MT 760, MT 799, MT103

タイトルまたは説明

LEASING BG / SBLC: 6*2: Without any payment in upfront. NO POF!!
DESCRIPTION OF INSTRUMENT:
Instruments:                      BANK GUARANTEES (BG), CASH-BACKED
Term:                                    ONE (1) YEAR AND ONE (1) DAY
Issuing Banks:                    BARCLAYS, RBS, DEUTSCHE BANK, HSBC OR OTHER S&P RATED AAA WEB
Age:                                       NEW ISSUE/FRESH CUT
Currency:                            EUROPEAN UNION CURRENCY - EURO (EUR)
Contract Amount:            EUR 1,**0,**0,**0 - (One BILLION EUROS)
Lease rate:                          6% OF FACE VALUE OF EACH BG + COMMISSIONS  
Coupon Rate:                    ZERO PERCENT (0.*0%) COUPONS
Commission:                      TWO PERCENT (2%) OF FACE VALUE
First Tranche of BG:        EUR X*0,**0,**0 - (XX HUNDRED MILLION EUROS)
Subsequent Tranches:   TO BE MUTUALLY AGREED UPON, AS PER SCHEDULE OF DELIVERY
Settlement:                        BY SWIFT MT***3
Delivery:                              BY BG BY SWIFT MT***0, WITH HARD COPY TO BE DELIVERED VIA BANK-BONDED COURIER WITHIN SEVEN (7) BANKING DAYS UPON              RECEIPT OF UNCONDITIONAL PAYMENT.
 
TRANSACTION PROCEDURES:
1. Lessee sends letter of intent (LOI) to the Seller attached with copies of Signatory´s passport, Company’s Resolution and Client Information Sheet (CIS).
2. Lessor within two (2) international banking days, countersigns LOI and returns it back to Lessee with detail of BG Issuing Bank, copy of the passport, etc., and this LOI becomes automatically a full commercial recourse contract, which both parties shall lodge with their respective banks.
3. Lessee, within two (2) international banking days, instruct his Bank to send confirmation by  MT*****3 (see Appendix "A")  to the Lessor’s provided receiving bank coordinates, which copy will be also provided to Seller via e-mail for the verification and compliance.
4. Lessor ´s Bank, within  two (2) banking days of receipt POF FUND MT*****3 of the first tranche, sends by SWIFT MT***0 BG to Lessee´s Bank.
5. Lessee ´s Bank confirms to Seller’s Bank the acceptance of the BG/SBLC and show readiness to fund the said bank instrument by issuing payment guarantee via MT**3 to provider bank. 
6. Lessor ´s Bank confirm the payment guarantee and issues BG by SWIFT MT***0, which Lessor’s Invoice is payable within two (2) banking days.   
7. Lessee’s bank verifies, and pays for the BG within one (1) banking days, and additionally pays out the two percent (2%) consultancy fees/commissions, as per the Irrevocable Master Fee Protection Agreement (IMFPA/PAY-ORDER)
8. Lessor’s bank, within seven (7) banking days of receipt of full Invoice payment, sends the hard copy original BG to Lessee’s Bank by bank-bonded courier.
9. The same Procedure is used for all other BG issuance, delivery and payment settlements.