Trading of Standby Letter of Credit or Bank Guarantee ( Convert SBLC/BG to cash TT payment )

الوصف

Trading of Standby Letter of Credit or Bank Guarantee ( Convert SBLC/BG to cash TT payment )

Deatailed terms:

We are working by hours, to dynamic. If we announce, we could purchase SBLC that is mean in this exactly moment (+/- *2 hours). If somebody starts to sell, he has to do that within *2 hours, not later, than our announcement. In otherwise, he has to ask us if we are ready for purchasing.

PROCEDURES:

1. Provider and Receiver execute, sign and initial a Deed of Agreement ( DOA ) / Financial Agreement with CIS, passport copy, full banking details (including issuing bank details),which thereby automaticallybecomes a full commercial recourse contract after buyer's application has been accepted by the seller. After the Agreement has beencountersigned by Provider within *4 hours, the both Parties will lodge the contract with their respective banks.

2. Then, the Provider instructs his/ her bank officer to send Pre-Advice via MT***9 or MT***9 (ANNEX "A') to the Receiver's bank to request a confirmation on the Receivers instrument capability and readiness to receive the SBLC via MT **0. Provider sends to Receiver via email four documents (1. SWIFT application with bank stamp, 2. Receipt of SWIFT fee, 3. Bank officer name card, 4. SWIFT copy with bank stamp).

3. After receipt of SWIFT MT**9/ **9 for SBLC from Provider, Receiver will get guarantee to issue SWIFT MT **9 (ANNEX B) to the Provider's bank, confirming that the full payment will be made to the Provider's designated account upon receipt of the SBLC via MT**0 in favor of the Receiver or his designated beneficiary for the price and fee by IMFPA. Receiver sends the SWIFT copy to the Provider by mail.

4. After receipt and verifications of SWIFT MT**9 from the Receiver, the Provider will request his bank to deliver the SWIFT MT **0 (ANNEX C) to the Receiver's bank or his designated beneficiary and provide a courtesy copy to the Receiver's mail.

5. Then Receiver's bank will send SWIFT MT **8 to confirm the maturity date of the Instrument to the Provider's bank. The Provider's bank replies to confirm the maturity date of the Instrument by SWIFT MT**8 to Receiver's bank. The Receiver's bank will authenticate and verify SWIFT MT**8. Then, if positive, he Receiver will make the payment settlement within Five (7)~Seven (*0) banking days by SWIFT MT**3 wire transfer of the total BG/ SBLC cost of *0%*2% of face value to the nominated banks accounts of Seller and / or facilitators.

6. All subsequent tranches will be based on the same procedures until funds become exhausted.

7. Within 7 banking days after receiving full settlement, the hard copy of the instrument will be sent to the Receiver's bank by bank-bonded courier.

Price:

UAE bank price: *2%

HK bank price: *8%

Minimum Transaction amount *0 M $ / € ( Ten Million USD / EURO )

Maximum Transaction amount 1 B $ / € ( One Billion USD / EURO )

Important prerequisite term - these prices are valid only for TOP *5/*0 Worlds Banks. Otherwise, please consult!

This banking payment service by Letter of Credit facilitates greatly all of sellers or manufacturers of goods to sell with a **0% safety for its customers, giving them a peace of mind to their investment. This type of service also serves to all customers in countries where banks do not practice even Letter of Credit transactions.

We hopes your order !

OLIVIDA-KRISTOV Holding

olivida dot net

olivida (et) olivida dot net