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Letter of Indemnity Sample

Ref:

Date:

Letter of Indemnity

I/We the Proprietor/ Partner/ Director/ Authorized person of M/s…………………………………………………do hereby confirm that I/We have delivered the entire goods/ executed the entire works as mentioned in the Proforma Invoice No………………………………dated ……………………..under Back to Back LC no…………………………………..dated………………………..for USD/Tk…………………………….issued by……………………………….(Bank),…………………………Branch against Export LC no……………………………………….dated …………………….   

I/We hereby confirm that the quantity, quality, specification and description of goods, as mentioned in the delivery challan no………………………………..dated …………………………..are as per above proforma invoice and thus, have been physically delivered /executed in good order and condition.

I/we have no objection to avail a Loan against Accepted Bill/ Bill Discounting no……………………………..dated …………………..drawn against the above Back to Back LC with recourse to the drawer and I/we hereby unconditionally undertake to adjust the Bank’s liability along with overdue interest in case of delay/ non payment of export proceeds against the bill beyond by the LC issuing / accepting bank.  

Signature with seal

(Proprietor/ Partner/ Director/ Authorized person)

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