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A Bank Letter of Comfort is commonly used in Pakistani business transactions where a party seeks assurance about another party's financial standing without requiring a formal guarantee. This document, while governed by Pakistani banking and contract laws, provides a middle-ground solution between having no formal assurance and a bank guarantee. The Letter of Comfort typically outlines the bank's relationship with its customer, makes statements about the customer's financial standing, and may include general observations about the customer's ability to meet financial obligations. It's particularly useful in international trade, project financing, or business relationships where complete due diligence is required. However, it's important to note that under Pakistani law, these letters are generally not legally binding commitments but rather statements of comfort or opinion from the issuing bank.

1. Bank Details and Letterhead: Official letterhead with bank's name, branch, and contact information

2. Reference Number and Date: Unique reference number and date of issuance

3. Recipient Details: Full name and address of the party receiving the letter of comfort

4. Subject Line: Clear identification of the purpose and the party for whom comfort is being provided

5. Customer Identification: Details of the customer/company for whom the letter is being issued

6. Relationship Statement: Description of the banking relationship with the customer, including duration and nature

7. Financial Standing: General statement about the customer's financial standing and banking history

8. Comfort Statement: The actual comfort language expressing the bank's position regarding the customer's ability to meet obligations

9. Liability Limitation: Clear statement that the letter is not a guarantee and limiting the bank's liability

10. Validity Period: Statement of how long the letter of comfort remains valid

11. Authorized Signatory: Name, title, and signature of authorized bank official