example of "LETTER OF STATEMENT" from funder

LETTER OF STATEMENT I, …..(name of funder)…..herein to secure and confirm to ….(name of user)… as the beneficiary of the Bank Guarantee to receive US$ 1,000,000/ for local and international bank to do the swift, full and clean Europe Clear of the Bank Guarantee. This US$ 1,000,000/ will be divided by 2 banks of each US$ 500,000/ and this amount of cash is received in good faith and on the term and condition that it is non returnable or non refundable, as per agreed in the MOU contract. This US$ 1,000,000/ will be received by ….(name of funder)… and …(name of user)… before transfer to the joint account after Bank to Bank Swift (5 banking days). This letter is issued and initial by ….(name of funder)… to ensure as a proof to …(name of user)… that it nothing but the truth, that the money will use to process the full and clean Europe Bank Guarantee for our Funding Bank. Thank you Yours sincerely date Name Of Funder…. Full title