7/18/17

Closing Procedure Sblc



1.       LESSOR CONDUCTS DUEDE AND COMPLIANCE. AFTER DUEDE AND COMPLIANCE RETURNS POSITIVE SELLER EXECUTES, SIGNS AND INITIAL THIS DEED OF AGREEMENT, WHICH THEREBY AUTOMATICALLY BECOMES A FULL RECOURSE CONTRACT PENDING THE TRANSMISSION OF MT799 POF FOR TRANSACTION ACTIVATION.  
2.       AFTER RECEIVING THE COUNTERSIGNED AGREEMENT, WITHIN 3 BANKING DAYS LESSEE’S BANK WILL ISSUE SWIFT MT799 PROOF OF FUNDS TO LESSOR’S BANK (STATING FUNDS AVAILABILITY TO LEASE THE SBLC). LESSEE SENDS COURTESY COPY OF TRANSMITTED SWIFT MT799 POF TO THE LESSOR FOR TRACING. NOTE: LESSOR’S POF VERIFYING BANK SHALL BE DIFFERENT FROM ISSUING BANK.
3.       WITHIN 3 BANKING DAYS AFTER SUCCESSFUL VERIFICATION AND CONFIRMATION OF THE LESSEE’S BANK SWIFT MT799 PROOF OF FUNDS, LESSOR BANK WILL ISSUE MT799 PRE-ADVISE AND DELIVER THE SWIFT MT760 SBLC TO LESSEE’S BANK FOR VERIFICATION AND AUTHENTICATION IN FAVOUR OF LESSEE.
4.       WITHIN 5 BANKING DAYS AFTER VERIFICATION, CONFIRMATION AND AUTHENTICATION OF THE LESSOR'S SWIFT MT760 SBLC, LESSEE BANK SHALL RELEASE BY MT103 WIRE TRANSFER THE FULL PAYMENT OF 6% TO THE LESSOR, PLUS 2% COMMISSION FEE TO LESSEE’S AND LESSOR’S AGENTS IN THE IMPFA.
5.       WITHIN 5 BANKING DAYS AFTER CONFIRMATION OF RECEIPT OF PAYMENT OF THE LEASING FEES, THE LESSOR WILL DELIVER THE HARD COPY OF THE SBLC MT760 TO THE LESSEE'S BANK VIA BANK BONDED COURIER.

#42467

7/10/17

Non-rated Financial Institutions Accepted

A non-rated financial instrument from any non-retailing, non-banking, non-rating financial institution is very difficult to be monetized. I work directly with a private bank / wealth management firm to develop a Managed Sell / Buy Program that accepts a non-rated MT760 SBLC from most non-rated financial institutions. That is not a monetization. MT760 instrument will be deposited in the custodial account with good Canada bank to invest in a managed sell / buy program that trade in commodities mainly. I am a signatory managing that program.

1. Non-rated Financial Institutions Accepted: Soleil Chartered Bank - New York, General Equity - New Zealand,  Suisse Credit Capital Limited - London, Crown Financial and Merchant Bank - London, PLG Capital Bank - St. Lucia, Estrategia Investmento - Brazil,  Axios Credit Bank - Singapore, Trade Bancorp - Canada

2: Instrument Type: MT760 SBLC

3. Minimum SBLC Amount: 20M USD/Euro

4. Credit Line LTV: 20% Credit Line of Face Value,

5. Fixed Monthly Return: 10%

6. Profit Sharing: 70% to Client, 25% performance fee to program management group and 5% commission to the agents. In other word, Client receives 1.4% net of the face value.

7. Duration: 10 Monthly Payment

8. Receiving Banks: Either Royal Bank of Canada or Bank of Montreal, Canada depending on the issuing financial institution / procedure

9. Documents Required: KYC and bank rwa letter, MT760 swift copy or proof of payment receipt a client has already paid to the non rated financial institution.

10. Procedure
     A. KYC and bank rwa letter, MT760 swift copy or proof of payment receipt. A bank rwa email is accepted.
     B. Contract is signed by both parties
     C. Client sends direct MT760
     D; Client receives 1st payment in a month or 21 banking days.
or 
  A. KYC and bank rwa letter, MT760 swift copy or proof of ayment receipt. A bank rwa email is accepted.
     B. Contract is signed by both parties
     C: Client sends MT799 Pre Advice
     D: Receiver sends MT799 Response
     E. Client sends direct MT760
     F; Client receives 1st payment in a month or 21 banking days.


For educational purpose only, here is the profit sample below:

50M USD SBLC x 20% LTV = 10M Credit Line in a Managed Buy/Sell Program
10M X fixed 10% monthly return = 1M Gross Profit
1M x 70% profit share to client = 700K USD net each month  to the Client
700K x 10 monthly payments = 7M net profit, or 14% net profit of 50M

7/1/17

Non-Rated/Low Rated Blocked Funds LETTER Accepted for Trading

Non-Rated/Low Rated Blocked Funds LETTER Accepted for Trading

Are you frustrated that your non-rated financial institution (Soleil Chartered Bank, General Equity, Suisse Credit Capital Limited, Estrategia Investmento, Standard Commerce Bank and PLG Capital Bank) does not have RMA with the trader/funder's banks you worked with?

Are you also frustrated that your non rated financial institution charges expensive MT799 Pre-Advice fee?

Are you also frustrated that your non-rated financial institution's relaying/advising banks did not respond?

Are you also frustrated that you are not able to get a non rated financial instrument monetized?

We have a GOOD NEWS for you.

Our funding group accept a blocked funds letter or admin. hold letter from a non rated / low rated financial institution for monetizing without any swift or financial instrument requirement.

1. Financial Institutions Accepted: Soleil Charted Bank, General Equity, Suisse Credit Capital Limited, PLG Capital Bank, Estrategia Investmento, Standard Commerce Bank, any good Russia bank, any unrated good financial institution. No iGas or ProSafe accepted.

2. Minimum Blocked Funds Amount: 150M and Up

3. Currency: USD or Euro

4. Type of Blocked Funds: Can Be Any like Company Guarantee, V.Bond, LTV Bond, Real Estate Property, Precious Minerals, etc. 

5. Blocked Funds Letter Validity: One Year

6. No Swifts Required, No bank/financial instrument required. No cash funds required. Asset fund is fine...A blocked fund letter is all we need.

7. Verification/Confirmation: Just make sure issuing financial institution will reconfirm the blocked funds / Adm. Hold letter when the trader/funder's bank will request it.

8. Documents Requirement: KYC and bank rwa letter. No exception, please. See an attached draft rwa letter

9. Non-Recourse Loan LTV: 21%+2%.
   A. 1% NRL cash advance in five bank days / 0.04% Commission
   B: 5% NRL First Monthly Payment /  0.04% Commission
   C: 5% NRL Second Monthly Payment / 0.04% Commission
   D. 5% NRL Third Monthly Payment / 0.04% Commission
   E: 5% NRL Fourth Monthly Payment / 0.04% Commission

  Total: 31.5M NRL,  4M Commission based on 150M Blocked Funds Letter.

Not so many funders can use unrated financial institutions but our funder can. we even can work with Russian banks.

The client can put any bonds, documents on their custodial account, and financial institution/bank says block 200M funds, will be that is all we need. So if you have a bank who willing to help your client with any asset...will be done as blocked funds, not cash funds..the funder's bank will never ask what it is behind the blocked funds.

In this field, we have no direct competition. What we can, no one else can do.

Procedure:
1. KYC and bank rwa letter (see the attached - a draft bank rwa letter for assets and another draft rwa letter for asset)
2. We issue a funding contract if Duede is satisfied.
3. Client signs a funding contract and return it to us.
4. We will countersign a funding contract and return it to client.
5. Client's financial institution issues a blocked funds letter to the client, then the client sends it to us.
6. Funder's bank will contact the issuing financial institution for a blocked funds letter verification and confirmation.
7. Once verified and confirmed, the Funder will monetize a letter and provide a NRL over 3 months.
8. the blocked funds letter will be voided automatically on the maturity.

We welcome honest brokers but they must step out of their way and let the client or legal representative speak to us to move quickly. Honest brokers will be 100% protected.