TRANSACTION PROCEDURE The Provider and Receiver shall sign the Deed of Agreement (DOA), which automatically becomes a full recourse commercial contract after the Provider has accepted/countersigned the Receiver's application. Note: 1. US$ 20,000.00 (Refundable Deposit to be paid by the Seller/Provider Party) to open 3x24 hours (Windows Time) to receive SWIFT MT199 and MT799 PRE-ADVICE. 2. NO SWIFT.COM OR SWIFT.NET OR ALLIANCE MANAGEMENT OR OTHER PLATFORM ACCEPTED. GENUINE & ORIGINAL SWIFT BRUSSELS ONLY. 3. NO PHONE OR EMAIL COMMUNICATION. VIA SWIFT ONLY. 4. NO SWIFT ...
Most Common Real-World Uses in International Trade Trade Scenario Instrument Usually Required Why It’s Used Typical Face Value Duration Commodity deals (oil, metals, grains, sugar) SBLC MT-760 Seller wants 100% payment protection before shipping 100% of contract value or 100% + 10% 1 year + 1 day (or revolving) Pre-export finance / advance payment BG (Advance Payment Guarantee) Buyer pays 10-50% upfront; wants money back if seller never ships Equal to advance amount Until shipment + grace period Construction / infrastructure projects abroad Performance BG (usually 5-10% of contract) + Advance Payment BG Protects owner against non-completion or misuse of mobilizations funds 5-15% of total contract Until project completion or handover Tender/Bid bond Bid Bond BG (1-5%) Ensures bidder will sign contract if awarded 1-5% of tender value Until contract award Large machinery / capital goods export SBLC or Deferred Payment BG Buyer pays over 1-5 years; seller wants bank guarantee instead...