SBLC - Standby Letter of Credit 6+2 Available

Standby Letter of Credit:

INSTRUMENT: BANK GUARANTEE, CASH BACKED, ICC 600 FORMAT

TYPE : OPERATIVE, IRREVOCABLE, ASSIGNABLE AND CONFIRMED

TERM : ONE YEAR AND ONE DAY

ISSUING BANK :  BARCLAYS, HSBC

CONTRACT AMOUNT : EURO  BILLION, WITH ROLLS AND EXTENSIONS

FIRST FINANCING AMOUNT

SECOND FINANCING AMOUNT: EURO ……… MILLION 

SUBSEQUENT FINANCING AMOUNT : AGREED BY BOTH PARTIES (REFER TO PROPOSED FINANCING SCHEDULE)

CURRENCY : EUROS

PRICE : 6% + 2% - WITH 1% TO LESSOR SIDE AND 1% TO LESSEE SIDE

PAYMENT : UNCONDITIONAL MT-103

DELIVERY MODE : SWIFT MT760 & ORIGINAL HARD COPY BY BANK BONDED COURIER

SBLC Procedure:

1)  LESSEE SUBMITS TO LESSOR 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. 

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

3) WITHIN THREE (3) BANKING DAYS AFTER SIGNING AND LODGING OF THIS AGREEMENT, LESSEE’S BANK SHALL SEND POF vie MT799  OR PAY RE ASSIGNMENT TO RE ASSIGN THE BG IN LESSEE NAME

4) WITHIN THREE (3) BANKING DAYS AFTER RECEIPT AND CONFIRMATION OF THE POF BLOCK FUNDS OR IRREVOCABLE BANK PAYMENT ORDER (ICBPO) MT799  OR RE ASSAIGNMENT FEE LESSOR 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 - LESSOR’S ISSUING BANK THEN ISSUES AND SENDS THE BG VIA SWIFT MT760 (AS PER "APPENDIX D") TO LESSEE’S DESIGNATED BANK RECEIVING ACCOUNT. LESSOR SHALL PROVIDE A SCANNED COLOR COPY OF SAID MT-760 TO LESSEE’S EMAIL ADDRESS FOR TRACING.

6) WITHIN FIVE (5) BANKING DAYS AFTER CONFIRMATION OF THE ABOVE MT760 BG, LESSEE’S PAYING BANK SHALL RELEASE THE AGREED FUNDS TO LESSOR’S DESIGNATED BANK ACCOUNT, AND SIMULTANEOUSLY LESSEE 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, LESSOR’S BANK SHALL SEND THE BG HARD COPY ORIGINAL TO LESSEE’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.

How to apply for SBLC 6+2 % :

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. Request on Email for Draft Contract for your acceptance and we will proceed immediately 

Feel Free to contact us anytime for further assistance.

Best Regards

Muhammad Tauseef

Skype: tauseefghauri

http://bankguarantee-mt760.blogspot.com/

00923212371287

ghauritraders@gmail.com