www.bg-sblc.com

PROVIDER MOVE FIRST ( STRICT PROCEDURE )  

Here is FC BG 44+3 .Seller goes first before buyer's MT799. Please read below.   

BG / SBLC  FOR  PURCHASE OR LEASE  

We are able to get the SBLC issued from Europe with provider sending pre-advice first before BPU.  

Interested revert back with the LOI + BCL/RWA LETTER  for initial DD.  

DOA will be sent only after the initial DD, so please do not ask.  

The Buyers Settlement Bank has to be a "A+ or better" rated Major Bank  

Instrument Description:  

1.      INSTRUMENT TYPE - SBLC  / BG  

2.      TERM - OPERATIVE, IRREVOCABLE , ASSIGNABLE AND       

CONFIRMED                                                                

3.      AGE- ONE YEAR AND ONE DAY  

4.      ISSUING BANK- Barclays Bank  

5.      INTEREST RATE - ZERO COUPON  

6.      PRICE (Purchase) - 44% OF FACE VALUE  

7.      PRICE (Lease) - 10% OF FACE VALUE  

8.      COMMISSION - 2% + 1% OF FACE VALUE  

9.      CURRENCY - EUROS / USD  

10.  CONTRACT - CAN BE DONE:  

PROCEDURES  

-  LOI - CIS – PP- BCL/RWA LETTER FROM RECEIVING BANK.  

LETTER OF INTENT

DATE:       

TO: 

RE:  Purchase/ Lease of Bank Instrument

TRANSACTION CODE: To be provided via Purchase Agreement

Dear Sir,

I, _____________________, the undersigned, representing _________________ hereby confirm under penalty of perjury, my full commitment and agreement to purchase a Bank issued instrument in the amount of __________  Euros (€), subject to my acceptance of the terms, conditions and procedures that shall be outlined by contract.

DESCRIPTION OF INSTRUMENT

•        Instrument:                                 BG / Standby Letter of Credit

•        Total Face Value:                       Hundred Million Euros (€) - Cashed Backed

•        Issuing Bank:                    

•        I.S.I.N/CUSIP #:                        

•        Term:                                 One Year, One Day

•        Purchase Price:                           percent (44%) of Face Value PLUS 3% FACE –BUY-SIDE SELL

•        Lease Price:                                percent(15%)  of Face Value PLUS 3% FACE –BUY-SIDE SELL

SIDE CONSULTANTS

•        Financial Consideration:            €……………. MILLION EUROS TOTAL

•        Delivery:                                     TO BE AGREED BETWEEN PARTIES

•        Payment:                                    to Coordinates as Detailed

•        Commission:                              THREE Percent (3%) of Face Value Paid by the Buyer

Furthermore, I hereby warrant and represent that I have available funds in the amount required for the purchase of said Bank Instrument. The funds are clean, clear funds, free of any levy, liens or encumbrances and of non-criminal origin.  I hereby warrant and represent that the Rule of Full-disclosure has established these funds were legally obtained from non-criminal business or actions.  I further confirm that I am the beneficial owner of these cash funds and that I have full signatory authority and control thereof, and that such funds are available for immediate use at my sole discretion.

I am prepared to instruct my bank to act upon the xxxxxx,000,000.000 Instrument as required.

I, the undersigned, hereby swear under penalty of perjury, that the information provided herein is accurate
and true as of this date:.