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Bank Guarantee (BG)/SBLC

  • UK UK  
  • Last Updated:
    Posted on: 26 Sep 2024

  • Buying Frequency: Weekly
  • Payment Terms: T/T, L/C, Other

RFQ Details

This is to inform you that I am direct to a reliable provider. We deliver leased BG/SBLC, fresh cut issuance by HSBC Bank London or Hong Kong to your Organization or individuals with their preferred text verbiage approved by your bank as a standard ICC formats and its Unconditionally Transferrable, Assignable, Callable and Authentication Verifiable bank to bank. Our terms and procedures are so flexible and workable by RWA clients who can use our instrument for viable business transactions, i.e., cash back facilities, Credit enhancement, PPP and project funding, real estate, construction etc.

Note that our BG/SBLC instrument is specifically for lease and our leasing price is 6+2 depending on your particular area of usage as our provider deals directly with top bank executives who have bestowed an unquantifiable trust in him having carried out large volumes of transactions with them in the past and at present.

DESCRIPTION OF INSTRUMENTS:

1. Instrument: Bank Guarantee (BG)/SBLC

2. Total Face Value: Euro 1M MIN and Euro 50B MAX (Fifty Billion USD)

3. Issuing Bank: HSBC London/Hong Kong

4. Age: One Year, One Day (extendable allowed)

5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers to be shared 50/50 between the brokers on both lessor / lessee side

6. Delivery SWIFT TO SWIFT

7. Payment: Wire Transfer

8. Hard Copy: Bonded Courier within three banking days

Having stated the above, the procedure is as following.

1. Both parties sign and counter sign agreement.
2. Provider/Lessor issue refund undertaking and payment invoice (investor escrow account)
3. Lessee wire transfer transmission fee.
4. Provider bank swift MT799 followed by MT760


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