LEASING COMFORTABLE PROCEDURE DLC /SB LC/BG

LEASING COMFORTABLE PROCEDURE DLC /SB LC/BG

 Please specify the type of instrument you are looking for: BG or SBLC.

 Minimum face value is usd/Euro 1 million and no maximum as long as client can provide pof/collateral for the requested instrument.

 Also, the procedure you saw on our website is outdated (old). Below are the requirements, protocol to secure a bank instrument.

 Will this instrument be cash-backed or documentary?  Carefully read and understand the content of this email and respond accordingly.

 We can provide Fresh-cut, cash-backed instruments (BG – bank guarantee, SBLC – Standby letter of credit) Documentary letter of credit, POF – proof of funds or loan for your project or business.

 These bank instruments can be used to finance commercial real estate transactions, qualify for credit enhancement, blocked funds; providing evidence of proof of funds requirements, leverage funding for large commercial projects, commodities transaction,  funding and participating inTRADING PLATFORMS and also used as collateral/guarantee to secure project loans or secure a line of credit from any bank.

 NOTE:

If you need project loan, you must have POF/collateral. If you do not have a collateral, yourONLY OPTION is to apply for a cash-backed bank instrument (BG or SBLC). Then you can use the bank instrument as a POF/collateral to secure the loan or the cash-backed bank instrument can be monetized to raise liquid cash for your project or business.

 MONETIZATION OF THE INSTRUMENTS(BG/SBLC):

These instruments can also be Traded by top ratedTRADING PLATFORMS or it can be monetized for the beneficiary for up to 80% or greater of LTV (Loan To Value ratio)  for a 40 week trade.

NOTE:    For monetization, you must have an account at the monetizing bank or an account can be opened for you at your request.

 POF/COLLATERAL REQUIREMENTS:  All clients must be able to provide pof/collateral for the instrument they need.. ICBPO is not accepted by the providers.

ACCEPTABLE POF/COLLATERAL ARE:

1. a)  At least 50% of the instrument face value for a purchaseand 100% of the leasing fee  for  a lease.
2. b)Blocked funds,
3. c) Client may be requested by the BG issuing bank to have an active account with their bank or be a shareholder at the bank.

ALTERNATIVE COLLATERAL ARRANGEMENT,

If (client/beneficiary) is not able to provide POF(proof of funds/Collateral) or to make the required deposit to the issuing bank, the client have the option to use the services of an intermediary company as a co-applicant.  This intermediary/co-applicant will provide the documentation and also provide the required POF/Collateral  on behalf of the client/beneficiary. However,  (the client) will be the sole beneficiary of the instrument

PROVIDERS AND LEASING FEES:

The providers are: Citibank N.A.( leasing fee = 4.2% of  instrument face value,), Standard Chartered bank( leasing fee = 5% of FV), CapitalOne bank, USA (leasing fee = 4% of instrument face value). JPMorgan Chase bank, USA (leasing fee = 4.1% of instrument face value).

PURCHASE PRICES:

=================

CITIBANK: 33+1%+ COMM.

CAPITALONE BANK USA: 30%+ COMMISSION.

JPMORGAN CHASE BANK USA: 31%+ COMMISSION.

SCB- STANDARD CHARTERED BANK: 35%+ COMMISSION

  

COMMISSION STRUCTURE:  Commission for intermediaries/agents is 1% to xx% as may be agreed, paid 50/50 to agents on buyer/lessee and seller/lessor sides equally.

    

If you are interested in our service or have serious and reliable interested clients, contact us for further details.

PROCEDURE [NOT NEGOTIABLE]:

Note:  This will be an FC. (Fresh cut) instruments which requires documentation, BG/SBLC application submission/processing and approval by the issuing bank. 

1. The LESSOR (PROVIDER) will send application form (MOU/Contract) to the LESSEE( BENEFICIARY). The LESSEE (BENEFICIARY)shall review the MOU/contract Agreement and If they are satisfied with the transaction procedure/requirements the client/lessee executes;sign/seal the MOU/contract agreement (ON COMPANY LETTER HEAD), attach a copy of signatory passport, company’s resolution andClient’s Information Sheet (CIS), business proposal/project and send back to the lessor.

2. Upon receipt of the client’s/lessee’s completed MOU/contract, the lessor/provider  will proceed to conduct their DD (Due Diligence and verification) of the  information contained in the MOU/Contract, signs and returns the signed MOU/Contract which automatically becomes a fullrecourse commercial contract and a copy sent to LESSEE (BENEFICIARY).

3. POF/COLLATERAL REQUIREMENTS ARE:

1. a)Client/lessee must have at least 50% of the instrument face value for a purchase and 100% of the leasing fee  for  a lease Or

1. b)Blocked funds Or  BCL (verifiable Bank confirmation letter showing funds

      availability).

1. c)Some banks may require the client/lessee/beneficiary to have an active

account at the issuing bank or to be a shareholder at the issuing bank.

4. The LESSEE/CLIENT/BENEFICIARY shall instruct his bank to issue/send  MT-199/799  to show their ability  to pay the leasing/purchase price/bank charges.

CLIENT/LESSEE/BENEFICIARY) is unable to provide a satisfactory POF/COLLATERAL via MT199 or MT799, then, depending on the instrument face value(amount), a security deposit of 0.5% of the instrument (bg or sblc) face

value would be required from LESSEE ( BENEFICIARY ) to be PAID DIRECTLY to the instrument issuing bank, before the transaction would proceed.   

  

ATTENTION:  The above payment must be made directly to the instrument  PROVIDER and NOT to any other party.  Also, the paid deposit shall be deducted from the instrument leasing/purchase price.

5      Upon receipt and confirmation of the requested initial deposit payment, LESSOR ( PROVIDER) will initiate a pre-advice (MT799) followed by the delivery of the instrument (MT760) and the hard copy of the BG(s) to LESSEE ( BENEFICIARY’S ) designated bank within Seven (7) bank working days.

                               

         NOTE:  ALTERNATIVELY,

 IF THE CLIENT/BENEFICIARY CANNOT MEET THE ABOVE POF/COLLATERAL  REQUIREMENTS, THEY HAVE THE OPTION TO USE AN INTERMEDIARY/COLLATERAL PROVIDER WHO CAN PROVIDE THE POF/COLLATERAL REQUIREMENT FOR THE REQUESTED INSTRUMENT (BG/SBLC) ON  BEHALF OF THE CLIENT.  THIS CO-APPLICANT WILL ALSO COORDINATE THE TRANSACTION ON BEHALF OF THE CLIENT/BENEFICIARY.

             TRANSACTION TIME LINE:

            The transaction will take approximately 5 to 10 banking days (excluding weekends). And this time line  

            depends on the client’s compliance with the provider’s requirements.      

 *Have A Nice Day

Thanking You
With Best Warm Regards
APEX TRADING GROUP, India / UK / USA
B.S.BHANDARI
+91 8652524533 ( India )
bigbondb@gmail.com
SKYPE: bhandari777
WIZTON Talk: bhandari777
YAHOO / Gtalk: bigbondb

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Note: We are providing – All types Financial Instruments ( BG /SB LC,CD,
POF, All types project Loan, Discounting servicess.