STANDARD CUSTOMER REQUEST FORMAT OF EPC/PCFC DISBURSEMENT

To,
The Manager
Kotak Mahindra Bank Limited
580, MG Road Branch

Dear Sir,

Sub: Request for Export packing credit

We request you to grant us Export Packing Credit of Rs2100000/- Value date 08/01/2020, for
a tenor of 60 Days by crediting our O.D A/c No. 9912013603 under advice to us.

Tick –Running Account Facility – NA

Tick –Order Based Facility – Yes

(Please give the export order along with this request and mention the details below) **

Buyer SUNRISE FOODS INTERNATION

Commodity CERTIFIED ORGANIC SOYABEAN
ITC HS Code 12019000
Last Shipment date 31.01.2020
Order Value in USD 1568160
Date 18.09.2019
Actual Cost 11,13,39,360.00
Margin 10%
Country USA
Inco terms (CIF/FOB Etc) FOB
Currency USD

(** This can be checked from your sanctioned letter mentioned under Disbursement Method headline)

We undertake to liquidate the above loan by submitting to you the relative export
document within the validity of the order or within 180 days from the date of advance
whichever is earlier.

In case of order with a credit period of more than 180 days, we undertake to liquidate the
above loan by submitting to you the relative export documents within validity of the order or
within 180 days from the date of advance whichever is later.
We also declare and undertake as follows (tick wherever applicable)

 We are not in the caution list of either RBI or ECGC

 In case of running account facility we undertake to submit the related LC/ Purchase order
within 30 Days from the date of disbursement of packing credit or within days as
specified in the sanction letter and also confirm that we will not avail credit / finance in
regards against this PO/ LC.
 In case of Order based facility – I confirm that I have not obtained any finance from any
other bank against this PO as mentioned above.
 We hold necessary export quota/license to execute the above shipment
 We hold ECGC’s shipment (Comprehensive Risks) Policy No._NA__Dt (if applicable)
 We shall submit to you our monthly stock statements on or before 10th of every
succeeding month
 We shall have the relative stocks adequately insured and submit to you the relative
insurance policy made out in the Bank’s name
 We will export the goods as per the shipment schedule of the Export Order copy
enclosed herewith, without any delay
 We are agreeable for commercial rate of interest in case of delay in liquidating the EPC
within the validity of export order or we liquidate the advance other than from proceeds of
export bills
 We have not availed packing credits from any other Bank in respect of above mentioned
order
 We confirm that country of export /parties involved does not belong to any OFAC country
list

DECLARATION – CUM – UNDERTAKING

I/We hereby declare that the transaction the details of which are specifically mentioned in this request
letter does not involve, and is not designed for the purpose of any contravention or evasion of the
provisions of the aforesaid Act or of any rules, regulation, notification, direction or order made
thereunder. I /We also hereby agree and undertake to give such information/documents as will
reasonably satisfy you about this transaction in terms of the above declaration. I/We also understand
that if I/We refuse to comply with any such requirement or make only unsatisfactory compliance
therewith, the bank shall refuse in writing to undertake the transaction and shall if it has reason to
believe that any contravention/evasion is contemplated by me/us report the matter to Reserve Bank of
India.. I/We further declare that the undersigned has/have the authority to give this declaration and
undertaking on behalf of the company.

Yours Faithfully,
For M/s. Radiance Overseas

AUTHORISED SIGNATORY
Place: Indore (M.P.)
Date: 08/01/2020