As discussed, pls find sample below for discussing with BAY on the repayment process. Will discuss with you for more details kub,
- Outstanding with BAY will be repaid by a cheque issued by Standard Chartered Thai.
- The process is that SCBT will give the cheque to BAY once received confirmation that the 2 fixed assets (Banbung, and Korat) are released and on free hold.
- On the repayment date, the process will be 1) SCBT will standby at BAY by holding the cheque, 2) SHC and BAY will go to Land Departments at Banbung and Korat to release the fixed assets and SHC will confirm SCBT once completed the process, and 3) SCBT will give the cheque to BAY for loan repayment.
One more thing, SHC needs to set a target date to BAY asap in order to ensure that other following process will not be delayed. Moreover, I would suggest that you should send out a letter to BAY for this request to reconfirm the company’s request.
As discussed, pls find sample below for discussing with BAY on the repayment process. Will discuss with you for more details kub,
- Outstanding with BAY will be repaid by a cheque issued by Standard Chartered Thai.
- The process is that SCBT will give the cheque to BAY once received confirmation that the 2 fixed assets (Banbung, and Korat) are released and on free hold.
- On the repayment date, the process will be 1) SCBT will standby at BAY by holding the cheque, 2) SHC and BAY will go to Land Departments at Banbung and Korat to release the fixed assets and SHC will confirm SCBT once completed the process, and 3) SCBT will give the cheque to BAY for loan repayment.
One more thing, SHC needs to set a target date to BAY asap in order to ensure that other following process will not be delayed. Moreover, I would suggest that you should send out a letter to BAY for this request to reconfirm the company’s request.
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