--0000000000003069370643827bfa Content-Type: multipart/alternative; boundary="0000000000003069360643827bf9" --0000000000003069360643827bf9 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable I will reach out to Katia Dragan to confirm whether the language change proposed by the bank will be acceptable. On Thu, Nov 13, 2025 at 3:40=E2=80=AFPM Amanda Fults wrote: > @Sean Cygan Please reach out to the contact for the > application first to confirm whether the language change proposed by the > bank will be acceptable before we instruct the bank to begin the KYC > process. That process will take considerably longer to complete, and I=E2= =80=99d > prefer not to have the bank start it unnecessarily if the letter with the > revised language can be submitted and accepted as is. > > On Thu, Nov 13, 2025 at 4:42=E2=80=AFPM Sean Cygan wr= ote: > >> Hi Dylan, >> >> I haven't reached out to them for an answer yet. But reviewing their >> request it needs to be the following. >> >> *Per the ministry template >> , >> the first paragraph must be replaced with the following: * >> >> - WE, JPMORGAN CHASE BANK, N.A., TORONTO BRANCH, ATTN: STANDBY LETTER >> OF CREDIT UNIT, SUITE 4500, TD BANK TOWER, 66 WELLINGTON STREET WEST, >> TORONTO, ONTARIO M5K 1 E7, CANADA (EITHER "WE" OR THE "BANK") HEREBY = ISSUE >> TO AND IN YOUR FAVOUR OUR IRREVOCABLE STANDBY LETTER OF CREDIT* FOR >> THE ACCOUNT OF ARYA HEALTHY LIVING INC.* 375 UNIVERSITY AVENUE EAST, >> UNIT 104, WATERLOO, ONTARIO, N2K 3M7 (THE "CUSTOMER") FOR AN AMOUNT N= OT TO >> EXCEED CAD 25,000.00 (CANADIAN TWENTY-FIVE THOUSAND AND 00/100 DOLLAR= S) IN >> LAWFUL MONEY OF CANADA. >> >> I think the best thing to do is request the letter from our bank as >> Ontario requested. I will let them know that the letter has been >> requested from our bank with the language they are requesting and it >> will take a few weeks for us to receive it. >> >> Sean >> >> On Thu, Nov 13, 2025 at 1:43=E2=80=AFPM Sean Cygan w= rote: >> >>> Hi Dylan, >>> >>> Let me reach out to them for an answer. >>> >>> Sean >>> >>> On Thu, Nov 13, 2025 at 11:41=E2=80=AFAM Dylan Hodson >>> wrote: >>> >>>> Hi Sean, >>>> >>>> We are running into a roadblock with JP Morgan. Arya Healthy Living ha= s >>>> not been KYC'd with the bank, which often can take 4-6 weeks to comple= te. >>>> >>>> They are asking if the below alternative language would be sufficient >>>> as it could be processed quicker and not require the full KYC process.= Can >>>> you advise? >>>> >>>> Hi Dylan =E2=80=93 Is it possible to keep the highlighted language as = is? If >>>> we remove the =E2=80=9CFOR THE ACCOUNT HCA HOME CARE=E2=80=A6=E2=80=9D= , we will need to complete >>>> KYC for Arya Healthy Living, Inc. This language does not change any >>>> dynamics of the Letter of Credit, it=E2=80=99s just a matter of where = the >>>> Obligation sits, so they shouldn=E2=80=99t have an issue with keeping = it. >>>> >>>> >>>> >>>> >>>> >>>> *FOR THE ACCOUNT HCA HO