Notice of Guaranteed Delivery



Exhibit 4.3 
 
FORM OF 
NOTICE OF GUARANTEED DELIVERY FOR SHARES OF 
COMMON STOCK OF BANCO
LATINOAMERICANO DE EXPORTACIONES, S.A. 
SUBSCRIBED FOR PURSUANT TO THE PRIMARY SUBSCRIPTION 
AND THE OVER-SUBSCRIPTION PRIVILEGE 
 
Banco Latinoamericano de Exportaciones, S.A. Rights Offering 
 
As set forth in Banco Latinoamericano de Exportaciones, S.A.’s (the “Company’s”)
prospectus dated                     , 2003 (the “Prospectus”) under “The Offer—Payment for Shares,” this form or one
substantially equivalent hereto may be used as a means of effecting subscription and payment for all shares of the Company’s common stock subscribed for by exercise of Rights pursuant to the Primary Subscription and the Over-Subscription
Privilege. Such form may be delivered by hand or sent by facsimile transmission, overnight courier or mail to The Bank of New York, the Subscription Agent, and must be received prior to 5:00 p.m., New York City time, on
                    , 2003 (the “Expiration Date”).* The terms and conditions of the Offer set forth in the Prospectus are incorporated by
reference herein. Capitalized terms not defined herein have the meanings attributed to them in the Prospectus. 
 
The Subscription Agent is: 
THE BANK OF NEW
YORK 
 

	 By Mail:
	 	 By Overnight Courier or By Hand:

	
	 The Bank of New York
 Reorganization Services
 P.O. Box 11248
 Church Street Station
 New York, NY 10286-1248
	 	 The Bank of New York
 Reorganization Services
 101 Barclay
Street
 Receive and Deliver Window, Street Level
 New York, NY 10286


 
For
Notice of Guaranteed Delivery 
By Facsimile Transmission 
(212) 815-6433 
 
To Confirm Facsimile Transmission Only: 
(212) 815-6212

 
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS,
OR TRANSMISSION OF 
INSTRUCTIONS VIA A TELECOPY OR FACSIMILE NUMBER, OTHER THAN AS 
SET FORTH ABOVE, DOES NOT CONSTITUTE A VALID DELIVERY 
 
The New York Stock Exchange member firm, or bank or trust company or financial institution which completes
this form, must communicate the guarantee and the number of shares subscribed for under both the Primary Subscription and the Over-Subscription Privilege to The Bank of New York and must deliver this Notice of Guaranteed Delivery guaranteeing
delivery of (i) payment in full for all 


	*	 	Unless extended by the Company. 








subscribed shares and (ii) a properly completed and executed Subscription Certificate to The Bank of New
York prior to 5:00 p.m., New York City time, on the Expiration Date.* The Subscription Certificate and full payment must then be delivered by the close of business on the third business day after The Expiration Date* to the Bank of New York. Failure
to do so will result in a forfeiture of the Rights. 
 
(Continued on the other side) 
 
GUARANTEE 
 
The
undersigned, a member firm of the New York Stock Exchange, or a bank or trust company or financial institution, guarantees delivery to The Bank of New York by the close of business (5:00 p.m., New York City time) on the third business day
(                    , 2003) after the Expiration Date
(                    , 2003, unless extended) of (i) a properly completed and executed Subscription Certificate and (ii) payment of the full
Estimated Subscription Price for shares subscribed for in the Primary Subscription and pursuant to the Over-Subscription Privilege, if applicable, as such subscription for such shares is indicated herein or in the Subscription Certificate.

 

	 1. Primary Subscription
	  	 Number of Rights to be exercised
	  	 Number of Shares requested in Primary Subscription for which you are guaranteeing delivery of an Subscription
Certificate and payment
	  	 Payment to be made in connection with Shares in Primary Subscription

	
	 	  	                      Rights
	  	                      Shares
	  	 $                                   
 

	
	 2. Over-Subscription
	  	 	  	 Number of Shares requested through the Over-Subscription Privilege for which you are guaranteeing
payment
	  	 Payment to be made in connection with Shares through the Over-Subscription Privilege

	
	 	  	 	  	                      Shares
	  	 $                                   
 

	
	 3. Totals
	  	 Total Number of Shares requested
	  	 	  	 
	
	 	  	                      Shares
    
	  	 	  	 $                                   
 
   Total Payment

	 Method of Delivery of Payment (circle one)
	  	 A. Through The Depository Trust Company (“DTC”)
 B. Direct to The Bank of New York










	
	 	    	 	  	 
	
	 	 	

	 Name of Firm
	    	 	  	 Authorized Signature

	
	 	    	 	  	 
	
	 	 	

	 Address
	    	 	  	 Title

	
	 	    	 	  	 
	
	 	 	

	 Zip Code
	    	 	  	 Name (Please Type or Print)

	
	 	    	 	  	 
	
	 	 	 	 
	 Name of Registered Holder (If Applicable)
	    	 	  	 
	
	 	    	 	  	 
	
	 	 	

	 Telephone Number
	    	 	  	 Date