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BCL
SAMPLE -- Should be submitted on Banker's Letterhead
Bank Comfort Letter
(Also known as BCL)
(CONFIRMING
LC BANK MUST BE ONE OF THE TOP 50 PRIME BANKS)
Dated:
To
Dear Sirs,
This is to confirm
that our mutual clients (namely) INSERT maintain a banking account with us.
At their instructions we, INSERT (full
name of the Bank) with full authority and mandate hereby confirm that the said clients are willing and financially able to
initiate the process of purchasing of:
INSERT tonnes of INSERT (Product Name) during the next INSERT /months/years. We
understand the total value of imports under the sight irrevocable Documentary Credit on C & F basis is in the region of
US $.
We certify that our clients named above have sufficient funds and/or have credit line with our bank to complete
the proposed transaction within the time period shown above.
Our clients hereby give authority to the Sellers to procure
usual banker's references.
Yours truly
Signed
Full name of the signatory
Designation
of the signatory
Bank Telephone No (if not printed above)
Bank's fax No
Bank Swift/Sort-Code
Bank
rubber stamp
*************************************************
LETTER OF INTENT
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