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                            :   ...

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:      ...