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Showing posts with the label Non-Recourse Project Funding

Transaction Procedure

1.  The  Project Owner  submits a full intake package in English duly completed in all respects and signed with compliance package including bank rwa letter or a signed leased / owned bank instrument contract between the SBLC provider/issuer and the Project Owner  and/or swift fee payment receipt. 2.  Within two (2) banking days upon receipt of a full intake package, the Project Funder  issues Non-Recourse Project Funding (NRPF) Agreement with beneficiary bank coordinates. 3.  Within two (2) banking days upon receipt of a NRPF Agreement , the  Project Owner  will sign the NRPF Agreement and return to the Project Funder  with full isuing bank coordinates, copies of international passport, and company registration certificate. 4.  Within two (2) banking days upon receipt of the signed NRPF agreement, the Project Funder  will countersign the NRPF Agreement and return to the Project Owner  with copies of...