Description

> Good Day....
>
>
>
> Please find attachment for DOA - ICBPO - MT**0 - MT**3 for BG/ SBLC, Basic details require and CIS.
>
>
>
> Lease Rate: 8% + 2% for *0M; 6% + 2% for **0M .
>
>
>
> Purchase: *5% + 2%.
>
>
>
> Minimum Tranche Value: *0 M Euro
>
>
>
> Commission Distribution
>
>
>
> Commission: 2 %
>
>
>
>
>
>
> Note:
>
> 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.
>
> 2) Notarization in Facilitation MOU + IMFPA is compulsory.
>
> 3) Along with Basic details, we must require fresh Bank statement or POF (PRINTOUT WITH SIGNATURE OF TWO BANK OFFICERS AND SEAL)
>
>
>
> INSTRUMENT DESCRIPTION:
>
> 1. Instrument : Fresh Cut BG/SBLC
>
> 2. Total Face Value : EURO XX **0 **0 **0.*0 (******************- EURO).
>
> 3. Tranche Value: EUR XXM with R&E
>
> 4. Issuing Bank : HSBC LONDON
>
> 5. Age : One year and one day with prolongation to three years and one day
>
> 6. Leasing Price : Interest 8% of Face Value, plus 2% commission for *0M;
>
> Interest 6% of Face Value, plus 2% commission for **0M
>
> 7. Sale Price; *5% plus 2 % commission
>
> 8. Delivery : MT**0 SWIFT TO SWIFT.
>
> 9. Payment : ICBPO/SWIFT MT**9; SWIFT **3.
>
> *0. Hard Copy : Bonded Courier Within 7 Banking day’s.
>
>
>
> THE PROCEDURE ACCEPTED IS AS FOLLOWS:
>
>
>
> 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.
>
>
>
> 2) Provider/Lender will conduct DD and thereafter approve the transaction and its rep
>
> Counter signs Deed Of Agreement, attaching passport of responsible Provider/Lender and send copy to Buyer/Borrower.
>
>
>
> 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.
>
>
>
> 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.
>
>
>
> 6) Buyer/Borrower bank confirms and verifies bank guarantee.
>
>
>
> 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.
>
>
>
> 8) Provider/Lender bank sends hard copy of BG to Buyer/Borrower bank within 5 to 7 banking day by registered speed post .
>
>
>
> Best Regards,
>
>