Please fill out this questionnaire. The answers will help us to assemble a simple visual plan so we can assist you in structuring your letters of credit properly. All answers will be held in the strictest of confidence. Also, is required to have this information according to certain AML (Anti Money Laundering) regulations.
You may notice similar questions to the application, those that are exactly the same will be filled in for you.
For any questions which you may have regarding your trade or any restrictions of that trade which may exist, please see the Q and A below or access the website http://www.state.gov/e/eeb/cba/178.htm
Q. Currently, what countries have sanctions placed on them by the U.S. Government?
A. The Office of Foreign Asset Controlsof the Department of Treasury provides information about sanctions regulations and maintains a list of individual entities with which U.S. parties cannot do business.
Q. What federal agencies are involved in export controls and over what products?
A. The Bureau of Export Administration (BXA) of the Department of Commerce provides links to federal agencies with export control responsibilities.
Q. What if I need additional information on which Federal agency has export controls/licensing authority over my product?
A. Go to the Bureau of Export Administration's General Information facts web page.
Q. What is a Commodity Jurisdiction request?
A. Go the Commodity Jurisdiction request.
Q. What are dual-use exports and who is the licensing agent?
A. Dual-use exports are those materials or equipment which are defense-related, involving sensitive (e.g., military or nuclear) or non-sensitive applications, such as computers, weapons, licensing of defense services and defense (munitions) articles.
The Client is not relying on any statements made by The Company and no oral statements shall contradict, supersede or amend this Agreement. The Client represents that it has had a full opportunity to exercise its due diligence with regard to the underlying transaction. The Client is not relying on The Company’s expertise in the underlying transaction between the Client and the Seller/Beneficiary and is not expecting The Company to evaluate the underlying transaction or do the due diligence for the Client.
The Client understands this Agreement with The Company is separate and independent from its Contract with the Seller/Beneficiary with regard to the underlying transaction. The rights and obligations of the Client and The Company are separate and distinct from the rights and obligations of the Client with the Seller/Beneficiary. The performance or nonperformance by the parties to the underlying transaction, i.e., the Seller/Beneficiary and the Client are independent from the obligations established by this Agreement between the Client and the Company.
The Client understands and agrees that The Company will not be involved in any disputes or help with resolution of disputes between the Client and the Seller/Beneficiary. The Company deals only in documents and not with the underlying product or the underlying transaction, which do not in any way affect the terms of this Agreement.
The Company is only facilitating the opening/issuing of a Financial Instrument without requesting the advising Bank or any other institution to add Confirmation.
This Agreement and the Financial Instruments are governed by the Uniform Customs and Practices/ICC Publications Latest Version.