Description of Instrument: Instrument: Bank Guarantee (BG) Age: Fresh Cut or seasoned
Interest Rate: Zero Percent (0%) Term: One (1) Year and One (1) Day
Issuing Banks: HSBC BANK, BARCLAY, TOP 10 WORLD BANKS. Currency: EURO/USD
Contract Amount: MIN. 5 MIL-
50B
Emission Rate: 50+2% of BG
Face Value
Commission: 2 %
Seller side: ONE Percent (1%) of Face Value (closed) for Buyer’s
side One Percent (1%) of
Face Value open
Mode of Payment: SWIFT MT-
103/MT760
Delivery: SWIFT MT-760 only
followed by Hard copy to be
delivered via Bank courier within
seven (7) banking days
TRANSACTION PROCEDURES
SELLER PROCEDURES
1. Buyer sends letter of intent
(LOI) to the Seller. The LOI
should contain copies of Buyer’s
passport, Company’s resolution
and Client’s Information Sheet
(CIS), Company Registration and
IMFPA. 2. Seller countersigns this LOI
and returns to Buyer with seller’s
company registration and
signatory’s passport, and this LOI
automatically becomes a full
commercial recourse contract. Both parties shall lodge the
executed contract to their
respective banks. 3. After both sides sign the
contract, within 3 banking days, Seller’s bank will send MT-
199/799 (Exhibit B1) to Buyer’s
bank to verify Buyer’s capability
to receive the said BG, Buyer’s
bank reply MT-199/799 (Exhibit
B2) to confirm that the buyer has
full capability to receive the said
BG and able to complete the
transaction which can be verified
by the Seller. Buyer will incur
Bank charges for swift MT799
transmission
FOR MORE DETAILS CONTACT ME
ASAP...PRAVESH BHANDARI
TradeAegea.com is an innovative Mediterranean B2B Marketplace designed to help Aegean (Turkey, Greece, Cyprus) Manufacturers and Suppliers find new business partners from all over the world. To announce your company to the whole world, among other Featured Companies: Simply, add your company description and your company logo. You can easily search through the Company and the Trade Leads directory by both country and industry classifications. Top Sellers, Exporters
Statistics: Companies: 641,900+, Trade Leads: 160,500+, Products: 104,300+, Contacts / Replies: 8,279,800+ There are currently 10629 users online browsing our B2B network. 22:11 GMT, Thursday, May 30, 2024 Privacy Policy Important Notice! TradeHolding.com B2B Network does not provide an escrow service! Any member who asks you to pay for their products by Western Union to an agent of "TradeHolding.com B2B Network" is fraud and should be immediately reported to us. Do not pay anything to any member who states your money will be added to TradeHolding.com safety deposit account!
All Trade Leads / Offers / Products / Company Profiles / Images and other user-posted contents are posted by the user and Greece & Turkey Bazaar and TradeHolding.com B2B Network shall not be held liable for any such content. However, TradeHolding.com B2B Network respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. For concerns, please contact us.