PROCEDURE TO GET MT799 RWA FIRST FROM PROVIDER.pdf
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Type : pdf() Bank Clearance Letter Required for BG-SBLC-40 (Purchase or 6 (Lease) plus 2 plus.docx
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Type : docxADDITIONAL 2 PERCENT AGREEMENT.docx
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Type : docx BG OR SBLC PROCEDURE SIMPLIFIED:PROVIDER MOVES FIRST WITH MT799 RWAIF YOU SEND FIRST BANK CLEARANCE LETTER by email Please do not suggest us your new ideas or your desired Procedure. It will be just waste of time. No Issuing bank moves as per Buyer requirements. If Buyer is ready to accept our No Upfront Fee Procedure we can move ahead. We have to follow what Issuing bank requires, not how Buyer or Lessee wants it.

 

PROVIDER HAS SIMPLIFIED THE PROCEDURE. HE REQUIRES ONLY ONE DOCUMENT TO SEND YOU DOA AFTER CONDUCTING HIS DD ABOUT THE CLIENT WITH YOUR BANK CLEARANCE LETTER. IT DOES NOT REQUIRE ANY CONFIDENTIAL INFORMATION OR EVEN  FIGURE OF YOUR BG/SBLC FACE VALUE AMOUNT. IT ONLY WANT A PROMISE THAT YOUR BANK IS READY TO SEND PU AFTER RECEIVING MT799 RWA FROM THE PROVIDER.

  

 

Any Formal Bank letter is not required by the Provider now. He wants it later through  MT799. Now he wants a copy by mail, if the bank can issue such a Clearance Letter to its own client. If a bank cannot issue such a letter to its own client for any reason, how can it issue later to the Provider?
There is no banking law that prohibits any bank to issue such a letter to its own client.

This Letter is not required to be addressed to the Provider. It is to be addressed to the client by his own bank. It requires only 1 matters to confirm. It simply wants a promise by the client bank that when Provider will send MT799 RWA, your batnk will send Payment Undertaking by MT799 to get MT760 from us.

  

 

Please note that if you have any demands regarding information about the Provider and his Bank etc. these will be fulfilled later in his countersigned DOA at a later stage.

  First Provider wants to conduct DD on the client to decide about sending MT799 First to him. He wants some information first with the help of Bank Letter, as he has to pay Transmission charges First by himself and take the risk of sending MT799 First to genuine clients only.
He will send complete LOI and later MT799 Pre-Advice, if client passes this premilinary test first. He wants to know client is genuine or not. Then he will do every thing.
Also please note that price has been revised for Lease as 8+2+2%. For Purchase, it will be 40+2+2. LOI wil be for An additional 2% IMFPA will be required in both cases.  

 

hhtp://www.bg-sblc.com/GET-MT799-RWA-FIRST-FROM-ISSUING-BANK-PROCEDURE.php 

http://www.pakmarineltd.com/bg-procedure-for-mt799-rwa-first-from-issuing-bank.php

 

 

  

 

 

Kind Regards,

Hussain Khan, M. A., Tokyo

Skype ID:hkhanjp

Business Websites: 

www.bg-sblc.com and http://pakmarineltd.com/

You can find out further information about me, about my  published articles, books, speeches and other writiings and speeches in Japanese, English and Urdu by putting my name, “HUSSAIN KHAN, TOKYO”, in Google, or YouTube orAmazon or Linkedin Search Engines 

http://www.dawahislamia.com/ 

http://www.dawahislamia.com/complete-para30-with-detailed-japanese-explanation.php 

 

 

FOLLOWING CONDITIONAL BANK CLEARANCE LETTER REQUIRED FIRST FROM CLIENT TO GET MT799 RWA FIRST FROM PROVIDER

CURRENT Self Addressed RWA For Client:

============ 

Bank Letter Head

 

(SAMPLE BANK CLEARANCE AND APPROVAL LETTER TO BE ADDRESSED TO THE CLIENT

BANK CAN USE THEIR OWN VERBIAGE BUT THE ESSENCE OF WHAT IS NEEDED HAS TO REMAIN)

  

Account Holder: .

Account Holders Address: .

 

We, ..... (Bank's Name, Address, City and Country) ....., do hereby confirm that we are aware of your transaction and our institution with full banking responsibility will respond to a confirmed SWIFT MT799 RWA with a Bank Payment Undertaking via SWIFT MT-799 for the sum required in the contract within 3 banking days of confirmed SWIFT MT799 RWA to us. We attach our approved verbiage / confirm have read and approved the required verbiage as detailed in Annex "A" below. We stand ready for your further instructions.

 

For and on Behalf of ..... ( Bank's Name) .....,

BANK OFFICER NAME:

TITLE:

TELEPNONE NUMBER:

 

===========

If Buyer can explicitly work with above procedure and issue bank letter in above format, we will advise LOI followed by DOA if client is acceptable.

 

SAMPLE “EXHIBIT A”

SAMPLE BPU / MT799 PAYMENT UNDERTAKING (CONDITIONAL)

(Text may vary in substance but the essential undertaking must be maintained)

 

FROM

BANK NAME: 

BANK ADDRESS:

BANK TEL:

BANK FAX:

BENK OFFICER NAME: 

SWIFT CODE: 

ACCOUNT NAME: 

ACCOUNT NO: 

TO

BANK NAME: 

BANK ADDRESS:

BANK TEL:

BANK FAX:

BENK OFFICER NAME: 

SWIFT CODE: 

ACCOUNT NAME: 

ACCOUNT NO:

 

TRANSACTION CODE:

BG/SBLC NO:

CURRENCY:

AMOUNT:

ISSUING DATE:

MATURITY DATE:

 

AT THE REQUEST OF OUR CLIENT: <RECIEVERS NAME> FOR THE BENEFIT OF: <SENDERS NAME>, WE, <BANK NAME>, HEREBY IRREVOCABLY CONFIRM THAT WE ARE PREPARED TO UNDERTAKE THE FOLLOWING:

 

1. TO RECEIVE, VIA SWIFT MT760 INTO OUR CLIENT’S ACCOUNT, <RECEIVERS ACCOUNT>CASH-BACKED, ASSIGNABLE, TRANSFERABLE, DIVISIBLE AND UNCONDITIONAL BANK GUARANTEE /STANDBY LETTER OF CREDIT (“XXXM USD/EURO”); AND,

 

  1. TO SWIFT TRANSFER A PRINCIPAL AMOUNT <38% OF VALUE OF BG/SBLC AMOUNT) XXXX MILLION EURO/USD PLUS 3% FEES FOR CONSULTANTS at respective accounts>WITHIN THREE (3) INTERNATIONAL BANKING DAYS TO THE BELOW-LISTED ACCOUNT AFTER SUCCESSFULLY RECEIVING AND AUTHENTICATING THE (“XXXM USD/EURO”); BANK GUARANTEE/STANDBY LETTER OF CREDIT DELIVERED VIA SWIFT MT760 TO OUR CLIENT’S ABOVE ACCOUNT.

 

BANK NAME:               

ACCOUNT NUMBER:    

ACCOUNT NAME:        

SWIFT CODE:              

WE, HEREBY CONFIRM THAT THE <(8% OF VALUE OF BG/SBLC AMOUNT) XXXX MILLION EURO/USD? ARE GOOD, CLEAN AND CLEARED FUNDS DERIVED FROM A LEGAL SOURCE.

 

For and on behalf of:

 ISSUING BANK

 ISSUING BANK ADDRESS

BANK OFFICER 1                                                                                                      BANK OFFICER 2

TITLE (PIN)                                                                                                              TITLE (PIN)

 

Send mail to: hk@towardsquran.com and hussaintokyo5@gmail.com, Sereno A-1; Kitano 4-9-1, Mitaka-Shi, Tokyo 181-0003; Skype ID: hkhanjp, JP | 81-9033566207

Send mail to: hk@towardsquran.com and hussaintokyo5@gmail.com, Sereno A-1; Kitano 4-9-1, Mitaka-Shi, Tokyo 181-0003; Skype ID: hkhanjp, JP | 81-7046095700