All Kinds of Everything

TRANSACTION PROCEDURE 1. Lessor and Lessee execute, sign and initiate the Deed of Agreement, which thereby automatically becomes a full commercial recourse Contract (Agreement). 2 Within three (03) banking days, Provider‘s bank sends RWA via swift MT799 from Provider’s Issuing Bank to Beneficiary’s receiving bank. The Provider shall send a copy of the swift MT799 to Lessee‘s email for record purposes. 3. Within three (03) working days after receiving MT799 RWA from Provider’s Issuing Bank, Lessee shall make a down payment cash  of €250,000.00 (Two Hundred and Fifty Thousand Euros) into Provider’s nominated bank account. 4. Within three (3) working days after receiving and confirming € 250,000.00 lessor shall cause his bank to issue and deliver BG/SBLC by Swift MT760 into Lessee’s bank account. Within Fifteen 15 banking days after receiving and verifying that MT760 (ICC600 or latest version), the Lessee’s bank will release Payment of lease cost and commission by MT103 of ...

Due to issues concerning loss of fees, we have come to an agreement with our providers that all fees be paid directly to issuing bank . In light of this, see below new transaction procedures. Lease fee and purchase fee, remain the same. Issuing bank is Royal Bank of Scotland . Transaction is bank to bank 1) The Receiver sends letter of intent (LOI) to Provider. The LOI should contain copies of Receiver’s passport, Company’s resolution and Client’s Information Sheet (CIS), Company Registration and IMFPA. 2) The Provider countersigns this LOI and returns to Receiver with Provider’s company signatory’s passport, and this LOI automatically becomes a full commercial non- recourse contract. Both parties shall lodge the executed contract to their respective banks.   3)  Within 3 working days the Receiver will provide bank statement not more than a week old, signed by two bank officers showing availability of funds to pay fees 4)  After re...

TRANSACTION PROCEDURES 1. Buyer submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account), Enlarged 140% Colour copy of Passport , Client Information Sheet , Certificate of Incorporation (if applicable), Corporate Resolution (if applicable), Non-Solicitation Statement, and an Irrevocable Fee Protection Agreement . 2. After conducting due diligence, the Seller will countersign the LOI and return it to Buyer including details of the BG Issuing bank, and Seller’s Passport copy. This LOI automatically becomes a full commercial recourse contract. Both parties shall lodge the executed contract with their respective Banks and Buyer will be required to open /activate an account in the Contract Name with the minimum Account  Activation balance of GBP £20.000 with the Issuing Bank which  will enable the client acquire customer status Meanwhile, you may decide to withdraw the deposit and close this account at the end of this t...

CLOSING PROCEDURES :  1. Both parties (Lessor and Lessee) execute,sign and initiate the Agreement. 2. Within 2 banking days after both parties sign the Agreement,Lessee shall issue the bank proof of fund or BCL to the Lessor showing capability to pay for the issuance cost of Swift MT 760 SBLC .The POF or BCL by the bank must not be more than 3 days old upon submission.The Lessor’s bank shall verify the BCL with the Lessee’s Bank via either e-mail,phone calls or Swift Message exchanges. 3. Within 2 banking days upon receipt of the POF or BCL from the Lessee,Lessor shall instruct his bank to issue a Swift Message MT 799 pre-advice  to the Lessee. 4. The Lessee shall verify and authenticate the Swift MT 799 pre-advice and within 2 banking days Lessee shall issue ICBPO  payment guarantee via Swift MT 799 (Appendix 2) to the Lessor.   5.Upon successful verification and authentication of the MT 799 ICBPO ,Lessor shall deliver the Swift MT 760 SBLC (Appendix 1) wit...

Transaction Procedure. 1. Lessee Submits DOA, LOI, CIS, PASSPORT, Current dated Bank Comfort Letter, Copy of    Certificate of Incorporation and Bank Details. 2. Provider will conduct Due Diligence and upon successful Due Diligence the DOA will be     signed/counter signed between lessor and the lessee . 3. The Lessor will then send MT799 pre advice. 4. The Lessee’s bank replies with RWA / ICBPO or payment guarantee of 12+3 % and the     transmission fees, payable in 5-7 business days after MT760 receipt . 5. The lessor’s Bank will then send the MT760 to Lessee’s bank 6. Lessee’s bank does MT103 wire transfer to Lessor’s designated bank accounts within 5-7     business days after MT760 swift receipt After Successful Due diligence, Lessor countersigns the LOI. The Signed LOI becomes a Legal binding Commercial Contract (agreement) between the parties. Both parties shall lodge the agreement in their respectiv...