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Jan 6, 2020Finance Opportunities

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Availability of MTNs

Availability of MTNs

(Bank Letterhead) (C)
Page 1 of 2
Bank Commitment Letter
Date:
To :…..(Client name – Corporation or Individual)
Medium Term Note (MTN) No.
Account Number:
Account Name :…..(Client Name – Corporation or Individual)
Subject: 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)……., has
a Medium Term Note (MTN) Nº……….., with ISIN Number…………….., deposited in account number
………….., in our bank, with a 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, that were generated from legal, non-criminal
business activities.
We further confirm that …..(Client name Corporation or Individual) is the real owner of the Medium
Term Note (MTN) and that Mr…………… with Passport Number …xxxx… issued by (Country)….,
has been recorded as signatory on the 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 MT542 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. Confirmation of the Medium
Term Note (MTN) Nº………………, and Swift MT-542 may be verified through the following
coordinates:
Bank Name:
Bank Address:
Account Number:
Account Name:
Telephone Number:
Swift Code:
Bank Officer:
Email Officer:
Bank Tel:
Bank Fax:
(Bank Letterhead)
Page 2 of 2
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
Note: Procedure and returns are the same for a MTN or SBLC or a Bank Draft or CD.
If client has a SBLC, change the above ‘MTN’ reference to ‘SBLC’ and change the Swift MT-542
to a Swift MT-760.
If client has a Bank Draft or Certificate of Time Deposit (CD), change the above MTN reference
to Bank Draft or CD and change the Swift MT-542 to a Swift MT-110.

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