29/10/2016
Dear Investors/Instrument seekers
If anyone interested for Leased or Fresh cut SBLC/BG from top banks pls go through our procedures listed below. we do not charge any upfront fees. But minimum slab of SBLC/BG is 500 Million USD/Euro.
For leased SBLC/BG rate is - 6%+2%
For Fresh cut SBLC/BG rate is- 38%+2%
PROCEDURES-
PROCEDURES for Purchase & Lease SBLC/BG - Readiness Letter/Payment Undertaking
1. Receiver sends to Provider a Letter of Readiness from his Receiving Bank confirming that the Receiver has met requirement for the Bank to issue Irrevocable Bank MT799 PAYMENT UNDERTAKING (CONDITIONAL)) on behalf of Receiver.
(See below Readiness Letter verbiage)
2. Provider and Receiver sign the Deed of Agreement, which thereby automatically becomes a full recourse commercial contract after the Provider has accepted Receiver’s application.
3. Receiver issues conditional MT799 PAYMENT UNDERTAKING (CONDITIONAL) for 38% of Full Face Value (6% of Full Face Value - In case of Lease) + 2% commission.
(See below MT 799 Payment Undertaking verbiage)
4. Within Three banking days afterMT799 PAYMENT UNDERTAKING (CONDITIONAL) is confirmed by Providers Bank; Provider Bank will send MT799 Pre-Advice to Receivers Bank and the BG/SBLC by MT-760.
5. The Receiver’s bank receives, confirms and verifies the MT760 (BG/SBLC);The Receiver's Bank then releases the MT799 PAYMENT UNDERTAKING (CONDITIONAL) for the benefit of the Provider within two banking days.
Provider then pays the respect 1% commission on seller’s side and the 1% commission of Receivers side to the respective brokers/agents.
(Should Receiver default to release the MT799 PAYMENT UNDERTAKING (CONDITIONAL) within two banking days after receipt of Swift MT-760, Provider shall instruct the issuing bank to put a claim on the BG/SBLC thereby forcing the Receiver's bankers to return the swift MT-760 (BG/SBLC) to the issuing Bank.)
6. Within Seven banking days after receiving all fees; Hard copy will be sent to Receiver bank by bank-bonded courier.
7. This Deed of Agreement is a full recourse commercial commitment governed by the Law of the jurisdiction that both parties reside and standards under ICC Regulation.
For more details pls contact me
Thanks and Regards
Abdul Dayan
skype- abduldayanmian
