Bank Guarantee - BG for Buy 45 % + 2 % Fresh Cut

1. Bank Guarantee Buy:

1.01 Instrument. Fresh-cut Bank Guarantee (BG)

1.02 Format of instrument ICC-600/758, Appendix- „D‘’ attached herein.

1.03 Name of issuing bank Deutsche Bank AG

1.04 Address Frankfurt, Germany.

1.05 Coupon rate Zero Percent (0%) Coupon.

1.06 Category BG for project funding.

1.07 Term One (1) year and one (1) day

1.08 Currency Euro

1.09 Total amount of BG Euro 10 Billion with rolls & extensions

  First tranche Euro 500 Million.

1.10 Denomination of BG Euro 500 Million

1.11 Funding amount. 45%+2% of face value of instrument.

1.12 Consultancy fee Two (2%) of face value of BG, paid by Buyer

1.13 Delivery of BG By Swift via MT760, Hard copy by mail.

1.14 Payment Guarantee. Conditional SWIFT MT103/FILED23, as sample of Appendix ‘C’ attached herein.

1) FUNDER SUBMITS TO ISSUER THIS SIGNED AGREEMENT, TOGETHER WITH CLIENT INFORMATION SHEET, CORPORATE BOARD RESOLUTION, NON-SOLICITATION LETTER, SIGNATORY'S PASSPORT COPY, CORPORATE REGISTRATION AND THE IRREVOCABLE MASTER FEE PROTECTION AGREEMENT AND IRREVOCABLE CORPORATE PAY ORDER (ICPO). 

2) AFTER COMPLETING DUE DILIGENCE, ISSUER COUNTERSIGNS THIS AGREEMENT AND IT THUS BECOMES A FULL RECOURSE COMMERCIAL CONTRACT AND RETURNS IT TO FUNDER, ALONG WITH ISSUER’S FULL BANKING COORDINATES. 

3) WITHIN THREE (3) BANKING DAYS AFTER SIGNING AND LODGING OF THIS AGREEMENT, FUNDER SHALL ISSUE EITHER POF BLOCK FUNDS OR IRREVOCABLE BANK PAYMENT ORDER (ICBPO) OR PAY RE ASSAINGMENT FEE FOR THE ISSUER TO RE ASSAIGN THE INSTRUMENT IN THE FUNDER NAME TO ISSUER’S DESIGNATED RECEIVING BANK.

4) WITHIN THREE (3) BANKING DAYS AFTER RECEIPT AND CONFIRMATION OF THE POF BLOCK FUNDS OR IRREVOCABLE BANK PAYMENT ORDER (ICBPO)MT799 OR RE ASSIGNMENT FEE. ISSUER SHALL ISSUE A PRE-ADVICE VIA SWIFT MT799 (AS PER "APPENDIX B") STATING CAPABILITY DELIVERY OF THE BANK GUARANTEE BY SWIFT MT-760.

5) WITHIN THREE (3) BANKING DAYS OF RECEIPT AND CONFIRMATION OF THE ABOVE MT 799 - ISSUER’S ISSUING BANK THEN ISSUES AND SENDS THE BG VIA SWIFT MT760 (AS PER "APPENDIX D") TO FUNDER’S DESIGNATED BANK RECEIVING ACCOUNT. ISSUER SHALL PROVIDE A SCANNED COLOR COPY OF SAID MT-760 TO FUNDER’S EMAIL ADDRESS FOR TRACING.

6) WITHIN FIVE (5) BANKING DAYS AFTER CONFIRMATION OF THE ABOVE MT760 BG, FUNDER’S PAYING BANK SHALL RE THE AGREED FUNDS TO ISSUER’S DESIGNATED BANK ACCOUNT, AND SIMULTANEOUSLY FUNDER PAYS THE CONSULTING FEES PER EACH FINANCING TO THE CONSULTANTS AS PER THE RELEVANT IRREVOCABLE MASTER FEE PROTECTION AGREEMENT AND IRREVOCABLE CORPORATE PAYMENT ORDER.

7) WITHIN SEVEN (7) BANKING DAYS OF RECEIPT OF AGREED PAYMENTS, ISSUER’S BANK SHALL SEND THE BG HARD COPY ORIGINAL TO FUNDER’S DESIGNATED BANK RECEIVING ACCOUNT BY BANK BONDED COURIER.

8) THE SECOND FINANCING WILL BE BASED ON THE SAME PROCEDURES AS AGREED BY BOTH PARTIES, UNTIL COLLATERAL OR FUNDS BECOME EXHAUSTED. ALL SUBSEQUENT BG FINANCING WILL BE ACCORDING TO THE STEPS 5, 6, AND 7 OF  PROCEDURES.

9) ANY UNAUTHORIZED BANK CALLS, PROBES OR COMMUNICATIONS, OR AN IMPROPER SOLICITATION OR DISCLOSURE INVOLVING ANY OF THE BANKS CONCERNED IN THIS TRANSACTION WILL RESULT IN IMMEDIATE CANCELLATION OF THIS TRANSACTION AND SUBJECT THE VIOLATING PARTY TO DAMAGES.

The clients who are serious to proceed can send us CIS and Passport Copy for DD and Sign contract after DD on above mention terms and conditions. And Request our draft contract at our email.

Feel Free to contact us anytime for further assistance.



Best Regards


Muhammad Tauseef
Skype: tauseefghauri
http://bankguarantee-mt760.blogspot.com/
00923212371287
ghauritraders@gmail.com