Status Enquiries

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Private & Confidential Private & Confidential
Dear Sirs,
    The Colston Engineering Co., Ltd. have asked for a standing credit of $10,000, but as our knowledge of the company is limited to a few months' trading on an L/C basis, we should like to have some information about their financial and credit standing before dealing with their request.
    The only reference they give us is that of their banker, the National Bank of Nigeria, Ibadan. We shall be most grateful for any information you can obtain for us.

   Yours faithfully                       
The Bank of China                
Shanghai Branch                  
  Manager                                

Dear Sirs,
    We have
now received from the National Bank of Nigeria the information asked for in your letter of April 4. The company you mention is a private company run as a family concern by three brothers and was founded fifteen years ago. It enjoys a good reputation. As far as our information goes it is punctually meeting its commitments and a credit in the sum you mention would seem to be safe.

    This information is strictly confidential and is given without any responsibility on our part.

   Yours faithfully                     
Barminster Bank Ltd.                
    Manager