SELLER DEPOSIT A COPY OF THE SIGNED CONTRACT TO THEIR RESPECTIVE BANK.
8. BUYERS BANK SENDS TO SELLERS BANK WITHIN 5 (FIVE) BANKING DAYS, AN OPERATIVE FINANCIAL INSTRUMENT (SBLC/BG: UNCONDITIONAL, TRANSFERABLE, DIVISIBLE, IRREVOCABLE) BY SWIFT MT760, REQUIRED TO CONTRACT GUARANTEE AND VALID FOR 14 MONTHS, HAVING A FACE AMOUNT EQUAL TO USD
$XX, 000,000.00 ( xxx MILLIONS DOLLARS) TO COVER THE PERIOD OF TIME THE XX LASTS MONTHS OF SHIPMENTS, OF ONE OF THE 25 TOP BANKS.
9. WITHIN 7 BANKING DAYS, THE