Our client ,the China National Import & Export Corp ., have asked us for information about the Auto Engineering Co.,Ltd. in lbadan ,Nigeria as the latter would request a standing credit of USD5,000 to start business .
We know the Auto Engineering Co.,Ltd ., but our knowledge of the company is limited to a few months trading with a firm in shanghai on an L/C basis .We should ,therefore ,like to know whether or not their financial and credit standing are sound so that we may respond to CNIEC .
The only reference as given by the Auto Engineering Co.,Ltd .is their banker ,the National Bank of Nigeria ,lbadan .We shall be most grateful for any information you can obtain for us
Yours sincerely
The Bank of China
Shanghai Branch
Manager
