CIRCULAR LETTER AUG8.pdf CIRCULAR LETTER AUG8.pdf
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Type : pdf

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:: 20 Million to 500Mxxxxxxxx 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.

(B) FOR SMALL AMOUNTS OF BG LESS THAN 20M, REMITTANCE OR BANK DRAFT OF 9+3 IN CASE OF LEASE AND OF 52+3 IN CASE OF PURCHASE BG COST IS TO BE SENT TO OUR LAWYER OR BANK OFFICER AFTER OUR COUNTERSIGNED CONTRACT.

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 3 IN ORDER OF YOUR PREFERENCE of these 5 OR OTHER TOP PRIMARY Banks, if necessary. Otherwise, we will choose for you.)

4. Age:  One Year and One Day

5. Leasing Price: 9% + 3% and Purchase Price is 52%+ 3%, making it 55% 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) BUYER SUBMITS TO SELLER THISSIGNED AGREEMENT,TOGETHER WITH CLIENT INFORMATION SHEET,CORPORATE BOARD RESOLUTION, NON-SOLICITATION LETTER, SIGNATORY'S PASSPORT COPY, CORPORATE REGISTRATIONANDTHEIRREVOCABLE MASTER FEE PROTECTION AGREEMENT. 

(B) BUYER SHALL ALSO SUBMIT ATV (AUTHORIZATION TO VERIFY) TO OUR SUGGESTED SWISS BANKER TO VERIFY AVAILABILITY OF YOUR FUNDS FOR BG COST. 

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

3) (A) WITHIN THREE (3) BANKING DAYS AFTER SIGNING AND LODGING OF THIS AGREEMENT, BUYER SHALL ISSUE BLOCKED FUND OR ICBPO OR PN (PROMISSORY NOTE) VIA SWIFT MT-760, NOT BY MT799,(AS PER "APPENDIX A") OR MT103.23 TO SELLER’S DESIGNATED RECEIVING BANK.

(B) IN CASE OF SMALL AMOUNTS LESS THAN 20M, BUYER WILL HAVE TO SEND BANK DRAFT OF 9+3 IN CASE OF LEASE AND 52+3 IN CASE OF PURCHASE BG COST TO OUR LAWYER OR BANK OFFICER BY REGISTERED

4) (A)WITHIN THREE (3) TO (5) BANKING DAYS AFTER RECEIPT AND CONFIRMATION OF THE BLOCKED FUND VIA MT-760 OR ICBPO OR MT103.23,SELLER SHALL SCHEDULE WITH ISSUING BANK TO ISSUE A PRE-ADVICE VIA SWIFT MT-799 (AS PER "APPENDIX B").

©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, SELLER’S ISSUING BANK THEN ISSUES THE BANK GUARANTEE (BG) VIA SWIFT MT-760 (AS PER "APPENDIX C") TO BUYERS DESIGNATED BANK RECEIVING ACCOUNT. SELLER SHALL PROVIDE A SCANNED COLOR COPY OF SAID MT-760 TO BUYER’S EMAIL ADDRESS FOR TRACING.

6) WITHIN FIVE (5) BANKING DAYS AFTER CONFIRMATION OF THE ABOVEMT-760BANK GUARANTEE (BG), BUYER'SPAYING BANK SHALL RELEASE THE AGREED FUNDS TO SELLER’S DESIGNATED BANK ACCOUNT, AND SIMULTANEOUSLY BUYER 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, SELLER’S BANK SHALL SEND THE BG HARD COPY ORIGINAL TO BUYER’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 FILES FOR NO UPFRONT PROCEDURE FOR BG/SBLC

LEASE AT 9+3=12% AND SALE 52+ 3=55%

For both, Lease or Purchase ATV documents will be required along with the LOI

() 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
() YOUR ASSURANCE.pdf () YOUR ASSURANCE.pdf
Size : 835.532 Kb
Type : pdf
() Sanitized Pre-Advice MT799 $ MT760.pdf () Sanitized Pre-Advice MT799 $ MT760.pdf
Size : 165.395 Kb
Type : pdf