Greetings. We have a real Bank Guarantee (BG) and SBLC provider
and
below is their closing Procedure and the rate price is
*3*2%';
1. After successful due diligence, Provider countersigns LOI and
returns to Buyer with Details of Issuing bank, passport copy,
etc. This LOI automatically becomes a full commercial
recourse contract. Both parties shall lodge
the executed contract with their respective banks.
2. Within 2 Banking days, Buyer arranges and confirms its Bankers
are Ready, Willing and Able (RWA) via BANK TO BANK SECURED FAX or
MAIL CONFIRMATION STATING THAT AFTER THE SWIFT MT **0
IS RECEIVED THE TOTAL PURCHASE PRICE WILL BE SENT THROUGH MT
**3 IMMEDIATELY WITHIN *- 3 BANKING DAYS
3. Within 2 banking days, Providers bank shall send Pre-Advice
Swift MT***9 to Buyers bank. (Pre- advice shall be valid
for (4) four banking days only).
4. Within 3 banking days, Buyers bank confirms Pre-advice and
shall reply with Bank Payment Undertaking via Swift
MT***9
5.. Within 3 banking days Provider s Bank shall send the
Instrument by MT***0. Buyer s bank confirms and verifies BG Swift
MT**0;
6. Within 3 banking days, upon Validation and Authentication of
delivered SWIFT BG MT**0, Buyer s pay the Total Fees and
Consultants commissions in full by Swift MT***3 or Fed
Wire transfer.
7. Within 7 banking days after receiving the payment, Hard copy
will be sent to Buyer s bank by bank-bonded courier. Trenching
continues until contract is fully completed
