APPLICATION FOR STANDBY LETTER OF CREDIT (SBLC)
To:OCBC Bank (Malaysia) Berhad (295400-W)
1. Name & Address of the Applicant: / 2. Name & Address of The Beneficiary:Contact Person:
Tel No: / Fax No:
3. Name & Address For 3rd Party’s Account (If Applicable): / 4. Details of SBLC:
a) Currency and Amount in figures:AUDCADCNYEURGBPHKDJPYMYRNZDSEKSGDUSD
b) Issue Date : JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC20122013201420152016201720182019
c) Effective Date : JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC20122013201420152016201720182019
d) Claim Period:
e) Expiry Date : JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC20122013201420152016201720182019
5. Issuance Mode:
Issue by Tele-transmission. / Issue by Courier to Beneficiary.
Issued by the following local bank in the country of Beneficiary.
Name of the Bank and place: / Correspondent Banks of OCBC
6. Instruction on Charges and Payment:
Please debit my/our account No:with you for charges pertaining to this application.
I/We attach herewith a Cheque, detail as follows:
No: / Bank: / Place: / Amount: USDMYRAUDCADEURGBPHKDJPYSEKSGD
7. Attachment(s)(If any):
Format of SBLC (If not provided, then Bank’s standard format applies).
Supporting Document(s) (Please specify):-
8. Instruction:
For payment at sight on presentation of the signed Beneficiary’s Statement quoting the SBLC number, specifying the sum drawn AND:-
(A) Where the Standby Letter of Credit (SBLC) is for credit facilities:-
Stating that the drawing represents and covers the unpaid indebtedness due to the Beneficiary under credit facilities extended by the Beneficiary to:-
- the Borrower:
- on terms and conditions of Letter of Offer dated: JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC20062007200820092010201120122013201420152016201720182019
(B) Where the Standby Letter of Credit (SBLC) is for non-performing of contract:-
Stating that the drawing represents and covers the unpaid indebtedness due to the Beneficiary under the contract:-
title:
date: JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC20092010201120122013201420152016201720182019
Specify the details required in the SBLC specimen annexed hereto.
Conforming to the following requirements (Please specify):-
Enclosing the following documents (if any) (Please specify):-
(C) Where this Standby Letter of Credit (SBLC) is for trade related transaction:-
Stating that the drawing represents and covers the unpaid indebtedness due to the Beneficiary from the sale of the following goods:
Specify the details required in the SBLC specimen annexed hereto.
Conforming to the following requirements (Please list):-
AND
a)Invoice(s) not bearing any indication of having been cancelled or paid, relating to the sale of such Goods by the Beneficiary to me/us;
b)Transport document(s) showing that such Goods have been posted, forwarded or loaded on board a mode of transportation for shipment, carriage or dispatch to me/us.
Additional instructions:-
9. Applicant’s Declaration and Authorisation
a)SBLC will be governed by the ''International Standby Practices ISP 98'' (ICC Publication 1998) (''the Publication'') and, for all issues not covered by the Publication, the laws of Malaysia shall apply. In case of conflict, the Publication shall prevail. The courts of Malaysia shall have non-exclusive jurisdiction over any dispute arising from this SBLC. Unless you otherwise agree, the SBLC will be issued subjected to the latest version of the Publication which is effective on the date of its issuance. That the undertakings and terms herein shall be construed in accordance with the laws of Malaysia;
b)This Application is subjected to the letter of offer and OCBC Product Terms, including all supplements and amendments from time to time. The letter of offer shall prevail if there is any conflict between any applicable terms;
c)I/We shall indemnify you for any damages, losses, costs and/or expenses (including legal costs on a solicitor and own client basis and any tax payable) which you may incur or suffer arising from or in connection with this Application, including any SBLC issued.
Authorised Signature(s) :
Date: JANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDEC20122013201420152016201720182019
OCBC / GTF / SBLC FORM / REVISED_19 JULY 2012 (ENG) PAGE1 of 2