LETTER HEAD OF THE BANK
THE LETTER OF READY WILLING AND ABLE (RWA)
BY swift: Mt799 format Free bank Message.
To: The Bank of Trader
To Attention for: Bank Manager
We , ( name of the bank ) are stating at the request of ( Name of Buyer Company) maintaining an account number at our Bank ( A/C No: -………………………) serves to provide you with a Bank reference for the company and is limited to be used or present in bidding on or signing a sales and Purchase contract of D2 DIESEL WITH ( The name of Trader Company )
Based on the information available with us, the Company intends to Issue in a nature of MT103-23 WIRE TRANSFER of SEVEN HUNDRED AND TWENTY MILLION US DOLLARS (720m US DOLLARS for the first full delivery of the commodity in favour of Seller Company.
As indicated The MT102-23 amount is USD Seven hundred and twenty Million United States Dollar) representing a spot shipment of 1,000,000MT and amount is 720, 000,000:00 USD
(720 Million United States Dollar) to cover total contract quantity of 1,000,000 MT. To fulfill this commercial project the Company has contacted our bank to arrange its execution, which will be available for drawing whenever all documents and conditions are complied with.
This Letter is given in strict confidence and without any responsibility, however arising on our part.
Officer of The bank
SEAL AND SIGNATURE
Officer of The bank
SEAL AND SIGNATURE