SWIFT INPUT: FIN 760 GUARANTEE,/STDBY LETTER CREDIT SENDER: WISMATWWXXX RECEIVER: XXXXXXXXXXXXXXX ---------------------- MESSAGE TEXT ----------------------- : 27: SEQUENCE OF TOTAL: 1/1 : 20: TRANSACTION REFERENCE NUMBER: XXXXXXXXXXXX : 23: FURTHER IDENTIFICATION: ISSUE : 30: DATE: DD.MMM.2016 : 40C: APPLICABLE RULES OTHR/UCP LATEST VERSION : 77C: DETAILS OF GUARANTEE TYPE OF SBLC: IRREVOCABLE STANDBY LETTER OF CREDIT . APPLICANT: XXXXXXXXXX . ON BEHALF OF: EXPRESS COMMODITIES SARL, BAIRRO DE QUELELE, BISSAU, GUINEA BISSAU . BENEFICIARY: MIDAS EXIM 19/1 OLD NO9-8-10B OLD MILK SOCIETY STREET BODINAYAKKAN PATTI VADIPATTITALUK T VADIPATTI MADURAI TAMIL NAIDU, INDIA . ADVISING BANK: AXIS BANK LIMITED CHELLAM BAPPUSAMY HALL 80 FEET ROAD, K.K. NAGAR, MADURAI, INDIA SWIFT CODE: AXISINBB109 . AMOUNT: USD 700,000.00 (UNITED STATES DOLLARS SEVEN HUNDRED THOUSAND ONLY) . EXPIRY DATE AND PLACE: DD.MMM.2016 / AT OUR COUNTERS, IN VIENNA . WE, BANK WINTER + CO. AG, VIENNA, AUSTRIA, HEREBY IRREVOCABLY AND UNCONDITIONALLY (EXCEPT AS STATED HEREIN BELOW) WITHOUT PROTEST OR NOTIFICATION PROMISE TO PAY AGAINST THIS STANDBY LETTER OF CREDIT NO. XXXXXXXXXXXX IN FAVOR OF MIDAS EXIM, 19/1 OLD NO9-8-10B OLD MILK SOCIETY STREET BODINAYAKKAN PATTI VADIPATTITALUK T VADIPATTI, MADURAI TAMIL NAIDU, INDIA (HEREIN AFTER REFERRED TO AS BENEFICIARY) ISSUED BY THE ORDER OF XXXXXXXXX (HEREIN AFTER REFERRED TO AS THE APPLICANT) ON BEHALF OF EXPRESS COMMODITIES SARL, BAIRRO DE QUELELE, BISSAU, GUINEA BISSAU (HEREIN AFTER REFERRED TO AS BUYER/PARTY) THE SUM OF USD 700,000.00 (UNITED STATES DOLLARS SEVEN HUNDRED THOUSAND ONLY) COVERING THE SALE OF INDIAN WHITE RICE AS PER THE SALES + PURCHASE AGREEMENT MID/RICE/1021 SIGNED ON 01.AUG.2016 UPON PRESENTATION OF AN ECS101 080416
AUTHENTICATED COPY OF THIS STANDBY LETTER OF CREDIT AT OUR COUNTERS
IN VIENNA, ON EXPIRY DATE I.E., DD.MMM.2016 BUT NOT EARLIER THAN FIFTEEN (15) DAYS BEFORE EXPIRY DATE (DD.MMM.2016) ACCOMPANIED BY APPLICANT’S CONFIRMATION OF FULFILLMENT OF THE OBLIGATIONS BY BENEFICIARY TOWARDS BUYER/PARTY SENT BY US VIA AN AUTHENTICATED SWIFT TO BENEFICIARY THROUGH ADVISING BANK. THIS SWIFT MESSAGE WILL BE ISSUED ONLY, UPON RECEIPT OF APPLICANT’S ACCEPTABLE INSTRUCTIONS AND APPLICANT’S FULFILLMENT OF OBLIGATION TOWARDS THE ISSUING BANK. . SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEES OR WITHHOLDINGS OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF THE ISSUING BANK OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN. . THIS STANDBY LETTER OF CREDIT IS SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDIT (LATEST REVISION) INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO.: 600 . THIS IS AN OPERATIVE INSTRUMENT NO MAIL CONFIRMATION WILL FOLLOW. .