Name    : 
EMail  : 

Subject  : Re: Re: Proof of Funds (POF) and Standby Letter of Credit 

Comments:
: Dear Provider,
: We seek Lease SBLC as per closing procedure & Verbiage SBLC stated bellow. We'll lease 5 x USD5Mio
: With this format, the receiving bank will fully guarantee to pay lease charges.
: If acceptable please send us your draft Agreement to our email address: gasco_51@yahoo.co.uk

: 
: PROCEDURE: 

: 1. Lessor  and Lessee execute,  sign and initial  this Deed of Agreement which thereby automatically becomes a full commercial recourse contract.

: 2. After signing the agreement and simultaneously or latest within 3 banking days with the return of the agreement to the Lessee, Lessee will issue a Non Disclaimer / Letter of Indemnity  signed by the Beneficiary of the SBLC ( Notarized )

: 3. Lessor will issue, deliver and SWIFT MT760 of  SBLC to Lessee’s designated bank for authentication & verification of the  SBLC in favor of  Lessee nominee , not later than 5 banking days  from the day on confirmation of authentication & verification will Automatically Cash Wire Transfer  of leasing fee into the Lessor’s bank account.. (Lessor send copy of Swift Mt 760 send to Lessee) 
:  
: 4. Within 7 banking days after confirmation of receipt of payment by Cash Wire Transfer of the leasing fees, the Lessor will deliver the hard copy of the  SBLC to the Lessee's bank via bank bonded courier.

: APPENDIX A :Text SBLC  MT760

: 
: RECEIVED FROM	:
: TO			:  W F B I U S 6 S

: ISSUE OF DOCUMENTARY CREDIT                                             (THIS MUST BE SENT AS A MT 760 SWIFT)

: 40A: FORM OF DOC CREDIT	IRREVOCABLE STANDBY
: 20A: DOC CREDIT NUMBER	_____________
: 31C: DATE OF ISSUE		_____________
: 31D: DATE PLACE EXPIRY	10/0…./date
: 				USA
: 50: APPLICANT		PTGC
: 59: BENEFICIARY 		To be inform
: 				ATTORNEY AT LAW
: 32B: CURRENCY, AMOUNT	USD  5,000,000.00 (Five million United States Dollars)
: 41D: AVAILABLE WITH…BY..	ANY BANK
: 				PAYMENT
: 42C: DRAFTS AT		SIGHT
: 45A: DESCR OF SERVICES	PERFORMANCE BOND BANDUNG PROJECT .
: 46A: DOCS REQUIRED		+ SIGNED DRAFT DRAWN ON ( issuing bank swift code )
: 				+ ORIGINAL SWIFT STANDBY LETTER OF CREDIT
: 				+ LETTER OF DEMAND/DRAW STATEMENT FROM THE BENEFICIARY
: 	+ BANK WIRE TRANSFER RECEIPT FROM WFBIUS6S EVIDENCING A 	    
: 	   WIRE TRANSFER OF USD XXXXXXX  TO  ABNASGSG IN FAVOR OF  
: 	   XXXXXX ACCOUNT NUMBER : 9 3 1 6 4 2 8 7 9 3
: 	+ BANK WIRE TRANSFER RECEIPT FROM WFBIUS6S EVIDENCING A WIRE 
: 	   TRANSFER OF USD ______ TO ( Lessor Bank SWIFT CODE )  , 
: 	   ACCOUNT NAME ………….(Lessor ), ACCOUNT  NUMBER : _________
: 	  
: 71B: CHARGES			ALL BANKING CHARGES FOR THE APPLICANT’S ACCOUNT
: 49: CONFIRMATION 		WITHOUT
: 53A: REIMBURSE BANK	___________
: 72: SENDER TO RECEIVER	THI S IS THE OPERATIVE INSTRUMENT. PLEASE ADVISE BENEFICIARY BY TELEPHONE AT (801) 236-1101
: 	THIS STANDBY LETTER OF CREDIT CAN ONLY BE CALLED UPON THE EXPIRY DATE AND SIGNED BY THE APPLICANT
:                                                      
: --------------------------unquote----------------------------------------------------------

: INFRA GASCO CAPITAL