4. WITHIN 2-6 BANKING DAYS ISSUING BANK SHALL SEND SWIFT PRE ADVICE TO BENEFICIARY BANK BY MT799. LESSOR WILL SEND COPY OF THE PRE ADVICE MT799 TO BENEFICIARY/LESSEE EMAIL ADDRESS: …………………………… FOR CONFIRMATION. LESSOR SHALL AT SAME TIME ALSO SEND TO LESSEE INVOICE & UNDERTAKING LETTER FOR THE PAYMENT OF REFUNDABLE INDEMNITY DEPOSIT 200,000.00 USD. (NOTE: LESSOR FEES RECEIVING BANK ACCOUNT SHALL BE DIFFERENT FROM ISSUING BANK ACCOUNT.) BENEFICIARY BANK RECEIVE MT799 AFTER BANK AUTHENTIC SWIFT LESSEE SHALL WITHIN 6-48 HOURS MAXIMUM TRANSFER BY FED WIRE THE REFUNDABLE INDEMNITY DEPOSIT AND SEND COPY TO SELLER FOR CONFIRMATION AND SWIFT ICBPO 12+2%.TO LESSOR BANK (IF CLIENT FAIL TO PAY DEPOSIT WITHIN 48 BANKING HOURS AND SEND CONFIRMATION COPY, PROVIDER WILL WITHDRAW AND RECALL MT799 PRE-ADVISE FROM RECEIVING BANK SCREEN) NO FORM OF EXCUSE OR REASON OF NONE PAYMENT SHALL BE ACCEPTED BY THE PROVIDER.
5. WITHIN 48 HOURS LESSEE PAYS DEPOSIT FOR THE INSTRUMENT. WITHIN 12 BANKING HOURS FROM RECEIVING THE INDEMNITY DEPOSIT, LESSOR BANK SHALL SEND THE INSTRUMENT BY MT760. BENEFICIARY BANK RECEIVE, CONFIRMS & VERIFIES BG/SBLC MT760; LESSEE SHALL WITHIN 1 – 30 BANKING DAYS’ OR AS AGREED BY BOTH PARTIES PAY LESSOR TOTAL FEES 12% + 2%AND CONSULTANTS COMMISSION BY MT103 FED WIRE TO RECEIVE THE HARD COPY. (SHOULD LESSEE DEFAULT TO PAY THE FEES TO THE LESSOR AND THE INTERMEDIARIES FEES AS AGREED ON THIS CONTRACT WITHIN ALLOWED NUMBER OF DAYS ON CONFIRMATION OF SWIFT MT760, LESSOR SHALL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE INSTRUMENT THEREBY FORCING THE LESSEE'S BANKERS TO RETURN THE BG/SBLC TO THE ISSUING BANK.)