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Documents Requirement

  • Identity and address proof (Preferably Passport)
  • Proof of business (Preferably Business Registration Certificate)
  • Business profile
  • Business plan & Cash Flow Projection
  • Profit/loss statements and balance sheets of the previous year.
  • CV of the Applicant.
  • Bank Reference Letter.
  • Previous year's Audit report.
  • Client Information Sheet (CIS)
  • Letter of Intent (LOI)
  • Pro-forma Invoice - Only for DLC
  • Corporate Resolution (CR)
  • Non-Solicitation Statement (NSS)
  • Non-Circumvention and Non-Disclosure Agreement (NCNDA)
  • Irrevocable Master Fee Protection Agreement (IMFPA)
  • Approved SWIFT Verbiage
Bank Securities issued from Top Commercial Banks
Financial Securities issued from Non-Commercial Banks
Restricted Geo Locations
Restricted Industries

Securities for Illegal Mining
Securities for Weapons and munitions
Securities for Alcoholic beverages
Securities for Narcotics & Gambling
Securities for Escort Services
Securities for Multi-level marketing
and few more Prohibited Businesses.

Eligibility Criteria to Get an Bank Security (SBLC & BG)

Applicant Should have at least 5 Years Business Experience in the Industry.

Applicant should have well prepared Business Plan & Cash Flow Projection.

Applicant and Applicant’s Company should have Decent Credit History.

Applicant should have Constant Income flow.

Applicant’s Age between 23 years and 65 years at the time of applying.

A good relationship with your bank, to prove that you may require to submit Bank Reference Letter.

A timely debt repayment history.

Applicant should have an active Trade Account in the same bank from which he/she is applying for the Bank Security (SBLC/BG). NOTE: If you do not have a active Trade account you can open one by yourself or we may assist you to get one.

Applicant must have all the financial documents notarised by a FCA Regulated Law firm based in The United Kingdom (Preferably FCA Firm registered in London) NOTE: If you do not have a FCA Law firm, you may find one by yourself or we may assist you to get one.

A few assets such as FDs, investments, immovable property, etc.

Applicant should not have any Bankruptcy History.

Post execution of the Contract, Applicant should allow us at least 30 banking days’ time to get a Bank Security.

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