() INITIAL LOI FOR DD.docx () INITIAL LOI FOR DD.docx
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Usually all Providers abhor any new or alternate ideas from the clients, as they have to follow what their Issuing Bank wants. In this case only Barclays accepts and allows Provider to move first. Other Issuing banks do not accept it. They want clients to choose from what Providers are offering under the approval of their relevant Issuin Banks. Therefore, it will be sheer waste of time if any client offers alternate ideas to suit his requirements. Our job is to try to persuade clients to accept any of the Procedures offered by the Provider.

This Provider offers 3 bank to bank procedures. Please try client to accept any one of them. In 2 cases, Provider moves first and in one case, Client has to move first with MT799. I will send you those in 2 separate mails for you to choose which is suitable for which client. Provider will not make any change in any one of them to suit the client requirement.

 I am seding one of those with this mail in which case, Provider moves first.

If your bank is A+ rated or if you can move funds to any A+ rated bank, then above 2 documents are required in the beginning, if you want Provider to move first with MT799 Pre-Advice from Barclays Bank. Otherwise choose some UK Law firm to send a payment Assurance letter to Provider as required under our procedure as below:

http://www.bg-sblc.com/provider-moves-first-with-mt799-pre-advice-if-you.php

Kind Regards,

Hussain Khan, Tokyo

Skype ID: hkhanjp

Mobile: 81-(0)70-4069-5700

REQUIRED BCL VERBIAGE FROM A+ RATED BANK

A+ RATED BANK MUST SIGN AND SEAL ON ITS LETTERHEAD WITH TWO HIGH MANAGMENT BANK OFFICERS WITH THIER INTERNATIONAL CODES.

"WE, ……XXXXXXX….. BANK  LOCATED AT……………………………………… DO HEREBY CONFIRM WITH FULL BANKING RESPONSIBILITY OUR RWA TO RECEIVE A CONFIRMED SWIFT MT799 PRE-ADVICE AND RWA TO RESPOND WITH A BANK PAYMENT ORDER/ UNDERTAKING VIA SWIFT MT799 FOR 10% OF ……….(MINIMUM 50 MILLION) …………… EURO/USD FACE VALUE WITHIN 3 BANKING DAYS OF THE CONFIRMED SWIFT PRE-ADVICE MT799 RWA TO US. WE ATTACH OUR BANK PAYMENT ORDER/UNDERTAKING APPROVED VERBIAGE. AND WE STAND READY FOR YOUR FURTHER INSTRUCTIONS."

() INITIAL LOI FOR DD.docx () INITIAL LOI FOR DD.docx
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Type : docx
Circular Letter Feb 22, 2017
 
TWO REVOLUTIONARY PROCEDURES: PROVIDER MOVES FIRST WITH MT799 PRE-ADVICE, IF YOU CAN PROVE YOUR CAPABAILITY TO PAY THROUGH BCL OR THROUGH YOUR UK LAW FIRM
 

Greetings,

 

If your BCL or POF-issuing Bank is not one of Top 25 banks,that will be okay, if your bank is ready to move first with MT799 POF after Provider coutersigns Contract. In that case, we have the following procedure available:

http://www.bg-sblc.com/loi-is-not-acceptable-without-any-bank-evidence.php

 

2 New Revolutionary Procedures

 

If not, then please see the links below in which case Provider moves first.

http://www.bg-sblc.com/provider-moves-first-with-mt799-pre-advice-if-you.php

http://www.pakmarineltd.com/provider-will-move-fist-if-you.php

 

Please note in all cases minimum face value amount of BG or SBLC should be 50M.

 

 

Kind Regards,

Hussain Khan, Tokyo

Skype ID: hkhanjp

Mobile: 81-(0)70-4069-5700

Visit my website for details.

www.bg-sblc.com 

 

 
 
Circular Letter Feb 19, 2017
 
 
MINIMUM FACE VALUE AMOUT FOR BG OR SBLC IS 50M IN ALL CASES
 
TWO REVOLUTIONARY PROCEDURE
 
PROVIDER MOVES FIRST WITH MT799 PRE-ADVICE,
 
IF YOU CAN PROVIDE PROOF OF YOUR CAPABLITY TO PAY
 EITHER THROUGH BCL LETTER
from "A+ or better" rated Major Bank  
Price will be 10+3 for Lease and 44+3 for Purchae in this case
 
 OR A LETTER FROM YOUR UK LAWYER
Price will be 15+3 for Lease and 44+3 for Purchase in this case
 
Both procedures are given below:
 
 
1st Procedure through your BCL Letter:
 

PROVIDER MOVE FIRST ( STRICT PROCEDURE )  

Here is FC BG 44+3 .Seller goes first before buyer's MT799. Please read below.   

BG / SBLC  FOR  PURCHASE OR LEASE  

We are able to get the SBLC issued from Europe with provider sending pre-advice first before BPU.  

Interested revert back with the LOI + BCL/RWA LETTER  for initial DD.  

DOA will be sent only after the initial DD, so please do not ask.  

The Buyers Settlement Bank has to be a "A+ or better" rated Major Bank  

Instrument Description:  

1.      INSTRUMENT TYPE - SBLC  / BG  

2.      TERM - OPERATIVE, IRREVOCABLE , ASSIGNABLE AND       

CONFIRMED                                                                

3.      AGE- ONE YEAR AND ONE DAY  

4.      ISSUING BANK- Barclays Bank  

5.      INTEREST RATE - ZERO COUPON  

6.      PRICE (Purchase) - 44% OF FACE VALUE  

7.      PRICE (Lease) - 10% OF FACE VALUE  

8.      COMMISSION - 2% + 1% OF FACE VALUE  

9.      CURRENCY - EUROS / USD  

10.  CONTRACT - CAN BE DONE:  

PROCEDURES  

-  LOI - CIS – PP- BCL/RWA LETTER FROM RECEIVING BANK.  

 -  IMFPA  

 

-  CONTRACT  

-  MT 799 PREADVICE  

-  MT 799 BANK PAYMENT UNDERTAKING  

-  EUROCLEAR / MT 760 INSTRUMENT DELIVERY   

-  MT103/TT  PAYMENT  

-  HARD COPY DELIVERY IN 7 days  

   

(interested revert back with the LOI for initial DD)  

==========================================
 

LETTER OF INTENT

DATE:       

 

TO: 

RE:  Purchase/ Lease of Bank Instrument

 

TRANSACTION CODE: To be provided via Purchase Agreement

 

Dear Sir,

 

I, _____________________, the undersigned, representing _________________ hereby confirm under penalty of perjury, my full commitment and agreement to purchase a Bank issued instrument in the amount of __________  Euros (€), subject to my acceptance of the terms, conditions and procedures that shall be outlined by contract.

 

DESCRIPTION OF INSTRUMENT

 

        Instrument:                                 BG / Standby Letter of Credit

        Total Face Value:                       Hundred Million Euros (€) - Cashed Backed

        Issuing Bank:                    

        I.S.I.N/CUSIP #:                        

        Term:                                 One Year, One Day

        Purchase Price:                           percent (44%) of Face Value PLUS 3% FACE –BUY-SIDE SELL

        Lease Price:                                percent(15%)  of Face Value PLUS 3% FACE –BUY-SIDE SELL

SIDE CONSULTANTS

        Financial Consideration:            €……………. MILLION EUROS TOTAL

        Delivery:                                     TO BE AGREED BETWEEN PARTIES

        Payment:                                    to Coordinates as Detailed

        Commission:                              THREE Percent (3%) of Face Value Paid by the Buyer

 

Furthermore, I hereby warrant and represent that I have available funds in the amount required for the purchase of said Bank Instrument. The funds are clean, clear funds, free of any levy, liens or encumbrances and of non-criminal origin.  I hereby warrant and represent that the Rule of Full-disclosure has established these funds were legally obtained from non-criminal business or actions.  I further confirm that I am the beneficial owner of these cash funds and that I have full signatory authority and control thereof, and that such funds are available for immediate use at my sole discretion.

 

I am prepared to instruct my bank to act upon the xxxxxx,000,000.000 Instrument as required.

 

I, the undersigned, hereby swear under penalty of perjury, that the information provided herein is accurate
and true as of this date:.       

    

Signature:  ___________________________________

 

Name / Title:

Company:   

Passport Number:   

Date of Issue:     

Date of Expiry:  

Country of Issuance:   

 

Signature:  ___________________________________

 

Name / Title:

Company:    

Passport Number:     

Date of Issue:     

Date Of Expiry: 

Country of Issuance:   

 

2nd Procedure through UK Lawyer:

Please see the link below for the details of this Procedure

http://www.bg-sblc.com/PROVIDER-MOVES-FIRST-ON-YOUR-UK-ATTORNEY-LETTER.php