Bank, the receiving bank, or a third party bank, regardless where your SBLC or BG is going to be stent to, a solution can be structured for your transaction accordingly. Only if you can get this conditional payment confirmation (the Essential Bank Payment Instrument) from an acceptable bank, you can benefit from this SBLC or BG collateral service. Time is of the essence in all aspects of this transaction! The collateral borrowing and lending term expires 15 days prior of the maturity date of the Bank Guarantee or Standby Letter of Credit. At that time you can ask for an extension for another year, or have your bank return the financial instrument unencumbered.
No these deals are done with my private bankers on a bank to bank transaction only once I get the KYC back. There can be a account for my fees from the client to pay my fee’s for services
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CONTACT CEO 1+(949) 278-8496
Contact Associate Gabrielle NG 1+(425)336-9958