ABC Private Ltd. Company approach a bank to import a live vessel from Cayman Islands with the value of 40 million USD and requested to Principal branch of that bank to sent a proposal in same day as the board meeting will be held just next day. Before receiving the request one high official of that bank, know to very close with chainman of that bank, requested the branch manager to sent the proposal to head office. Next day, just after the board meeting bank received a sanction letter from the Head office and accordingly branch open the LC of 40 million USD to import the vessel with payment condition of 5 million USD advance payment against Advance Payment Guarantee (APG) and rest amount against clean document. In 10 days of making advance payment bank received the shipping documents and made payment on same day as per the instruction of the head office. Currently bank branch is pursuing bill of entry of the imported vessel and approached to customer directly they cannot trace the importer.