This No Upfront Fee, Bank to Bank procedure is possible if your Bank agrees to send

1. BCL or POF along with LOI by email is necessary at first. It should be on Bank Letterhead signed by 2 Bank Officers showing capability of the client to pay BG cost.    

2. Client has to initiate same BCL or POF by MT799 first after we sign Contract.

3. We would never initiate any RWA MT799 first.

Please note that if you want to send POF Bank to Bank, we can provide you Bank Coordinates of the Provider. But this information will be provided to serious clients only. We have no way to find the seriousness of any client except through his Bank letter. Please send us a Bank Letter requesting our Provider’s Banking information. This is in case if you do not want to send POF by email long with your DOA.

WE MONETIZE PRIMARY OR TOP 25 BANKS INSTRUMENTS ONLY ON 60% TO 70% LTV

http://www.bg-sblc.com/monetization-of-primary-banks-instruments.php

Contact if interested.

Kind Regards,
Hussain Khan, M. A., Tokyo
hussaintokyo5@gmail.com
Skype ID: hkhanjp
Business Websites:
www.bg-sblc.com
http://www.bg-sblc.com/3-conditions-for-no-upfront-bank-to-bank-procedure.php

080-86336905

If you are having difficulty with your current Provider or if you do not know any Provider, we can do it through Barclays if you can send POF or BCL for 10% twice, once with DOA by email and again send the same POF or BCL through MT799 after we sign Contract as per attached DOA.

 Or If you want to do it by paying Advance Transmission Fee of minimum 50,000 dollar or Euro or 0.0125% of face value of your required BG, see the Procedure on the following link.
 http://www.bg-sblc.com/NEW-10M-UPWARD-SBLC-AGAINST-50K-ADVANCE.php

Both Procedure DOAs are attached above.

We have No Upfront Fee Procedure available. Procedure and Prices are all non-negotiable. Accept or reject them as it is.

Please note that asking Provider for any Procedure to initiate RWA Swift by MT 199 or by MT799 first cannot be accepted by any Provider in the world. It will be Solicitation and therefore illegal for the Provider to initiate MT799 Pre-Advice or any document first. Client has to move first with POF or BCL through email and then by MT799 first.

 We can do it through Barclays if you can send POF or BCL for 10% twice, once with DOA by email and again send the same POF or BCL through MT799 after we sign Contract as per attached DOA.

Please note that if you want to send POF Bank to Bank, we can provide you Bank Coordinates of the Provider. But this information will be provided to serious clients only. We have no way to find the seriousness of any client except through his Bank letter. Please send us a Bank Letter requesting our Providers Banking information. This is in case if you do not want to send POF by email long with your DOA.

 Now we have an Indonesian-Barclays Provider who uses his own money 2 Billion dollar Gold Deposit with Barclays as collateral for all 100% cash-backed BGs issued through him. My Malaysian Partner is his Mandate and direct with him. I have drafted all his DOAs as attached above. He has got my DOA-drafts approved by Barclays.

Now we have an Indonesian-Barclays Provider who uses his own money 2-Billion dollar Gold Deposit with Barclays as collateral for all 100% cash-backed BGs issued through him. My Malaysian Partner is his Mandate and direct with him. I have drafted all his DOAs as attached above. He has got my DOA-drafts approved by Barclays.

If you want any point in above DOAs to be clarified further, I can call you by phone or chat on Skype or you can call me direct on 81-8088366905.

Basically, there is nothing much to discuss about in a Bank-to-Bank, No Upfront Fee Procedure. If you can send DOA with your Bank POF or BCL on its Letter pad, we will send you Barclays-approved and Provider-signed DOA to proceed as per its procedure further.

Please do not waste your time in making any alternate suggestions for any changes in this Procedure. This is a non-negotiable Procedure.

Also please note that No Provider can accept any client-suggested procedure. Please follow our Procedure as it is.

Provider can never initiate any MT799 or MT199 first. It will be Solicitation and is illegal for Provider to initiate any MT799 or MT199.

    You send POF copy by email with our attached LOI. Provider countersigns DOA. You send same POF or BCL by MT799. Provider sends Pre-advice by MT799, price 10+3 for Lease or 48+3 for Purchase.

If you have any difficulty in following above

http://www.bg-sblc.com/NEW-10M-UPWARD-SBLC-AGAINST-50K-ADVANCE.php

We can even monetize it at LTV 60%-70%, if required. For details, please click below.

http://www.bg-sblc.com/monetization-of-primary-banks-instruments.php

 Kind Regards,

Hussain Khan, M. A., Tokyo

Skype ID:hkhanjp

Business Websites:

www.bg-sblc.com

Any authentic bank document is OK. Suppose you are a Provider. You cannot blindly sign all LOIs that come to you, You have to know the capability of the client before signing any Contract with him.

Secondly we require a proof from client bank (POF)that it is ready to send POF by MT799, if Provider countersigns Contract and provides his banking information in that Contract. Client capability and bank commitment to send POF by MT799 are required in bank document or BCL.

PROCEDURES:

1)Provider is an Asset Owner with Barclays Bank London based on Gold Certificate, SKR and Certificate of Ownership 2016 for a deposit of 4,500 kg of Gold (statement of account is provided by Barclays Bank on annual basis at the end of every year).

 2) The current market value of assets is approximately Euro 2.8 Billion and owner can arrange and issue the instrument from US$/Euro 10Million to US$/Euro 1Billion

 3) Asset owner only provide bank instruments BG/SBLC against his assets in Barclays Bank as a collateral but he is not selling or moving the assets from its current location.

 4)The Purchase Price of the BG/SBLC is 48+3% and Lease Price is 10+3%

 POF/BCL PROCEDURE

 RECEIVER SENDS TO PROVIDER COMPLETELY FILLED AND SIGNED THIS LOI  AND CIS ALONG WITH ALL POSSIBLE BANK EVIDENCE SUCH AS MONTHLY ACCOUNT STATEMENT, OR ACCOUNT CONFIRMATION LETTER OR BCL ON BANK LETTERHEAD SIGNED BY TWO BANK OFFICERS REQUIRED FOR DD

 ONCE DD IS SUCCESSFUL, PROVIDER AND RECEIVER SIGN THE DEED OF AGREEMENT WHICH THEREBY AUTOMATICALLY BECOMES A FULL RECOURSE COMMERCIAL CONTRACT, DEED OF AGREEMENT, AFTER RECEIVER’S APPLICATION HAS BEEN ACCEPTED BY THE PROVIDER.

 WITHIN THREE BANKING DAYS RECEIVER ISSUES POF VIA 799 TO PROVIDER ASSIGNED BANK AND SENDS SWIFT COPY FOR PROVIDER TRACING.

 WITHIN THREE BANKING DAYS AFTER MT799 POF IS CONFIRMED BY PROVIDER’S BANK; PROVIDER ISSUING BANK WILL SEND MT799 PRE-ADVICE TO RECEIVER’S BANK AND SEND SWIFT COPY FOR RECEIVER TRACING

 WITHIN THREE BANKING DAYS AFTER MT799 PRE-ADVICE IS CONFIRMED BY RECEIVERS BANK; RECEIVER ISSUE THROUGH MT799 BANK PAYMENT UNDERTAKING (BPU) FOR 10% INCASE OF LEASE OR 48% IN CASE OF PURCHASE OF FULL FACE VALUE + 3% COMMISSION.

 WITHIN THREE BANKING DAYS AFTER MT799 BANK PAYMENT UNDERTAKING (BPU) IS CONFIRMED BY PROVIDERS BANK; PROVIDER ISSUING BANK WILL SEND THE BG/SBLC BY MT-760 TO RECEIVERS BANK AND SEND SWIFT COPY FOR RECEIVER TRACING.

 THE RECEIVER’S BANK RECEIVES, CONFIRMS AND VERIFIES THE MT760 (BG/SBLC);THE RECEIVER'S BANK THEN RELEASES (BPU) PAYMENT UNDERTAKING BY MT103 FOR THE BENEFIT OF THE PROVIDER AND THE INTERMEDIARIES WITHIN 7 TO 10 BANKING DAYS.

 SHOULD RECEIVER DEFAULT TO RELEASE BANK PAYMENT UNDERTAKING (BPU) WITHIN SEVEN TO TEN 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.)

 WITHIN SEVEN BANKING DAYS AFTER RECEIVING ALL FEES; HARD COPY WILL BE SENT TO RECEIVER BANK BY BANK-BONDED COURIER.

 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 REGULATIONS.

 DESCRIPTION OF INSTRUMENT

1. INSTRUMENT TYPE

 STANDBY LETTER OF CREDIT (SBLC)

 2. TOTAL FACE VALUE

 USD XXX,000,000.00 (XXXXX MILLION UNITED STATES DOLLAR))

 3. ISSUING BANK

 BARCLAYS BANK PLC, LONDON,  3 / 20 UNITED KINGDOM

 4. LEASE FEE

 10% OF FULL FACE VALUE + 3% COMMISSION TO BE SHARED

 AS SPECIFIED IN THE IMFPA HERE BELOW.

5. PAYMENT

 BY UNCONDITIONAL SWIFT MT103 / BANK WIRE TRANSFER

6. HARD COPY

 BY BANK BONDED COURIER WITHIN 7 BANKING DAYS.

 PROOF OF FUND /BANK COMFORT LETTER PROCEDURE

  1. RECEIVER SENDS TO PROVIDER COMPLETELY FILLED AND SIGNED THIS LOI/DOA  WITH CLIENT INFORMATION SHEET (CIS) ALONG WITH ALL POSSIBLE BANK EVIDENCE SUCH AS LATEST MONTHLY BANK ACCOUNT STATEMENT OR ACCOUNT CONFIRMATION LETTER OR BCL ON BANK LETTERHEAD SIGNED BY TWO BANK OFFICERS REQUIRED FOR DUE DILIGENT. 
  2. ONCE DUE DILIGENT IS SUCCESSFUL AND RECEIVER’S APPLICATION HAS BEEN ACCEPTED BY PROVIDER THEN PROVIDER AND RECEIVER SIGN THE DEED OF AGREEMENT WHICH THEREBY AUTOMATICALLY BECOMES A FULL RECOURSE COMMERCIAL CONTRACT.
  3. WITHIN THREE BANKING DAYS RECEIVER ISSUES PROOF OF FUND VIA MT799 TO PROVIDER ‘S BANK.  WITHIN THREE BANKING DAYS AFTER MT799 POF IS CONFIRMED BY PROVIDER’S BANK; PROVIDER ISSUING BANK WILL SEND MT799 PRE-ADVICE TO RECEIVER’S BANK AND SEND SWIFT COPY FOR RECEIVER TRACING.
  4. WITHIN THREE BANKING DAYS AFTER MT799 PRE-ADVICE IS CONFIRMED BY RECEIVERS BANK; RECEIVER ISSUE THROUGH MT799 BANK PAYMENT UNDERTAKING (BPU) FOR 10% OF FULL FACE VALUE + 3% BROKERS COMMISSION.
  5. WITHIN THREE BANKING DAYS AFTER MT799 BANK PAYMENT UNDERTAKING (BPU) IS CONFIRMED BY PROVIDERS BANK; PROVIDER ISSUING BANK WILL SEND THE SBLC BY MT760 TO RECEIVERS BANK AND SEND SWIFT COPY FOR RECEIVER TRACING.
  6. THE RECEIVER’S BANK RECEIVES, CONFIRMS AND VERIFIES THE MT760 (SBLC).THE RECEIVER'S BANK THEN RELEASES (BPU) PAYMENT UNDERTAKING BY MT103 FOR THE BENEFIT OF THE PROVIDER AND THE INTERMEDIARIES WITHIN SEVEN (7) BANKING DAYS.
  7. SHOULD RECEIVER DEFAULT TO RELEASE BANK PAYMENT UNDERTAKING (BPU) BY MT103 WITHIN SEVEN (7) BANKING DAYS AFTER RECEIPT OF SWIFT MT760, PROVIDER SHALL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE SBLC THEREBY FORCING THE RECEIVER'S BANKERS TO RETURN THE SWIFT MT760 (SBLC) TO THE ISSUING BANK. THE RECEIVER IS LIABLE UNDER THIS AGREEMENT AND ICC RULES AND REGULATIONS TO PAY THE PENALTY 1% OF SBLC FACE VALUE TO THE PROVIDER AND BROKERS FOR THEIR NON-PERFORMANCE.
  8. WITHIN TEN BANKING DAYS AFTER RECEIVING ALL FEES; HARD COPY WILL BE SENT TO RECEIVER BANK BY BANK-BONDED COURIER.
  9. 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 REGULATIONS.