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BCL Rwa - MTN Swift MT 542

This bank commitment letter confirms that [Client Name] has deposited a €500 million Medium Term Note (MTN) in their account at [Bank Name]. The bank verifies that the MTN is valid, cash-backed, and free of any legal issues. The letter also confirms [Client Name] as the legal owner of the MTN, and lists the signatory on the account. Finally, the bank states that for one year and one month they are willing and able to send Swift MT-542 messages on behalf of the nominated beneficiary as directed by the client. Contact information is provided to verify details of the MTN and confirmation.

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Adaikalam Alexander Rayappa
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2K views2 pages

BCL Rwa - MTN Swift MT 542

This bank commitment letter confirms that [Client Name] has deposited a €500 million Medium Term Note (MTN) in their account at [Bank Name]. The bank verifies that the MTN is valid, cash-backed, and free of any legal issues. The letter also confirms [Client Name] as the legal owner of the MTN, and lists the signatory on the account. Finally, the bank states that for one year and one month they are willing and able to send Swift MT-542 messages on behalf of the nominated beneficiary as directed by the client. Contact information is provided to verify details of the MTN and confirmation.

Uploaded by

Adaikalam Alexander Rayappa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Bank Letterhead

Bank Commitment Letter

DATE : (Date)

TO : …..(Client Name Corporation or Individual)

ACCOUNT NUMBER ………


ACCOUNT NAME:…..…..(Client Name Corporation or Individual)
MEDIUM TERM NOTE (MTN) Nº:

Sub: Bank Commitment Letter

Dear Sirs,

We, ………….Bank, located at ………………………………in ………., hereby confirm


with full bank responsibility and with full legal liability, that our client ……(name of
account holder)......., have Medium Term Note (MTN) Nº……….., and with ISIN
Number................., deposited in account number .............. , in our bank with face value of
Five Hundred Million Euro (€500,000,000.00).

We further confirm that this Medium Term Note (MTN) is cash-backed, good, and clean,
cleared, of non-criminal origin, free of any liens or encumbrances, were generated from
legal, non-criminal business activities.

We further confirm that …..(Client Name Corporation or Individual) is the real owner on
Medium Term Note (MTN) and that Mr…………… with Passport Number …xxxx…
issued by (Country)…., has been recorded as signatory on Medium Term Note (MTN)
referenced above.

We confirm that we are ready, willing and able at the first demand of our client to send
the Swift MT-542 for a period of One (1) Year and One (1) Month, for the benefit of the
nominated beneficiary, as stipulated by our client.

This Bank Commitment Letter does not represent a credit instrument, may be verified the
Medium Term Note (MTN), Nº………………, and the confirmation of Swift MT-542
through the following coordinates:

Bank Name:
Bank Address:
Account Number:
Account Name:
Telephone Number:
Bank Letterhead
Swift Code:
Bank Officer:
Email Officer:
Bank Tel:
Bank Fax:

Sincerely,

____________________________ _______________________
Authorized Signature Authorized Signature
Name: (Bank Officer’s Name) Name: (Bank Officer’s Name)
Title: Title:
Bank Department : Bank Department :
PIN CODE Number : PIN CODE Number :

BANK SEAL

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