Explanation – Leasing a Bank Guarantee Instrument

LEASING OF BANK INSTRUMENTS Bank Guarantee (BG), Stanby Letter of Credit (SBLC), Certificate of Deposit (CD), Proof of Funds (POF)

Guaranteed delivery to your bank within 3 days of clear contract via SWIFT MT799 and SWIFT MT 760 followed by hard copy delivery via bonded courier within 7 days.

Leasing Fees of 4+2% is required to be paid only within 7 banking days after your bank is in possession of the hard copy and has verified the instrument.

Bank Guarantees and SBLCs are construed, governed and issued in accordance with the rules, regulations and practices as set forth by the International Chamber Of Commerce (ICC), Paris, France, publication 500, latest revision by major World Banks.

FLEXIBLE VERBIAGE OF YOUR SWIFT MT799 AND MT760 We have a new possibility to issue instruments from a bank which will accommodate any reasonable verbiage which is structured around the fact that the instrument will be issued to the benefit of the applicant/client and which is sent to the applicant/client’s own bank/account. As long as these issues are attended to, any reasonable verbiage can be arranged.

Please contact us if you have any further questions on the emission of BG, SBLC, DLC or MTN.