Tuesday, May 5, 2015

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 Also, the procedure you saw on our website is outdated (old).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.

  1. 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).

  1. 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.

  1. 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.

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