DEAR ALL The Receiver is Looking forward to Lease BG SBLC 500M > PLEASE SEND ME DOA FOR LEASE BG SBLC WHICH PROCEDURES ARE AS FOLLOWS: TRANSACTION PROCEDURE: 1.RECEIVER submits Letter of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account. Show More...
DEAR ALL The Receiver is Looking forward to Lease BG 500M > PLEASE SEND ME DOA FOR LEASE BG WHICH PROCEDURES ARE AS FOLLOWS: TRANSACTION PROCEDURE: 1.RECEIVER submits Letter of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account. 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 2 days of receivering the signed contract, the Receiver shall instruct the receiving bank to issue BCL POF MT199 via Swift to the Issuer's designated bank for verification. (as per Appendix A). 4.Within three (3) banking days, upon verification of the BCL POF MT199, Seller will instruct the issuing bank to issue and deliver the Bank Guarantee by Pre-advise MT799 199 MT760 to Receiver's designated bank for verification and authentication (as per Appendix B). And OR the Seller will send MT799 to buyer's bank and the buyer's bank will reply with Bank Payment Undertaking (BPU). 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 8% +2% consultant fee to their respective bank accounts as agreed herewith via MT103 6.Within Seven (7) banking days, after receipt of full payment of the issuing fees 10%, the Issuer's bank will deliver the hard copy of the bank instrument to the Receiver's bank by bank bonded courier.
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