Templates: LOI ICPO FCO NCNDA IMFPA

Rules for Bank Comfort Letter (BCL) formulation.

Once again, any authentic buyer and the processing bank are familiar about BCL, but here is an example.

(ON BANK's LETTERHEAD)

(Seller's company)
(Address)
Attention: Mr. ____________ , Chairman of the Board
Date:______________

BANK COMFORT LETTER

Re: __________________ (Buyer's Company name) ICPO Reg. # ______________
Up to X.X00.000 MT per month Russian Export Blend Crude Oil REBCO Contract

On behalf of, _________________ (Full Name of the Bank), this letter to confirms that ________________________ (Full Name of the Buyer) registered under corporate laws of __________ is prepared and has capable to facilitating the purchase of up to X.X00.000 metric ton of Russian Export Blend Crude Oil "REBCO" per month for the term of 12 month according to client's ICPO ___________ dated ___________.

We have been duly informed by our client ______________ Inc., regarding their contract with for the supply of crude oil "REBCO". Our client ______________ Inc., has a solid relationship with (Full Name of the Bank). Upon the proper verification of documents, we will oversee all banking transactions on behalf of _______________ Inc., which includes all Documentary Letter of Credit (DL/C).
If you wish to receive a verification of this BCL, you may use our International Wire Fax number: __________________
At (Full Name of the Bank), we take great pride in helping our Premier Business Clients to achieve their goals.

Regards

SIGN and SEAL

Managing director
Mr:____________________

Regards

SIGN and SEAL

Notary public
Mr:____________________

Regards

SIGN and SEAL

Bank officer
Mr:____________________

Blank of NCNDA

Blank of FCO

Mazut M-100

Mazut Trading Companies, Buyers and Sellers, ICPO, Mandate, Bunkers

REBCO

REBCO Traders, FCO, Suppliers, Oil Brokers, Intermediaries, Agents, FOB

Gas Oil (D2)

D2 Suppliers, Wholesale Buyers, Storage, AGO, GasOil, Facilitators, LOI