BLOCKED FUNDS LETTER
ON BANK LETTER HEAD
DATE:
TO:
BANK NAME:
ADDRESS :
REFERENCE:
ACCOUNT NUMBER:
BENEFICIARY CODE:
We, __________________ Bank irrevocably confirm on behalf of our client
_________________ / BENEFICIARY _________________ INC., that We have ___________________
million USD on deposit and these funds will be blocked by our bank for a period of
__________________ years and one (1) day beginning on the ______ day of _________ ,_____
to the day of ___________ __________ ,______.
This irrevocable Bank Commitment is assignable, Transferable and Divisible.
Said funds are blocked excessively for the purpose and intent of our
client's/beneficiary code.
Yours Faithfully, |