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782

1.2 DOCUMENTS ARE PRESENTED FOR COLLECTION

BANCA COMMERCIALE ITALIANA

16 Via di Pietra Papa 00146 Roma Italy

Our ref.

Your ref.

 

 

 

January 20th, 20__

VNESHECONOMBANK

 

Russia, Moskow Bahrushina, 23/5

 

Dear Sirs,

On behalf of our clients, Messrs. SCIPELLI Spa, Milano, we are handing you herewith their letter dated January 15th, 20__ and relevant documents for collection and acceptance.

Please deliver them to Novoimport, Moscow, against payment of USD 50,000.00 and acceptance of the enclosed 10 drafts totalling USD 450,000.00.

After the collection please credit the proceeds to our account quoting net amount. Your expenses are to be deducted from the proceeds.

After acceptance please return the accepted drafts to us together with your guarantee and a statement about the authenticity of acceptance signatures and powers of acceptors.

We remain

Yours faithfully,

A.Soliratty

A.Soliratty

Banca Commerciale Italiana