To:
Genesis Capital Management Group, Ltd.
Swift Code:
Bank Officer:
BANK CAPABILITY LETTER
We, the undersigned, (full bank name), on behalf of our client, ______________, are pleased to inform you that, ________________, has the capability to purchase the quantity of _________ Metric Tons of ____________ (Commodity) with the first delivery being +-________ Metric Tons at approximately USD $_______.00 per Metric Ton.
Hereby, we confirm irrevocably that we are willing with full banking responsibility to issue an irrevocable, transferable letter of credit in the amount of approximately USD $____________ made payable at the bank counters in NY.
We look forward to your prompt reply and thank you in advance for your urgent action.
First Bank Officer .........................................Second
Bank Officer
(Print, Sign and Seal) ...................................(Print,
Sign and Seal)
Full Buyer's Name, Company &
Titles:..............Full
Notary Public Name
(Print,
Sign and Seal) .....................................(Print, Sign and Seal)
Buyer To Confirm That Full Bank Guarantee Will Be Made Out As Above And To Be
Presented At The Time of Signatures of Contract.
Buyer's Signature and Stamp