This document outlines the procedures for purchasing a Standby Letter of Credit (SBLC) for a total face value of XX Billion Euros. It involves two tranches totaling this amount, with payment of a 42% purchasing fee plus a 2% agent commission fee. The provider will deliver the SBLC via SWIFT message within 3-5 banking days of receiving payment, along with the physical document within 7 banking days via bonded courier. Payment is due from the receiver to the provider and agent within 5-7 banking days of receiving and verifying the SBLC.

1. 1. Instrument SBLC/BG
2. Issuing Bank HSBC Bank United Kingdom
3. Purchasing Fee
Leasing fee
42%
12%
2% agent commission fee.
4. First Tranche XX Million Euro
5. Second Tranche XX Million Euro
6. Total Face Value XX Billion Euro.
7. Delivery SWIFT to SWIFT
8. Payment By Wire Transfer (MT103)
9. Hard Copy Bonded Courier within 7 banking days.
PROCEDURES:
1. Seller and Receiver execute, sign and initial this deed of agreement,
which thereby automatically becomes a full commercial recourse
contract to be lodged by both parties for initiation of swift
transmission.
2. Within one-three (1-3) working days / or agreed working days after
the Receiver receives contract documents, the receiver will issue swift
MT799 pre-advice) (appendix A) (42% +2% against face value)

2. 3. Within three-five (3-5) banking days after confirmation of receipt of
the swift MT799 pre-advice from the Receiver of the SBLC to the
Provider’s coordinate bank account, the provider will deliver the SBLC
via bank to bank confirmation swift MT799 pre-advise / MT760 (SBLC)
to the receiver’s coordinate bank including the hard copy of the SBLC
via bank bonded courier in seven (7) banking days.
4. Receiver sends purchase fees to the Providers account of 42% + 2%
agent commission fees by swift MT103 to the provider account and
the agent account (provider designated bank account) and by wire
transfer 5 -7 banking days upon delivery, confirmation and verification
of SBLC by MT760 in the receiver’s nominated accountand SBLC hard
copy in the receiver’s nominated bank.
5. Any unauthorised calls made by any party or its representatives,
lawyers to probe or communication in an improper way to bank(s) in
this transaction shall be prohibited and contract terminated.
6. Should the receiver default to pay the buyout fees to the provider
and the brokers commission fees as agreed after 5 -7 banking days of
confirmation of SBLC( MT760) in receiver's bank account, provider will
instruct the issuing bank to put a claim on the SBLC thereby forcing
the receiver's bankers to return the SBLC (MT760) to the issuing bank.