Sell Fresh Cut BG FOR SALE 40+2%

详情

Instruments: � � � � � � �Fully Cash Backed/Bank Guarantee (Standard ICC format)
Age: � � � � � � � � � � � � �Fresh Cut
Interest Rate: � � � � � � Zero Coupon
Term: � � � � � � � � � � � � One (1) years and One (1) day
Currency: � � � � � � � � � �Euro
Bank Menu: � � � � � � � � Top *5 Western European Banks
�Amount: � � � � � � � � � � � XXXX Euro with rolls & extensions
�Invoice Price: � � � � � � � �Forty (*0%) Percent of the Face Value
Intermediary Fees:����������� Two Percent (2%) of Face Value payable by Buyer
First Tranche:������������������� Negotiable.
Subsequent tranches:������� As per agreed tranching schedule
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Delivery:�������������������������� Issuing Bank sends PRE-ADVICE SWIFT MT***9/Buyer�s Bank sends ICBPO SWIFT MT***9/Issuing Bank sends instrument via SWIFT MT***0.
� Hard copy of Instrument will be delivered to Buyer�s Bank via Bank Bonded courier within 7 banking days after receipt and authentication of payment.
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Payment: � � � � � � � Within 7 banking days after receipt and authentication of SWIFT MT***0, Buyer�s Bank will release payment to Seller�s Bank via SWIFT MT***3 in accordance with terms and conditions in Buyer�s SWIFT MT**9 ICBPO.


TRANSACTION PROCEDURES��
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1. Buyer submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account), Enlarged **0% Colour copy of Passport , Client Information Sheet , Certificate of Incorporation (if applicable), Corporate Resolution (if applicable), Non-Solicitation Statement, and an Irrevocable Fee Protection Agreement
2. After�conducting due diligence, the Seller will countersign the LOI and return it to Buyer including details of the BG Issuing bank, and Seller�s Passport copy. This LOI automatically becomes a full commercial recourse contract. Both parties shall lodge the executed contract with their respective Banks and Buyer will be required to acquire customer status with our bank by opening a business account with us (issuing bank).

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1. Within two (2) banking days, the Seller�s Bank shall send a PRE-ADVICE SWIFT MT***9 to the Buyer�s Bank. (EXHIBIT A ) �The PRE-ADVICE shall be valid for� four (4) banking days only.
2. Within the same banking day, the Seller shall email a courtesy copy of the PRE-ADVICE SWIFT �MT***9 to the Buyer for confirmation. Within three (3) banking days after authentication of the PRE-ADVICE SWIFT MT***9,the Buyer�s Bank shall reply and send a �SWIFT MT***9 ICBPO ( EXHIBIT B ) to the Seller�s bank and a courtesy copy shall be sent �to the Seller�s email.
3. Within three (3) banking days, after authentication of the Buyer�s SWIFT MT***9 ICBPO, the Seller�s BG Issuing Bank shall send the Bank Guarantee via SWIFT MT***0 to the Buyer�s Bank� ( EXHIBIT C ) and a courtesy copy shall be sent to the Buyer�s email. The Buyer�s bank verifies and authenticate the BG sent via SWIFT MT***0.
4. Within three (3) banking days, after authentication of the BG sent via SWIFT MT***0, the Buyer shall send payment to the Seller via SWIFT MT***3 and concurrently pay Consultants commission fees of Two Percent of each tranche face value. Courtesy copies of the commission payments shall be sent to the respective consultants/beneficiaries and their paymasters.
5. Within seven (7) banking days after authentication of receipt of payment to the Seller, the Seller�s BG Issuing Bank shall send the hard copy of the BG to the Buyer�s Bank� via Bank Bonded Courier.
6. All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.
7. Any unauthorized calls by any party or its representative lawyers to probe or communicate in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.

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Should Buyer default to pay the fees to the Seller and the Intermediaries fees as agreed on this contract within the allowed number of days onauthentication of SWIFT MT***0, the Seller shall instruct the BG Issuing Bank to put a claim on the BG thereby forcing the Buyer\'s Bank to return the BG SWIFT MT***0 to the issuing Bank.
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SANCTIONS FOR NON PERFORMANCE
After this contract is signed by both Seller and Buyer, and copies exchanged electronically or otherwise by a delivery service, failure to follow the closing procedure in time and form herein is considered breach of this contract and puts the failing party in default position to pay a onetime penalty fee of 1% of the first tranche of the contract to the suffering Party.�





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