ACQUISITION OF FINANCIAL INSTRUMENT

We are available to assist you to acquire under collateral transfer facilities an irrevocable, freely transferrable, assignable, callable and cash backed Standby Letter of Credit or Bank Guarantee issued by a bank rated A or AA from some selected jurisdictions, under URDG protocols (currently URDG758)

Features:

  1. Minimum face vale amount: $9,000,000.00USD
  2. Leasing price: 15% of the face value amount
  3. Purchase price: 45% of the face value amount, minimum.
  4. Processing time: 15 business days following receipt of payment.
  5. Financial instrument types: Bank Guarantee or Standby Letter of Credit (BG/SBLC)
  6. Issuing bank jurisdiction:Canada, USA, Hong-Kong, and any Western Europe country.
  7. Service fees: 2% of the financing or face value of the instrument.

Conditions:

  • Advance payment of reservation fees, equivalents to 6% of the face value amount
  • Poof of funds, not older than 3 days.
  • Payment of the remaining balance, 48 hours before delivery of the financial instrument to provided bank account via MT799 followed by MT760.
  • The Financial instrument will be cash backed, freely transferable, assignable, callable, and irrevocable.
  • CIS of the client.

    Effective February 28th, 2023.