TRADING PARTNERS

Investments - Banking Instruments - BG/MT760

VERY IMPORTANT NOTE

There are HARDENED MISCONCEPTIONS prevalent in the Buyer/Borrower and Lessor/Financier/Provider relationships, which I want you to allow me just ONE spare minute of your time, to READ and CONSTANTLY keep in mind, as well as CONSTANTLY REMIND your Client to BEWARE of, thus:

- Banking rules & regulations DO NOT  permit or allow the Buyers and Borrowers of Bank Instruments to DETERMINE or MAKE the terms & conditions, or issue procedures or contracts (Procedures), on which Bank instruments are to be sold or leased to them.

- ONLY Financiers, Lessors and Providers of Bank Instruments in agreement with their Issuing Banks, have the authority to issue the terms & conditions (Procedures) on which Bank Instruments are to be sold or leased to Buyers and Borrowers.

- Buyers and Borrowers of Bank Instruments are OBLIGED to FOLLOW and ADHERE to the Procedures issued by Lessors, Financiers and Providers of Bank Instruments, without any additional proposals or pleadings from the Clients. Throughout the worldwide Banking & Finance Industry, there is NO ALTERNATIVE to Financiers/Providers/Lessors Procedures being followed and adhered to.

If you or a client of you are ready, willing, able and agree with the above procedure, also your bank is ready to cooperate with you, please do not hesitate to contact us.