BUYER’S BANK LETTER HEAD
including all details: address, phone, fax, email
BANK COMFORT LETTER
Date: , 2007 TO: Trading Address : Represented by : Telephone/Fax : Email : Dear Sirs,
1. This is to confirm that ………………………………... is a client of our bank, Buyer’s Bank and maintain a banking account no. ……………………… with us and is in good standing with our bank.
2. At their instructions we, Buyer’s Bank with full authority and mandate hereby confirm that the said client is ready, willing and financially able to purchase MT of for the price of USD /MT over the next 12 months and for the total value of USD subject to the Seller, completing the Sales & Purchase Contract.
3. We Buyer’s Bank, confirm our ability to issue in due course and after the signing of the Purchase Contract, the required Irrevocable, transferable, auto revolving Documentary Letter of Credit on behalf of our Client and for the benefit of the Seller, with full assurance for the full amount of the Contract.
4. We certify that our client named above has sufficient funds and/or credit facilities with our bank to complete the proposed transaction within the time period outlined in the above referenced Contract.
5. Our client hereby gives authority to the Sellers to procure usual banker's references from our bank officer ………………, whose direct phone is no. ++ ...............................
Yours truly
Sign and seal by bank officer + bank stamp Signed by a senior level bank officer, including its title, fax, and phone number. Signed by Authorized Bank Officer _______________________________ Name and Title of Bank Officer (Please type) _______________________________ Telephone (country code) (city code) _______________________________ Fax (country code) (city code) _______________________________
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