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Bank Capability Letter (BCL)

(BANK MUST BE ONE OF THE TOP 10 PRIME BANKS)

Dated:

To

SGS Bank Systems Ltd.

Dear Sirs,

This is to confirm that our mutual clients (namely)…………………………………………………………………………………… maintain a banking account with us.

At their instructions we, …………………………………………………………………………………………………………………………………………………….(full name of the Bank) with full authority and mandate hereby confirm that the said clients are willing and financially able to initiate the process of purchasing of………………………………………. tonnes of…………………………………………… (Product Name) during the next………………………………………../months/years. We understand the total value of imports under the sight irrevocable Documentary Credit on C & F basis is in the region of US $ / EURO:

We certify that our clients named above have sufficient funds and/or have credit line with our bank to complete the proposed transaction within the time period shown above.

Our clients hereby give authority to the Sellers to procure usual banker’s references.

……………………………………………………………………………………
Signed

Full name of the signatory ………………………………………………………………………………………………………………………………………………………….

Designation of the signatory …………………………………………………………………………………………………………………………………………………………

Clients’ Name as written in account …………………………………………………………………………………………………………………………………………………………….

Account No……………………………………………………………..

Bank Telephone No (if not printed above) ……………………………………………………………………

Bank’s fax No ……………………………………………………………………………..

Bank Swift/Sort-Code ……………………………………………………………………………

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