THE CLIENT WILL HAVE TO FOLLOW THIS CLAUSE IN OUR DOA PROCEDURE:

(B) LESSEE PROVIDES HIS BANK LETTER APPROVING VERBIAGE OF OUR SWIFT MT-799 (AS PER
“APPENDIX A” TO LESSOR’S DESIGNATED RECEIVING BANK.

BANK LETTER APPROVING OUR VERBIAGE OF MT799 BLOCKFUNDS ON BANK

LETTERHEAD

(Addressed to the PROVIDER or to its own client)

WE AGREE WITH THE VERBIAGE OF THE ICBPOs AS GIVEN IN APPENDIX A BELOW AND
ARE READY, WILLING AND ABLE TO SEND ANY ONE OF THEM THROUGH SWIFT 799 AS
REQUIRED IN THE LOI FOR GETTING BG/SBLC, ON THE INSTRUCTIONS OF OUR CLIENT:
(…….…….), AFTER RECEIVNG THE COUNTERSIGNED CONTRACT BY THE BG/SBLC
PROVIDER.

BANK OFFICER: (……………..NAME, SIGN AND SEAL…………..)

APPENDIX A

ACCEPTABLE DRAFT OF MT799, PROOF OF FUNDS, BLOCK FUNDS

(After receiving your Escrow Deposit or Transmission charges or
MT799 BLOCKFUNDS as COLLATERAL, we send you Pre-Advice as per
APPENDIX B. After receiving Pre-Advice from the Top Bank, you are
required to send following MT799 BLOCKFUNDS of the following
VERBIAGE to us in order to get MT760 BG/SBLC from us)
SWIFT INPUT: MT 799 BLOCKFUNDS REGARDING TRANSACTION CODE:

SENDER
BANK NAME:
BANK ADDRESS:
BANK TEL/ FAX:
BANK OFFICER NAME:
SWIFT CODE:
ACCOUNT NAME:
ACCOUNT NO:

RECEIVER
BANK NAME:
BANK ADDRESS:
BANK OFFICER NAME:
SWIFT CODE:
ACCOUNT NAME:
ACCOUNT NO:
BANK TEL / FAX:
WE,-----------------------THE BANK, HAVING AN ADDRESS
AT---------------- , HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY AND
LIABILITY THAT OUR CLIENT-----------------------------HAS ON DEPOSITS
WITH OUR BANK UNDER THEIR SOLE SIGNATURE IN ACCOUNT
NUMBER---------------- (or IBAN NUMBER: -----------------), FOR THE
THE SUM OF XXXXXXXXXX MILLION
THESE FUNDS ARE CLEAN, CLEARED, OF NON-CRIMINAL ORIGIN AND ARE FREE
OFANY LIENS AND ENCUMBRANCES AND ARE AVAILABLE TO THE CLIENT WITHOUT
ANY RESTRICTIONS.

THESE FUNDS ARE CURRENTLY PUT ON ADMINISTRATIVE HOLD FOR THE BENEFIT
OF (BENEFICIARY NAME), FOR THE PERIOD OF 45 DAYS OR TILL THE
TRANSACTION XXXXXXXX IS COMPLETED, WHICHEVER IS EARLIEST. THIS
INSTRUMENT WILL REMAIN VALID UNTILL THE END OF THIS TRANSACTION. THIS
INSTRUMENT WILL AUTOMATICALLY EXPIRE IF PRE-ADVICE MT799 OR MT760 IS
NOT RECEIVED BY US WITHIN 10 BANKING DAYS OF ITS ISSUING DATE.

THIS INSTRUMENT IS VERIFIABLE AND CONFIRMABLE BY RESPONSIBLE BANK

INQUIRY AND IS SUBJECT TO THE UNIFORM COMMERCIAL CODE AND IS GIVEN FOR
AND ON BEHALF OF XXXXXXXXXX, THE ISSUER.

BANK OFFICER NAME BANK OFFICER NAME

TITLE TITLE
PIN NO: PIN NO:

I AGREE TO INSRUCT MY BANK TO ISSUE ABOVE MT799 BLOCKFUNDS POF AS PER

VERBIAGE ABOVE AFTER GETTING THE COUNTERSIGNED CONTRACT FROM THE
PROVIDER.

Signed this 28 June 2014

<SEAL>
_____________________________ Date: 28 June 2014
Signatory Name:
Title: Director
Passport No.:
Country:
Date of Issue:
Date of Expiration: