Persons entitled
- Byblos Bank Belgium S.A.
Amount secured
All monies due or to become due from the company to the chargee by virtue of the letter of credit facility granted by the bank to the company and in respect of which the bank has requested from the customer a 110% cash margin
Short particulars
Cash collateral deposit equivalent to 110% of the amount outstanding under the letter of credit facility granted by the bank to the company and in respect of which the company at the request of the bank has placed such cash margin as a security.