Dear Sir,
Whereas, we, KYOEI DENKI (THAILAND) CO., LTD. and Mizuho Bank, Ltd. Bangkok Branch (the “Bank”) intend to enter into foreign exchange transaction(s). Normally, each transaction will be confirmed by sending to us (i) a FIRST FOREIGN EXCHANGE CONFIRMATION via email for notification purpose and (ii) a CONFIRMATION OF FOREIGN EXCHANGE (DUPLICATE) which we will execute from our receipt thereof.
By this request, we wish to request that such two confirmations as mentioned above be combined into a single stage for a confirmation setting out the particulars of the foreign exchange transactions entered into on such date (the “Confirmation”) and shall be delivered to us via one of the following methods (mark with [X] where applicable) -:
[ ] Email Confirmation
The Confirmation will be delivered to us via email in the form and manner as prescribed by the Bank. We shall duly execute such Confirmation and send it back to the Bank within 5 (five) business days upon the date of the receipt thereof.
[X] Electronic Banking Service Confirmation (e.g. Mizuho Global e-Banking (“MGeB”))
The Confirmation will be uploaded into the Bank’s electronic banking service under the name of MGeB or such other name which is a replacement thereof in the form and manner as prescribed by the Bank. Upon each upload, we shall duly confirm such Confirmation within 7 (seven) business days upon the date of each upload.
In the case where we find any mistakes or discrepancies on the Confirmation, we will immediately notify the Bank, otherwise the details of the foreign exchange transaction(s) contained in the Confirmation shall be deemed to be correct and accepted by us.
This request and all foreign exchange transactions contemplated in each Confirmation are subject to the terms and conditions set out in the Agreement on Forward Foreign Exchange Transactions and/or other agreements made between ourselves and the Bank in relation thereto, as amended, supplemented or superseded from time to time.
We also agree and acknowledge that if there are other documents related to the foreign exchange transaction in the form and substance as the Bank may reasonably require from time to time, we shall duly execute such documents and send it back to the Bank as soon as possible but in any case within 5 (five) business days upon the date of the receipt of such documents from the Bank.
Yours faithfully,
For and on behalf of KYOEI DENKI (THAILAND) CO., LTD.
Authorized Signatory -Company’s Seal if any-
Name