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SBLC/BG Available For Lease, Purchase and Monetization

Last Updated: 10/10/2019
Deadline: 1/7/2023
Quantity: 0 o
Shipping Terms: Other
Payment Terms: Other
Dear Authorized Signatory Buyers (Private Buyers only), If you are in the market for SBLC or BG, please take note of the following: SBLC For Sale Price: 60+2 (1% sell-side closed, 1% buy-side open) Minimum Contract Face Value: Five (5) Billion Euros with contract rollovers and extensions Minimum per tranche: Five (5) Hundred Million Euros Procedure: 1. Receiver completes the Provider's DOA and attaches Proof of Cash (updated bank statement 3 days old or less). 2. The receiver goes through compliance verification, if approved, Provider countersigns the DOA and lodges copy with issuer Bank. 3. Receiver's Bank Officer sends #RWA (using Provider's Bank pre-approved text) via #MT199 to Provider's Bank. 4. The provider sends, MT799 pre-advice, followed by MT760 SBLC 5. Receiver's Bank remits payment MT103, within 3-5 days. 6. Once payment has cleared, Provider issues letter releasing all claims to the SBLC and transfers title to the Receiver and send a hard copy within 7 days to Receiver's Bank. Contact: Mr Eugene M. Edwards E: sblc@eugenemedwards.tk
Country of buyer: United States

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