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)
