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BANK GUARANTEE FROM TOP 25 WORLD BANKS FOR SALE..
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Product Description |
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Place of Origin: UK
Quantity: UNLIMITED
Packaging: One
Price: VARIES
Classification: Services - Business Services
Product Descpription:
Description of Instrument:
Instrument: Bank Guarantee (BG)
Age: Fresh Cut or seasoned
Interest Rate: Zero Percent (0%)
Term: One (1) Year and One (1)
Day
Issuing Banks: HSBC BANK, BARCLAY, TOP 10 WORLD BANKS.
Currency: EURO/USD
Contract Amount: MIN. 5 MIL-
50B
Emission Rate: 50+2% of BG
Face Value
Commission: 2 %
Seller side: ONE Percent (1%)
of Face Value (closed) for Buyer’s
side One Percent (1%) of
Face Value open
Mode of Payment: SWIFT MT-
103/MT760
Delivery: SWIFT MT-760 only
followed by Hard copy to be
delivered via Bank courier within
seven (7) banking days
TRANSACTION PROCEDURES
SELLER PROCEDURES
1. Buyer sends letter of intent
(LOI) to the Seller. The LOI
should contain copies of Buyer’s
passport, Company’s resolution
and Client’s Information Sheet
(CIS), Company Registration and
IMFPA.
2. Seller countersigns this LOI
and returns to Buyer with seller’s
company registration and
signatory’s passport, and this LOI
automatically becomes a full
commercial recourse contract.
Both parties shall lodge the
executed contract to their
respective banks.
3. After both sides sign the
contract, within 3 banking days,
Seller’s bank will send MT-
199/799 (Exhibit B1) to Buyer’s
bank to verify Buyer’s capability
to receive the said BG, Buyer’s
bank reply MT-199/799 (Exhibit
B2) to confirm that the buyer has
full capability to receive the said
BG and able to complete the
transaction which can be verified
by the Seller. Buyer will incur
Bank charges for swift MT799
transmission
FOR MORE DETAILS CONTACT ME
ASAP...PRAVESH BHANDARI |
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