OUR NO UPFRONT FEE, BANK TO BANK, PROCEDURE

FOR LEASE OR FOR PURCHASE OF BG OR OF SBLC


MT 799 BLOCKFUNDS OR ICBPOS PAYABLE AFTER VERIFICATION OF OUR MT760 FROM ANY OF THE TOP BANKS OF THE WORLD.

 You send LOI. Neither RWA nor any Payment commitment is required from your Bank, but ATV is required with LOI. ATV means Authorization to Verify that you have BG cost 12% for Lease or 52+3 =55% for Purchase is available as Cash in your account or not.

  1. .We send Countersigned Contract after you send us ATV and LOI

  2. We do not send any RWA first. It will be Solicitaion and will be Illegal. You have to first send Collateral; i.e. You send BlockFunds MT799 or ICBPO for 9+3=12% in case of Lease or 52+3=55% in case of Purchase.

  3. Top Bank sends MT799 Pre-Advice

  4. Top Bank sends MT760 after receiving confirmation from your bank in response to our earlier Pre-Advice.

  5. You pay 9+3=12% (Lease Cost) OR 52+3=% (Purchase Cost) to Provider Bank by MT103 after Verification of ourMT760 and also pay commissions 3% to Intermediaries.

Description of Instrument:

 

1. Instrument:  BG, SBLC, FRESH CUT (FC), 100% CASH-BACKED, ON ICC STANDARD FORMAT LIKE ICC458 OR ICC758 OR ICC600

2 (A). MinimumFace Value:: 10 Million to xxxxxxxx in First Tranche with a BlockFunds MT760 or ICBPO required AND up to 50 Billion USD/Euro  in Tranches of 500 Million  USD/Euro each.

2. (B). Total Contract Amo XXXXXXXX Million Euro/Dollar; Euro/$X,000,000,000

Current Contract Amout: XXXXXXXX Million Euro/Dollar; Euro/$X,000,000,000

1st Trnache: XXXXXXXX Million Euro/Dollar; Euro/$xxx,000,000,

2nd Tranche: xxxxxxxx Million Euro/Dollar; Euro/$xxxx,000,000,

2 (C). Beneficiary:

3. Issuing Banks: Credit Suisse, Geneva, Barclays Bank, London, HSBC Bank, Germany,  London, Duetsch  Bank, Zurich, and JP MORGAN CHASE BANK, LONDON;

(Please choose any one of these 5 Banks, if necessary. Otherwise, we will choose for you.)

4. Age:  One Year and One Day

5. Leasing Price:9%+ 3% commission, making it 12% of the BG Face Value

6. Delivery: {Bank-To-Bank Swift}

7. Payment: MT103

8. Hard Copy: Bonded Courier Service {within three banking days}

 

TRANSACTION PROCEDURES

 

1) 

(A) LESSEE SUBMITS TO LESSOR THISSIGNED AGREEMENT,TOGETHER WITH CLIENT INFORMATION SHEET,CORPORATE BOARD RESOLUTION, NON-SOLICITATION LETTER, SIGNATORY'S PASSPORT COPY, CORPORATE REGISTRATIONANDTHEIRREVOCABLE MASTER FEE PROTECTION AGREEMENT. 

 

2)

(A) AFTER COMPLETING DUE DILIGENCE, LESSOR COUNTERSIGNS THIS AGREEMENT AND IT THUS BECOMES A FULL RECOURSE COMMERCIAL CONTRACT AND RETURNS IT TO LESSEE, ALONG WITH LESSOR’SFULL BANKING COORDINATES.

3)

WITHIN THREE (3) BANKING DAYS AFTER SIGNING AND LODGING OF THIS AGREEMENT, LESSEE SHALL ISSUE BLOCKED FUND OR ICBPO OR PN OR VIA SWIFT MT-760(AS PER "APPENDIX A") OR MT103.23 TO LESSOR’S DESIGNATED RECEIVING BANK.

4)

(A)WITHIN THREE (3) BANKING DAYS AFTER RECEIPT AND CONFIRMATION OF THE BLOCKED FUND VIA MT-760 OR ICBPO OR MT103.23,LESSOR SHALL ISSUE A PRE-ADVICE VIA SWIFT MT-799 (AS PER "APPENDIX B").

(B) IN CASE IF ANY LESSEE WANTS BANK TO BANK CONFIRMATION ABOUT ISSUANCE OF MT799 PRE-ADVICE, HE SHOULD REQUEST PROVIDER TO PROVIDE VERBIAGE FOR SENDING MT199 TO HIS BANK. THEN CLIENT CAN SEND THAT MT199 TO PROVIDER BANK FOR SUCH CONFIRMATION. PROVIDER BANK WILL REPLY BY MT199 VERBIAGE THAT IF MT760 BLOCKFUNDS OR ICBPO OR PROMISSORY NOTE OR MT103.23 IS RECEIVED FROM LESSEE BANK, MT799 PRE-ADVICE WILL BE SENT IN REPLY TO ICBPO OR BLOCKFUNDS MT760 OR PN OR MT103.23 THROUGH THE ISSUING TOP BANK. Lessee sends  MT199 to Provider bank that Lessee is ready to send ICBPO, if and provided that Provider bank confirms to send Pre-Advice MT799 and MT760 from the Issuing Bank. What you send as MT199 to Provider bank, it is a kind of your Pre-Advice to the Provider bank that you are ready to send ICBPO or MT760 Blockfunds etc., if Provider bank confirms to arrange MT799 Pre-Advice followed by MT760 THROUGH THE Top Issuing Bank after your ICBPO or MT760 Blockfunds etc.

©CLIENT VERIAGES OF MT760 BLOCKFUNDS OR ICBPO OR PROMISSORY NOTE ARE NOT ACCEPTABLE. ONLY OUR VERBIAGES AS GIVEN IN IN VARIOUS APPENDICES OF THIS DOA WILL BE ACCEPTABLE.

(D) ALL THESE PAYMENT DOCUMENTS, ICBPO, BLOCKFUND POF, PROMISSORY NOTE HAVE TO BE SENT BY MT760 FOR 90 DAYS VALIDITY, BUT VALIDITY WILL AUTOMATICALLY EXPIRE AT THE COMPLETION OF THE TRANSACTION, I.E. BY THE PAYMENT OF THE BG/SBLC COST PAYMENT. MOREOVER, THEY WILL ALL EXPIRE AUTOMATICALLY IF MT799 PRE-ADVICE BY THE ISSUING BANK IS NOT SENT WITHIN 10 BANKING DAYS.

5)

WITHIN THREE (3) BANKING DAYS OF RECEIPTOF THE CONFIRMATION OF THE ABOVE MT-799 PRE-ADVICE, LESSOR’S ISSUING BANK THEN ISSUES THE BANK GUARANTEE (BG) VIA SWIFT MT-760 (AS PER "APPENDIX C") TO LESSEES DESIGNATED BANK RECEIVING ACCOUNT. LESSOR SHALL PROVIDE A SCANNED COLOR COPY OF SAID MT-760 TO LESSEE’S EMAIL ADDRESS FOR TRACING.

6)

WITHIN FIVE (5) BANKING DAYS AFTER CONFIRMATION OF THE ABOVEMT-760BANK GUARANTEE (BG), LESSEE'SPAYING BANK SHALL RELEASE THE AGREED FUNDS TO LESSOR’S DESIGNATED BANK ACCOUNT, AND SIMULTANEOUSLY LESSEE PAYS DIRECTLY WIRE TRANSFER THROUGH THE RELEASE FUND OF MT-103 WITH THE CONSULTING FEES PER EACH FINANCING TO THE CONSULTANTS AS PER THE RELEVANT IRREVOCABLE MASTER FEE PROTECTION AGREEMENT.

7)

WITHIN SEVEN (7) BANKING DAYS OF RECEIPT OF AGREED PAYMENTS, LESSOR’S BANK SHALL SEND THE BG HARD COPY ORIGINAL TO LESSEE’S DESIGNATED BANK RECEIVING ACCOUNT BY BANKBONDED COURIER.

8)

ANY UNAUTHORIZED BANK CALLS, PROBES OR COMMUNICATIONS, OR AN IMPROPER SOLICITATION ORDISCLOSURE INVOLVING ANY OF THE BANKS CONCERNED IN THIS TRANSACTION WILL RESULT IN IMMEDIATE CANCELLATION OF THIS TRANSACTION AND SUBJECT THE VIOLATING PARTY TO DAMAGES.

DOWNLOAD FOLLOWING DOCUMENTS

() 1 AUTHORIZATION TO VERIFY FUNDS.doc () 1 AUTHORIZATION TO VERIFY FUNDS.doc
Size : 28.5 Kb
Type : doc
() 1 DRAFT LETTER TO VERIFY FUNDS.docx () 1 DRAFT LETTER TO VERIFY FUNDS.docx
Size : 14.679 Kb
Type : docx
() BANK TO BANK CONFIRMATION PROCEDURE.pdf () BANK TO BANK CONFIRMATION PROCEDURE.pdf
Size : 214.962 Kb
Type : pdf
() SANITIZED SBLC SWIFT MT760 -Cop.pdf () SANITIZED SBLC SWIFT MT760 -Cop.pdf
Size : 110.232 Kb
Type : pdf
()PDF Sanitized Pre-Advice swift - mt779.pdf ()PDF Sanitized Pre-Advice swift - mt779.pdf
Size : 52.391 Kb
Type : pdf