英语翻译

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英语翻译
Please find as below draft of Standby L/C,in order to forward to your customer accordingly:
At the request of NORTHERN TRUST COMPANY (hereunder referred to as “the application”),We hereby issue our irrevocable Standby Letter of Credit NO.XXXXXXXX-H.In favor of CHINA MERCHANTS BANK,SHENZHEN PINGHU SUB-BRANCH,for facilities under loan agreement No.xxxxx-2010 granted to PANZHIHUA YUANFEN TITANIUM INDUSTRY CO.,LTD.(“Borrower”) and for up to the aggregate amount of USD.5,000,000.00(United states dollars five million only).Available for payment against your tested telex or authenticated swift to us stating as follows:
“We hereby certify that the amount of such claims(s) represents and covers the unpaid indebtedness (inclusive of accrued interests,charges and other expense) due to us by PANZHIHUA YUANFENY TITANIUM INDUSTRY CO.,LTD.(“Borrower”) under the loan agreement No.xxxxx-2010.In respect of loan facility granted by us to the borrowers”
The selling rates of U.S.Dollar

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