DRAFT STANDBY LETTER OF CREDIT
SWIFT INPUT : FIN 760 GUARANTEE / STDBY LETTER
CREDIT SENDER : AINEMY22XXX
RECEIVER : TO BE ADVISED
15A: NEW SEQUENCE
27 : SEQUENCE OF TOTAL
1/1
22A: PURPOSE OF MESSAGE
ISSUE
72Z: SENDER TO RECEIVER INFORMATION
PLS ADVISE THE MT760 TO THE BENEFICIARY WITHOUT ANY RISK AND RESPONSIBILITIES ON YOUR PART.
15B: NEW SEQUENCE
1/1
20 : UNDERTAKING NUMBER
ANESBL25XXXX
30 : DATE OF ISSUE
2025MMDD
22D: FORM OF UNDERTAKING
STBY
40C: APPLICABLE RULES
UCPR
23B: EXPIRY TYPE
FIXD
31E: DATE OF EXPIRY
366 DAYS FROM THE ISSUE DATE OF THIS SBLC
50: APPLICANT
NAME: TO BE ADVISED
ADDRESS: TO BE ADVISED
52D: ISSUER
ASIA NEXUS INVESTMENT BANK LTD
LEVEL 7(E), MAIN OFFICE TOWER,
FINANCIAL PARK COMPLEX, JALAN MERDEKA,
87000 FT LABUAN, MALAYSIA
SWIFT CODE: AINEMY22XXX
59: BENEFICIARY
ACCOUNT NO.: TO BE ADVISED
NAME: TO BE ADVISED
ADDRESS: TO BE ADVISED
IBAN NUMBER: TO BE ADVISED
56D: ADVISING BANK
BANK NAME : TO BE ADVISED
ADDRESS : TO BE ADVISED
SWIFT CODE : TO BE ADVISED
32B: UNDERTAKING AMOUNT
CURRENCY : USD
AMOUNT : 100.000.000
71D: CHARGES
ALL ADVISING CHARGES INCURRED BY ANY ADVISING BANK UNDER THIS INSTRUMENT WILL BE COVERED BY
THE APPLICANT AND UNDERTAKE FULL PAYMENT OF RELAY CHARGES FOR INSTRUMENT TO BE ADVISED.
77U: UNDERTAKING TERMS AND CONDITIONS
QUOTE
.
ISSUER : ASIA NEXUS INVESTMENT BANK LTD
BANK ADDRESS : LEVEL 7(E), MAIN OFFICE TOWER, FINANCIAL PARK COMPLEX, JALAN
MERDEKA, 87000 FT LABUAN, MALAYSIA
SWIFT CODE : AINEMY22XXX
.
APPLICANT : TO BE ADVISED
.
BENEFICIARY : TO BE ADVISED
.
WE, ASIA NEXUS INVESTMENT BANK LTD, LEVEL 7(E), MAIN OFFICE TOWER, FINANCIAL PARK COMPLEX,
JALAN MERDEKA, 87000 FT LABUAN, MALAYSIA, HEREBY ESTABLISH THIS STANDBY LETTER OF CREDIT
('SBLC') NO.: ANESBL25XXXX IN FAVOUR OF TO BE ADVISED (THE BENEFICIARY) AT THE REQUEST OF
OUR CLIENT, TO BE ADVISED (THE APPLICANT), FOR USD 100.000.000 (one hundred million US
DOLLARS ONLY) TO SECURE AMOUNTS DUE AND PAYABLE BY THE APPLICANT TO THE BENEFICIARY IN
RELATION TO THE PURCHASE OF TO BE ADVISED AS PER PROFORMA INVOICE/CONTRACT NO.:
_________DATED 23 MAY 2025.
.
DRAFT STANDBY LETTER OF CREDIT
FOR VALUE RECEIVED BY US, WE. HEREBY IRREVOCABLY AND UNCONDITIONALLY WITHOUT PROTEST OR
NOTIFICATION PROMISE TO PAY AGAINST THIS IRREVOCABLE STANDBY LETTER OF CREDIT ('SBLC') NO.:
ANESBL25XXXX, IN FAVOUR OF TO BE ADVISED, ON MATURITY DATE OF YYYYMMDD IN THE LAWFUL
CURRENCY OF THE UNITED STATES OF AMERICA UPON PRESENTATION TO US OF THE ORIGINAL OF THIS
STANDBY LETTER OF CREDIT AT OUR COUNTERS AT THE ADDRESS AS GIVEN ABOVE ACCOMPANIED BY:-
.
1. DRAFT AT SIGHT DRAWN ON US AND QUOTING OUR STANDBY LETTER OF CREDIT (SBLC) NO. ANESBL25XXXX
DATED YYYYMMDD.
2. A SIGNED STATEMENT FROM THE BENEFICIARY STATING THAT THE APPLICANT HAS FAILED TO
PERFORM ITS OBLIGATIONS UNDER THE PROFORMA INVOICE/CONTRACT NO.: ______________ DATED
23 MAY 2025 AND SUCH FAILURE CONSTITUTES A DEFAULT UNDER THE TERMS OF THE SAID
INVOICE.
3. A COPY OF A WRITTEN NOTICE SENT BY THE BENEFICIARY TO THE APPLICANT THROUGH THE
ISSUING BANK, DATED AT LEAST THIRTY [30] DAYS PRIOR TO THIS DRAWING, STATING THE
NATURE OF THE DEFAULT AND DEMANDING PERFORMANCE OR CURE.
4. A COPY OF THE SWIFT MT799 FROM THE ISSUER TO THE ADVISING BANK, ISSUED PRIOR TO
PRESENTATION, CONFIRMING THAT THE CONDITIONS FOR DRAWING HAVE BEEN FULFILLED AS PER
THE TERMS OF THE STANBY LETTER OF CREDIT.
.
THIS STANDBY LETTER OF CREDIT IS EFFECTIVE FROM THE ISSUANCE DATE OF THIS STANBY LETTER OF
CREDIT AND SHALL EXPIRE ON YYMMDD (366 DAYS FROM ISSUE DATE OF SBLC) AT OUR COUNTERS. ANY
DEMAND FOR PAYMENT UNDER IT MUST BE RECEIVED BY US AT THIS OFFICE INDICATED BELOW NOT
EARLIER THAN FIFTEEN (15) DAYS BEFORE EXPIRY DATE AND ALL DRAWINGS UNDER THIS STANDBY LETTER
OF CREDIT MUST BE PRESENTED TO US BEFORE THE EXPIRY DATE.
.
PLEASE SEND YOUR DEMAND IN WRITING TO US THROGH YOUR BANK AT ASIA NEXUS INVESTMENT BANK LTD,
T3-10-01 LEVEL 10 THREE TOWERS NO.296 JALAN AMPANG 50450 KUALA LUMPUR MALAYSIA.
.
THIS STANDY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES FOR DOCUMENTARY
CREDITS, 2007 REVISION, AND INTERNATIONAL CHAMBER OFCOMMERCE PUBLICATION NO.600 AND SHALL BE
GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE MALAYSIAN LAWS. IN THE EVENT ON ANY
INCONSISTENCY, THE LAWS OF MALAYSIA SHALL PREVAIL AND ALL PARTIES IS HEREBY IRREVOCABLY AGREE
TO SUBMIT TO THE EXCLUSIVE JURISDICTION OF THE COURT OF THE MALAYSIA.
.
PARTIAL DRAWING IS NOT ALLOWED.
.
THIS IS TO CONFIRM THAT THIS UNDERLYING TRANSACTION IS NOT DIRECTLY OR INDIRECTLY RELATEDTO
IRAN, SYRIA, CUBA, NORTH KOREA, RUSSIA, CRIMEA OR ANY OFAC SANCTIONED ENTITY OR INDIVIDUAL.
.
THIS STANDBY LETTER OF CREDIT IS AN OPERATIVE INSTRUMENT AND NO MAIL CONFIRMATION WILL
FOLLOW.
.
FOR AND ON BEHALF OF
ASIA NEXUS INVESTMENT BANK LTD.
UNQUOTE
DRAFT STANDBY LETTER OF CREDIT
49: CONFIRMATION INSTRUCTIONS
WITHOUT
44H: GOVERNING LAW AND/OR PLACE OF JURISDICTION
COUNTRY CODE: MY
45L: UNDERLYING TRANSACTION DETAILS
GOODS: TO BE ADVISED
AS PER PROFORMA INVOICE/CONTRACT NO.: _____________ DATED 23 MAY 2025.
SHIPMENT FROM: TO BE ADVISED
SHIPMENT TO: TO BE ADVISED
