Description
> Good Day....
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> Please find attachment for DOA - ICBPO - MT**0 - MT**3 for BG/
SBLC, Basic details require and CIS.
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> Lease Rate: 8% + 2% for *0M; 6% + 2% for **0M .
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> Purchase: *5% + 2%.
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> Minimum Tranche Value: *0 M Euro
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> Commission Distribution
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> Commission: 2 %
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> Note:
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> 1) On receiving of Basic details require, we will prepare
agreement docs (Such as DOA/LOI, NCNDA, Facilitation MOU + IMFPA,
Facilitator Invoice & work order) for you, after only sing
& seal remaining for you.
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> 2) Notarization in Facilitation MOU + IMFPA is
compulsory.
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> 3) Along with Basic details, we must require fresh Bank
statement or POF (PRINTOUT WITH SIGNATURE OF TWO BANK OFFICERS AND
SEAL)
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> INSTRUMENT DESCRIPTION:
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> 1. Instrument : Fresh Cut BG/SBLC
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> 2. Total Face Value : EURO XX **0 **0 **0.*0
(******************- EURO).
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> 3. Tranche Value: EUR XXM with R&E
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> 4. Issuing Bank : HSBC LONDON
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> 5. Age : One year and one day with prolongation to three years
and one day
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> 6. Leasing Price : Interest 8% of Face Value, plus 2%
commission for *0M;
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> Interest 6% of Face Value, plus 2% commission for
**0M
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> 7. Sale Price; *5% plus 2 % commission
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> 8. Delivery : MT**0 SWIFT TO SWIFT.
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> 9. Payment : ICBPO/SWIFT MT**9; SWIFT **3.
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> *0. Hard Copy : Bonded Courier Within 7 Banking
day’s.
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> THE PROCEDURE ACCEPTED IS AS FOLLOWS:
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> 1) Provider/Lender issue Deed Of Agreement to Buyer/Borrower,
Buyer/Borrower fill complete the Deed Of Agreement with passport
copy of responsible person, client information sheet and board
resolution letter and return back to Provider/Lender.
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> 2) Provider/Lender will conduct DD and thereafter approve the
transaction and its rep
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> Counter signs Deed Of Agreement, attaching passport of
responsible Provider/Lender and send copy to
Buyer/Borrower.
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> 3) Buyer/Borrower within 2 or less days upon receipt of
countersigned DOA from Provider/Lender, issue ICBPO or SBLC via
MT**9 to Lender’s fiduciary agent account coordinate with
equivalent amount of 8% Lease price fee and send swift copy to
Provider/Lender.
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> 5) Provider/Lender bank receive the swift copy and confirm the
ICBPO or SBLC and thereafter give window time and releases bank
guarantee BG via swift MT **0 to Buyer/Borrower’s bank account
coordinate.
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> 6) Buyer/Borrower bank confirms and verifies bank
guarantee.
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> 7) Buyer’s/Borrower’s bank releases funds and pays for
bank guarantee Buy/Lease fee and broker commissions on or before
*0days upon receipt and confirmation of MT**0.
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> 8) Provider/Lender bank sends hard copy of BG to
Buyer/Borrower bank within 5 to 7 banking day by registered speed
post .
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> Best Regards,
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