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 rolls of extensions
First Tranche: AS AGREED
Denominations: Euro.
Consultant Fees: Lessee and Lessor Sides Share One Percent (1%) equally.
Screen: Euroclear only.
Transaction Model: Pre-Advice from Lessor�s bank first via MT799.
Delivery: MT-760 from Issuing bank with Hard Copy to follow in seven (7) banking days by bank bonded courier.
Payment: By unconditional SWIFT Wire Transfer � MT103.
Beneficiary: XXXXXXXXXXX
TRANSACTION PROCEDURE:
1. Lessee submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account), Enlarged 140% Color copy of Passport, Client Information Sheet, Certificate of Incorporation (if applicable), Corporate Resolution (if applicable), Non-Solicitation Statement, and an Irrevocable Fee Protection Agreement.
2. After conducting due diligence, the lessor will countersign & seal the RWA/LOI and return it to lessee with the lessor�s full banking coordinates. Lessee will accept title registration to the Euroclear upon signed contract lodge with the MT 799 ICBPO payment of � 29,000 made to the automated Euroclear account as designated by the issuing bank and 71,000.00 Euro to Providers Account via MT 799 ICBPO.
3. Within 72 hours upon receipt of the automated fee via ICBPO�s the Lessor shall instruct the issuing bank to issue a Pre-advice by MT799 to the Lessee�s designated bank for verification.
4. Within 3 banking days upon verification of the MT799 Pre-advice on bank-to-bank basis,
Lessee will instruct his Receiving Bank to issue 9% ICBPO via MT 799 Providers account, After verification of ICBPO, Lessor will instruct the issuing bank to issue and deliver the Bank Instrument by MT760 to lessee�s designated bank for verification and authentication.
6. After Verification of MT 760 lessee pays the automated fee to issuing bank and to provider. Within 4 - 10 banking days upon verification and authentication and validation of the bank instrument on bank to bank basis, lessee bank will effect payment of leasing fee 9% and 2% agent fee to their respective bank account by MT103.
7. Within 7 banking days after receipt of full payment of the leasing fees 9% and 2% commission to agents, the Lessor�s bank will deliver the hard copy of the bank instrument to the lessee's bank by bank bonded courier.
8. Should lessee fails to pay the 9 % leasing fees within allowed time stipulated in the agreement after confirmation of BG OR SBLC in Lessee�s bank account, Lessor will instruct the issuing bank to put a claim on the bank instrument thereby forcing the Lessee's bank to return the bank instrument BG OR SBLC to the issuing bank.
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Lessor# 2
DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG)
2. Total Face Value: 200 MILLION UPTO 50 BILLION EUROS WITH R&E
3. Issuing Bank: Top 25 Bank.
4. Age: One Year, One Day.
5. Leasing Price: 6% + 2%
6.Consultant Fees: Buyer and Seller Side Share Two
Percent(2%)Equally
7. Delivery: First Swift via MT799,Pre-Advice,MT760 to
Buyer's bank bonded courier .
8. Payment: By ICBPO then unconditional SWİFT Wire Transfer MT103
9. Hard Copy: Bonded Courier within 5 banking days.
TRANSACTION PROCEDURE LEASE BG/SBLC:
1- Lessee execute, sign and initiate the Loi and Deed of Agreement with copy of their passports, etc, Then issue to lessor
2- the lessor countersign after DUE DİLİGENCE which thereby automatically becomes a full commercial recourse contract agreement which both parties shall lodge with their respective banks.
3- After countersignature of contract, lessor's banker will contact (call) lessee's banker to: Lessor's banker verify lessee's banker is RWA to move forward with issuing MT799 ICBPO or MT799 POF. And same time Lessee verify PRE-ADVİCE which the lessor will send to lessee (after reciving ICBPO/POF from lessee).
4- Within three (03) banking days, the Lessee will issue POF or ICBPO by MT799 (Appendix 1) with {6%} of total face value (EURO) of the FC BG/SBLC and send to Lessor's bank {Bank to Bank Swift}.
5- Within 24 working hours after receiving and verifying the POF or ICBPO which issued by the Lessee's bank, the Lessor's bank will issue a PRE-ADVISE via MT799 to the Lessee's bank. {Bank to Bank Swift}.
6- After receiving and verifying pre-advice MT 799 by Lessee bank. Whitin 24 banking hours, The Lessor bank sends The BG/SBLC via MT760 to Lessor's bank.
7- The Lessee verify MT760 whitin 2(two)banking days and make payment via MT103 {Bank to Bank Swift}{ 6%+2%}for Lessor and All İntermediaries Fees.
8- After confirmation of releasing the MT103, the Lessor will deliver the hard copy of the FC BG/SBLC to Lessee's Bank via bank bonded courier in three (03) banking days.
CURRENT ISSUING BANKS:
1] HSBC BANK LONDON
2] BARCLAYS BANK LONDON
3] COMMERZ BANK
4] DUETSCHE BANK
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Lessor# 3
1.
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Instrument
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BG/SBLC CASH BACKED
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2.
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Total Face Value
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EUR/USD 50M up to NO MAXIMUM
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3.
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Issuing Bank
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HSBC / Barclays / Credit Suisse / Deutsche Bank AG / Standard Chartered / BOA (SBLC) / Wells Fargo (SBLC) / JP Morgan Chase (SBLC) / other World Top 25 banks.
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4.
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Leasing Fee
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6% of Full Face Value + 2% commission to be shared 50-50 as specified below.
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5.
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Payment
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After sign and submit contract Sender send signed contract in pdf form, invoice and undertaking letter with instruction letter instructing his bank to proceed with swift MT799. And after confirmation of 1% charge only out of the 6% of sale charge from receiver, sender will then gives instruction to his bank to proceed with swift MT760.
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6
7 .
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Hard Copy
Bank Charges
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Bonded Courier within 7 banking days.
Refundable within 30 Days.
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PROCEDURES:
1. SENDER and Receiver�s execute, sign a Deed of Agreement which thereby automatically becomes a full recourse commercial contract after Receiver�s application has been accepted by the SENDER.
2. Within 1, 2 to 3 days after both parties sign the Agreement; Sender�s bank shall send MT-799 Pre-advice to Receiver�s bank. (Pre-Advice shall be valid for (10) Ten banking days only). [Sender may require that Receiver shows bank statement of account confirming that the Receiver or his company have the 1% charge to be paid after MT-799 Pre-Advise is sent.]
3. Within 1-12 banking hours, Sender shall send copy of the MT-799 Pre-Advice to the Receiver.
4. Within (2) two Banking days of receipt of MT-799 Receiver Pays 1% () sale charge out of sender�s 6% sale charge to the sender�s Nominated bank account and send the swift payment copy to the sender for confirmation.
5. Within (2) two Banking days of Sender confirming the 1% charge (), Senders Bank shall send the Instrument by MT-760.
6. Receiver�s bank confirms and verifies BG/SBLC MT-760; Receiver shall within 1 � 6 Banking days� pay to Sender the balance 5% to Senders nominated account and also pay the additional 2% agent commission fees to agent as in the contract below.
(Should Receiver default to pay the fees to the Sender and the Intermediaries fees as agreed on this contract within allowed number of days on confirmation of Swift MT-760, Sender shall instruct the issuing bank to put a claim on the BG/SBLC thereby forcing the Receiver's bankers to return the BG/SBLC swift MT-760 to the issuing Bank.)
7. Within 7 banking days after receiving money, Hard copy will be sent to Receiver bank by bank-bonded courier.
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Lessor# 4
1. | Instrument | BG/SBLC CASH-BACKED | |
2. | Total Face Value | EUR/USD 1MILLION UP TO 49 MILLION | |
3. | Issuing Bank | HSBC / Barclays / Credit Suisse / Deutsche Bank AG / Standard Chartered / BOA (SBLC) / Wells Fargo (SBLC) / JP Morgan Chase (SBLC) / other World Top 25 banks. | |
4. | Leasing Fee | 6% of Full Face Value + 2% commission to be shared 50-50 as specified here below. | |
5. | Payment | After sign and submit contract Lessor send signed contract in pdf form, invoice and undertaking letter with instruction letter instucting his bank to proceed with swift mt799 and mt760 after confirmation of bank handling charges to send swift to lessees provided account. | |
67 . | Hard CopyBankCharges | Bonded Courier within 7 banking days.Refundable within 30 days. |
PROCEDURES:
1. SENDER and Receiver�s execute, sign a Deed of Agreement which thereby automatically becomes a full recourse commercial contract after Receiver�s application has been accepted by the SENDER.
2. Within 1,2 to 3 days after both parties sign the Agreement, seller submit the contract to his bank seller send copy of the signed contract by pdf form and copy of the instruction letter which he send to his bank to Buyer and invoice with undertaking letter , buyer received the documents and make payment for the Liquidation and auditors bank handling charges before sellers bank will send swift mt799 and mt760
3. Within 24hrs of buyer receving copy of the instructions letter and invoice with Undertaking Letter, buyer pay the Liquidation and auditors bank handling charges and send wire transfer copy to seller for his confirmation before his bank will send MT799 and MT760.
4. Within 3 banking days after confirmation of the Liquidation and auditors bank handling charges to send the swift MT799 AND MT760,to lessee�s bank .
5. Lessors bank send the first swift MT799 the following day Lessors bank Send Swift MT760 to lessees bank coordinate.
lessor send copies of the swift MT799 and MT760 to lessee for his/her confirmation,withing 7banking days sller�s bank send the hard copy of the BG/SBLC to lessee�s bank by bonded courier, within24hrs lessee�s bank confirm the hard copy, lessee pay the brokers they fees, lessor give lessee 15 to 20banking days to pay for his they fees.
6 Should lessee default to pay according to as agreed in the contract, the Lessor will instruct the Issuing Bank to put a claim on the BG/SBLC and thereby forcing the lessee's Bank to return the BG/SBLC by SWIFT MT760 to the Issuing Bank.
7 After 30 banking days lessor will refund back to lessee the Liquidation and auditors bank handling charges to lessees provided account.
LIQUIDATION OF BLOCK FUND FRESH CUT BG/SBLC FEE AND EXTERNAL AUDITORS� FEES FOR SWIFT HARMONIZATION TO SEND MT799 AND MT760
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Liquidation/ external auditors� fees for
1M to 20M is USD/EUR 50,000.00
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Liquidation/ external auditors� fees for
21M to 49M is USD/EUR 75,000.00
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Lessor# 5
BANK INSTRUMENT DESCRIPTION
INSTRUMENT
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:
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BANK GUARANTEE, CASH BACKED, ICC 458 FORMAT
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TYPE
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:
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OPERATIVE, IRREVOCABLE, ASSIGNABLE AND CONFIRMED
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TERM
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:
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ONE YEAR AND ONE DAY
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ISSUING BANK
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:
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DEUTSCHE, BARCLAYS, ROBA, RBS, CREDIT SUISSE OROTHER S&P RATED AAA WEB
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CONTRACT AMOUNT
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:
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500M UP TO EURO 50B, WITH ROLLS AND EXTENSIONS OR LESS
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FIRST TRANCHE
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:
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EURO 500M
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SECOND TRANCHE
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AGREED BY BOTH PARTIES (REFER TO PROPOSED TRANCHE SCHEDULE)
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CURRENCY
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:
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EUROS
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FUNDING RATE
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:
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6% + 2% COMMISSION
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PAYMENT
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:
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POF FOLLOWED BY UNCONDITIONAL MT-103
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DELIVERY MODE
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:
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SWIFT MT760 & ORIGINAL HARD COPY BY BANK BONDED COURIER
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TRANSACTION PROCEDURES
1)
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PARTY B SUBMITS TO PARTY A THIS SIGNED AGREEMENT, TOGETHER WITH CLIENT INFORMATION SHEET, CORPORATE BOARD RESOLUTION, NON-SOLICITATION LETTER, SIGNATORY'S PASSPORT COPY, BANK RWA, CORPORATE REGISTRATION AND THE IRREVOCABLE MASTER FEE PROTECTION AGREEMENT AND PAY ORDER.
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2)
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AFTER COMPLETED DUE DELIGENCE, PARTY A COUNTERSIGNS THIS AGREEMENT AND IT THUS BECOMES A FULL RECOURSE COMMERCIAL CONTRACT AND RETURNS IT TO PARTY B, ALONG WITH PARTY B�S FULL BANKING COORDINATES AND THE SIGNATORY�S PASSPORT COPY. BOTH PARTIES SHALL LODGE THIS AGREEMENT WITH THEIR RESPECTIVE BANKS.
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3)
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WITHIN TWO (2) BANKING DAYS AFTER THIS AGREEMENT SIGNED PARTY B TO TRANSFER TO PARTY A�S DESIGNATED RECEIVING ACCOUNT a POF VIA MT103/23 CONDITIONAL OR ISSUE PAYMENT UNDERTAKING BY SWIFT MT799(ICBPO) OF 6 % FACE VALUE BY WIRE TRANSFER TO SELLER BANK (NOTE SELLER ISSUING BANK AND RECEIVING BANK MIGHT NOT BE THE SAME BECAUSE OF OUR BANK POLICY.
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4)
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WITHIN ONE (1) BANKING DAYS PARTY B SHALL PROVIDE A COPY OF REMITTED TRANSMISSION RECEIPT TO PARTY A FOR TRACING. IF PARTY B FAILS TO ISSUE POF VIA MT103-23, OR ISSUE PAYMENT UNDERTAKING BY SWIFT MT799 (ICBPO) TO PROVIDER AFTER 2 BANKING DAYS OF RECEIPT OF THE COUNTERSIGNED CONTRACT, THE CONTRACT WILL BE TERMINATED. LEGAL ACTION VIA INTERPOL/FBI/ICC AND PARTY B SHALL BE CHARGED FOR FRAUD /CRIMINAL WITH PENALTY CLAUSE STIPULATED UNDER SPECIAL CONDITION.
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5)
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WITHIN THREE (3) BANKING DAYS OF RECEIPT AND CONFIRMED OF THE ABOVE MT103-23 OR PAYMENT UNDERTAKING BY SWIFT MT799 (ICBPO) PARTY A�SISSUING BANK THEN ISSUES AND SENDS THE BG VIA SWIFT MT799 FOLLOWED BY SWIFT MT760 {APPENDIX D} TO PARTY B�S DESIGNATED BANK RECEIVING ACCOUNT. (PARTY A SHALL PROVIDE A COPY OF SAID MT-760 TO PARTY B FOR TRACING). IF PARTY A FAILS TO ISSUE SWIFT MT799/MT760 WITHIN 3 BANKING DAYS OF RECEIPT OF THE POF VIA MT103-23, OR PAYMENT UNDERTAKING BY SWIFT MT799(ICBPO) OR EURO200M THE CONTRACT WILL BE TERMINATED.LEGAL ACTION VIA INTERPOL/FBI/ICC AND PARTY A SHALL BE CHARGED FOR FRAUD /CRIMINAL WITH PENALTY CLAUSE STIPULATED UNDER SPECIAL CONDITION.
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6)
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WITHIN FIVE (5) BANKING DAYS AFTER CONFIRMATION OF THE ABOVE MT760BG, PARTY B�S PAYING BANK SHALL RELEASE THE AGREED FUNDS TO PARTY A'S DESIGNATED BANK ACCOUNT, AND THE SIMULTANEOUSLY PAYS 2% OF FACE VALUE OF EACH TRANCHE AS CONSULTANCY FEES/COMMISSIONS TO THE CONSULTANTS, AS PER THE RELEVANT IRREVOCABLE MASTER FEE PROTECTION AGREEMENT.
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7)
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WITHIN SEVEN (7) BANKING DAYS OF RECEIPT OF AGREED PAYMENTS, PARTY A'S BANK SHALL SEND THE BG HARD COPY ORIGINAL TO PARTY B'S DESIGNATED BANK RECEIVING ACCOUNT BY BANK BONDED COURIER.
Contact Mr. Mike
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