Circular Letter for Information to All dated August 9, 2015
 
Further Details About the Escrow-Based
Purchase of BG/SBLC from the American Provider:
 
Price for purchase of BG/SBLC will be 42 + 4 in case of payment of Euro/$200,000 as Escrow Deposit for a minimum of 10M BG/SBLC.
In case of 50 Million and above Purchase of BG/SBLC, Euro/$100,000 have to be paid with LOI before receiving MT799 RWA from the Issuing bank and balance Euro/$100,000 are to be paid after receiving MT799 RWA
 
Escrow Deposit Amount for less than 10M Lease of BG/SBLC from the American Provider Will Be Euro/$75,000 at 10 + 4:
 
Circular Letter for Information to All dated August 8, 2015
 
Procedure Details In case of the American Provider:
 
NO ICBPO IS REQUIRED IN ALL HIS PROCEDURES AND PAYMENT CAN BE MADE IN 10 TO 15 DAYS AFTR RECEIVING MT760.
 
A BCL-BASED, NO UPFRONT FEE, BANK TO BANK PROCEDURE IS ALSO AVAILABLE IF YOU HAVE CASH ASSETS OF 8 + 4 FOR LEASE AND 42 + 4 FOR BG/SBLC PURCHASE IN YOUR ACCOUNT, FOR WHICH YOU CAN GIVE BCL TO THE PROVIDER. NO ICBPO IS REQUIRED. MINIMUM LEASE AMOUNT SHOULD BE OVER 100M AND MINIMUM PURCHASE AMOUNT SHOULD BE 500M IN 1ST TRANCHE IN THIS CASE.
 
Details in case of Escrow Deposits:
 
NO ICBPO IS REQUIRED IN ALL HIS PROCEDURES AND PAYMENT CAN BE MADE IN 10 TO 15 DAYS AFTR RECEIVING MT760.
 
Minimum Lease BG/SBLC amount will be 10 Million and price will be 10 + 4 and Escrow Deposit will be Euro/$50,000.
Minimum Purchase BG/SBLC amount will be same 10 Million but Escrow deposit required will be Euro/$200,000.
In case of 50 Million and above Purchase of BG/SBLC, Euro/$100,000 have to be paid with LOI before receiving MT799 RWA from the Issuing bank and balance Euro/$100,000 are to be paid after receiving MT799 RWA.
 
ALL ESCROW DEPOSITS TO AMERICAN LAWYER ARE DEDUCTABLE FROM 1% COMMISSION OF THE LESSOR MANDATE.
 
Regards
Hussain Khan, Tokyo
 
 
Circular Letter for Information to All dated August 5, 2015
Top Primary Issuing Bank RWA Bank to Bank
Letter by Secured Email on Payment of Euro26,000
 or Pre-Advice By MT799 on Payment of $50,000
 
I have 2 Providers. Canadian Provider charges Euro26,000 and American Provider charges Euro/$50,000 to send RWA from the Top Primary Issuing Bank. Both of them send it for any face value of BG/SBLC Lease as well as for Sale of any face value of BG/SBLC.
 
I am Mandate to Canadian Provider. But he usually delays it by 3 to 4 weeks. His charges are 9 +3 for Lease and Sells BG/SBLC at 52 +3. He accepts all small amounts from One Million onwards. It is not Escrow deposit but direct payment to his-suggested account, which is my account in Tokyo.
 
American one usually sends it within 10 banking days. His charges are 10+4 for Lease and 42 + 4 for Sale. He accepts minimum 10M for Lease and minimum 500M for sale. He has a Lawyer to which $50,000 are to be remitted as Escrow Deposit. I am not his Mandate but Next to Mandate. He sends it as Pr-Advice by Swift MT799.
 
Below is a Sanitized copy of Deutshe Bank Readiness Letter sent by the Canadian Provider to a client who had paid old rate of $28,000 (now it is Euro26,000).
 
It is delayed by over a month. Most of the clients grow impatient for such delays, but they get it at lower price than that of the American Provider. To avoid Swift expenses, it was sent recently Bank to Bank by Secured Mail.
 
 
 
Regards
Hussain Khan, Tokyo