Sample Bank Comfort Letter (BCL) (On Buyer's Bank Letter Head) (Including all details such as Address, Telephone, Facsimile, E-Mail, etc.) Bank Comfort Letter (BCL) Date: (Day, Month, Year) To: To the Seller, This is to confirm that our mutual clients (namely) maintain a banking account with us and is in good standing with our bank. At their instructions we, (full name of the bank), with full authority and mandate hereby confirm that the said client is ready, willing and financially able to initiate the process of purchasing of (requested product quantity) metric tons of Ordinary Brazilian Sugar or Commodities for the price of USD (price per metric ton) during the next (duration of contract) month(s) / year(s) and for the total value of USD (total contract value) subject to the seller, completing the Sales and Purchase Contract. We, (buyer's bank), confirm our ability to issue in due course and after the signing of the Purchase Contract, required ((SBLC MT 760, DLC, FFDLC, FFRLC, SLC, BG MT 760, Unconditional SLC/BG)) Letter of Credit on behalf of our client and for the benefit of the seller, with full assurance for the full amount of the contract. This Letter is to Confirm That (name of the company) registered in (address bank tel.) has Business checking account with our branch in good standing and we are ready to issue a (SBLC MT 760, DLC, FFDLC, FFRLC, SLC, BG MT 760, Unconditional SLC/BG), on behalf (name of the company) for a maximum amount of $ XXX (XXX U$ Dollars).We certify that our client named above has sufficient funds and / or have credit facilities with our bank to complete the proposed transaction within the time period outlined in the above referenced contract. Our client hereby gives authority to the seller to procure usual banker's references from our bank officer (full name of bank officer), whose direct phone number is .................................................... Yours truly Signed by a senior level bank officer: ............................................................................................. Full name of the signatory: .............................................................................................................. Designation of the signatory: ........................................................................................................... Clients' Name as written in account: ................................................................................................ Account No / IBAN: ........................................................................................................................... Bank Telephone No: ........................................................................................................................ Bank's Fax No: ................................................................................................................................. Bank SWIFT / Sort Code: ................................................................................................................. Bank stamp / seal: ......................................................................................................................... When trading internationally, there are many acronyms which feature in contracts, reports, orders, and descriptions. This document outlines commonly used terms and acronyms in international training.AMEX Amex is one of the three largest stock exchanges in the United States. Founded in 1842, it trades mostly mid size and small companies.ASWP An acronym which stands for Any Safe World Port Generally sugar sellers offer delivery to any safe world port of the buyers choice, so this term comes up quite often in sugar trading.BG Stands for Bank Guarantee, which acts as insurance for the seller on a purchase. When a Bank Guarantee is in place, the bank is legally required to pay the seller in the event of the buyer defaulting on the sale.BCL Bank Comfort Letter also known as Bank Capability Letter. Similarly to the Bank Guarantee, a Bank Comfort Letter is a letter written