English: In the same letter, Medalla emphasized that Soleil Chartered does not have a pending application for a banking license with the BSP and that it did not receive nor process any banking application from the said entity based on BSP's records reckoning from 2014, said Gatchalian, adding that only those authorized by the BSP to operate as a bank may issue a letter of credit or certification as per Medalla.
Filipino: Sinabi pa ni Medalla sa liham na ang Soleil Chartered ay walang aplikasyon ng banking license sa BSP at hindi ito nakatanggap o nagproseso ng anumang banking application batay sa records ng BSP mula 2014, ayon kay Gatchalian. Idinagdag pa ni Gatchalian na tanging ang mga pinahintulutan ng BSP na magpatakbo bilang isang bangko ang maaaring mag-isyu ng letter of credit o sertipikasyon ayon kay Medalla.