The Great Blogs by Michael Abbas

Bank Instrument for PURCHASE / BUY & BROKERS/AGENTS ARE WELCOME BANK GUARANTEES (BG), CASH-BACKED , Standby Letter of Credit (SBLC) SELLER# 1 -  BG/SBLC PRE-ADVICE FIRST FROM SELLER @ 40+2 Description of Instrument: Instrument                     :           Bank Guarantee (BG) – Exhibit “A” Age                              :           Fresh Cut Interest Rate                 :           Zero Percent (0%) Term                            :           One (1) Year and One (1) Day Issuing Banks                :   HSBC BANK UK, BARCLAYS BANK UK Currency                       :            EURO/USD Contract Amount           :    EUR/USD50B with R & E & up Emission Rate               :    40 +1+1 % Percent of BG Face Value Commissi on              : (A) One Percent( 1 %) of Face Value for Seller’s Internal Platform  (CLOSED) (B) O ne Percent ( 1 %) of Face Value for the following parties:-   1/3  –   SELLER’S PLATFORM (CLOSED)   1/3

Bank Instrument for Lease & BROKERS/AGENTS ARE WELCOME BANK GUARANTEES (BG), CASH-BACKED , Standby Letter of Credit (SBLC) Lessor# 1 INSTRUMENT DESCRIPTION: Instrument Type:      SBLC/BG - CASH BACKED- ICC Format Term:                        One (1) year and one (1) day (Renewable) Age:                            Lease/ Newly Issued Issuing Bank:          Barclays Bank UK or Top 25 Western European Banks. Interest Rate:          Zero percent (0%) Price:                          LEASE @  9 + 2% COMMISSION                         Contract amount:          10M up to 500M  with roll s  of extensions First Tranche:                AS AGREED Denominations:             Euro. Consultant Fees:           Lessee and Lessor Sides Share One Percent (1%)  e qually. Screen:            Euroclear only. Transaction Model:      Pre-Advice  from Lessor�s bank f irst via MT799 . Delivery:            M T-760 from Issuing bank with   Hard Copy to follow in seven (7)