Description
Many of our clients find themselves in a “chicken and egg”
situation. They want to start a deal and so does the other party –
buyer or seller. But no one wants to commit themselves first.
The buyer doesn’t want to issue a letter of credit until the
supplier has issued a performance bond. The supplier doesn’t want
to issue a performance bond until the buyer issues a letter of
credit. Our SWIFT messaging can help start the transaction.
SWIFT messaging can be used to
- Send a corporate payment undertaking
- Send official acceptance of a contract
- Show proof of ability and readiness to enter into a
transaction
- Any business related message that benefits from the added weight
of going through the SWIFT System
We work with many different financial institutions, large and
small. Please ask one of our agents for our latest tariff and
institutions list. Please note if a specific line is full, or a
bank might reject a specific transaction, we will suggest an
alternative. Different institutions also have different costing.
Costing can be effected by the credit line availability, the size
of the transaction and its risk level, or many other factors.
We work with brokers and introducers, and will be happy to discuss
commissions and wholesale pricing.
