3/6/17

Purchase sblc



Transaction Procedure:

1.   Buyer issues a full intake package in English duly completed ( specially the informations required in the banking details) in all respects and signed with buyers full banking co-ordinates to include:

1.1       Client Information Sheet (CIS)
1.2       Corporate Resolution (CR)
1.3       Non-Solicitation Statement (NS)
1.4       Non-Circumvention and Non-Disclosure Agreement (NCND)
1.5       Irrevocable Master Fee Protection Agreement (IMFPA)
1.6       Lessee Signatory and Color Copy of Passport
1.8       Lessee Certificate of Incorporation (COI)     
                    
2.   Seller and Buyer execute, sign and initial this Deed of Agreement which thereby automatically becomes a full recourse contract.
3.   After signing the agreement and simultaneously or latest within 2 banking days with the return of the agreement by the buyer, The seller bank will verify the banking information to the buyers bank. If the sellers get correct information sends SWIFT MT799 PRE-ADVICE RWA (Readiness Willing & Able ) via SWIFT to buyers bank ACKNOWLEDGING CAPACITY TO DELIVER BG VIA MT760 to buyers bank, the lessee bank send a MT799 to confirm to be Ready, willing and able to receive the bank instrument.
4.   Seller will issue & deliver the SWIFT MT760 BANK GUARANTEE to buyers bank for authentication & verification of the Bank Guarantee in favor of Buyer.
5.   Within 3 banking days of confirmation and verification of the seller's swift MT760, full payment is released to the seller, after receipt,confirmation and authentication of the buyers BG MT760.
6.   Within 5 banking days after confirmation of receipt of payment of the purchase fees, the seller will deliver the hard copy of the BG MT760 to the seller's bank via bank bonded courier.
#38925

2/24/17

Lease SBLC

TRANSACTION PROCEDURE:

1)   BOTH PARTIES (PROVIDER AND BENEFICIARY) EXECUTE, SIGN AND INITIATE THE DEED OF AGREEMENT, WHICH THEREBY AUTOMATICALLY BECOMES A FULL  RECOURSE CONTRACT.
2)   WITHIN TWENTY FOUR HOURS AFTER BOTH PARTIES SIGN THE AGREEMENT, BENEFICIARY SHALL CONFIRM DEPOSIT OF (2%) ON ESCROW WITH THE DESIGNATED LAWYER] AND RELEASED TO THE PROVIDER (PROVIDER) WITHIN 24 HOURS AFTER SATISFACTORY CONFIRMATION OF SBLC VIA SWIFT MT760.
3)   WITHIN 3 WORKING DAYS AFTER PROVIDER RECEIVES CONFIRMATION OF DEPOSIT 2% SECURITY DEPOSIT ON ESCROW, THE PROVIDER WILL DELIVER A PRE-ADVICE OF THE SENDING OF THE BG/SBLC VIA MT799 SWIFT CONFIRMATION TO THE BENEFICIARY BANK CO-ORDINATES. BENEFICIARY CONFIRMS THE MT799, PROVIDER DELIVERS THE BG/SBLC VIA MT760.
5)   WITHIN 7 BANKING DAYS UPON THE CONFIRMATION AND AUTHENTICATION OF THE MT760, COMPLETE FEES MUST BE RELEASED TO PROVIDER’S DESIGNATED RECEIVING BANK ACCOUNT AND SEPARATE IMFP PRESENTED IN FEE AGREEMENT TO THE INTERMEDIARIES. THE PROVIDER WILL THEN DELIVER THE HARD COPY OF THE SBLC VIA BANK BONDED COURIER IN SEVEN (7) BANKING DAYS. FACILITATOR FEES ARE ALSO REPRESENTED BY THE SEPARATE IMFP.
6)   SHOULD BENEFICIARY DEFAULT TO PAY BALANCE OF THE ‘CONTRACT FEE’S TO THE PROVIDER WITHIN 7 BANKING DAYS AFTER CONFIRMATION OF SBLC MT760 IN BENEFICIARY'S BANK ACCOUNT, PROVIDER WILL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE SBLC THEREBY FORCING THE BENEFICIARY'S BANKERS TO RETURN THE SBLC MT760 TO THE ISSUING BANK.
7)   THE DEFAULTING PARTY PAYS THE PENALTY OF 2% OF FACE VALUE OF SBLC. 50% OF THE PENALTY PAID WILL BE DISTRIBUTED TO THE INTERMEDIARIES/CONSULTANTS OF BOTH SIDES, INVOLVED IN THE TRANSACTION. 

Email:spz.resources@gmail.com
#38717

2/19/17

TRANSACTION PROCEDURE:

1.  Receiver submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account), Colour copy of Passport , Client Information Sheet , Certificate of Incorporation (if applicable), Corporate Resolution (if applicable), Non-Solicitation Statement, Irrevocable Fee Protection Agreement.
2.  After conducting due diligence, the Issuer will countersign & seal the LOI and return it to Receiver with the Issuer’s full banking coordinates.
3. Within 24 hours of receiving the signed contract, the Receiver shall instruct the receiving bank to issue BCL/RWA ACQUISITION OF FINANCIAL INSTRUMENT via MT 799 to the Issuer’s designated bank for verification. (As per Appendix A)
4. Within 72 hours banking days upon verification of the BCL/RWA ACQUISITION OF FINANCIAL INSTRUMENT MT799 on bank to bank basis, Issuer will instruct the issuing bank to issue and deliver the Bank Guarantee by MT760 to Receiver’s designated bank for verification and authentication. (As per Appendix B)
5. Within 3 banking days upon verification and authentication and validation of the Bank Guarantee on bank to bank basis, Receiver bank will effect payment of issuing fee of 40% and 2% consultant fee to their respective bank accounts as agreed herewith via MT103 Wire Transfer.
6. Within 7 banking days after receipt of full payment of the issuing fees 40% and 2% commission to agents, the Issuer’s bank will deliver the hard copy of the bank instrument to the Receiver's bank by bank bonded courier.
7. Should Receiver fails to pay the 40% issuing fees within allowed time stipulated in the agreement after confirmation of BG/SBLC in Receiver’s bank account, Issuer will instruct the issuing bank to put a claim on the bank instrument thereby forcing the Receiver's bank to return the bank instrument BG/SBLC to the issuing bank.
8. Transaction is to continue as per agreed tranche schedule. 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.

Email:spz.resources@gmail.com
#38602