MT 110 SWIFT

TRANSACTION PROCEDURES

1.    BOTH PARTIES SIGN AND INITIAL THIS AGREEMENT WHICH THEREBY AUTOMATICALLY BECOMES A FULL RECOURSE CONTRACT.

2.    THE PARTY A (THE PROVIDER) WILL DELIVER THE SOFT COPY OF THE BANK CHECK TO PARTY B’S DESIGNATED BANK AND AT THE SAME TIME SEND MT 110 SWIFT TO PARTY B’S ACCOUNT.

3.    THE PARTY B WITHIN 3 (THREE) BANKING DAYS OF RECEIPT AND VERIFICATION OF THE SWIFT

MT 110 MAKES PAYMENT OF THE 55% +2% TO THE NOMINATED ACCOUNT OF PARTY A AND COMMISSION OF 2% TO THE ACCOUNTS OF ALL INTERMEDIARIES AS PROVIDED , BY SWIFT MT103

4.    UPON RECEIPT OF THIS PAYMENT,  PARTY A THROUGH ITS BANKERS SHALL DELIVER  THE ORIGINAL HARD COPY TO PARTY B’S  BANK BY SECURE BANK COURIER WITHIN 3 (THREE) BANKING DAYS  OF PAYMENT.

THE PROVIDER AND BENEFICIARY AGREE TO THE FOLLOWING BANKING CO-ORDINATES

PERTAINING TO THE AGREEMENT HEREIN:

NOTE:  NON PERFORMED PARTY WITH THE TIME SCHEDULE WILL PAY PENAULTY OF 2% OF THE CONTRACT VALUE AND HIS PASSPORT WILL BE LODGE FOR INTEROGATION WITH FBI/ICC/INTERPOL

RECEIVER’S BANK CO-ORDINATES TO RECEIVE THE ORIGINAL BANK DRAFT’S / TO ISSUE MT 103:

IMPROPER RELEASE OF THE ABOVE BANKING INFORMATION, FOR ANY REASON, WITHOUT THE

WRITTEN PRIOR AUTHORIZATION OF OTHER PARTY, SHALL BE CONSIDERED AS  A BREACH OF CONTACT AND WILL MAKE THE DEFAULTED PARTY TO BE ACTIONABLE FOR DAMAGES SUSTAINED HEREBY. PARTIES ARE NOT ALLOWED TO CONTACT THE OTHER PARTY’S BANK WITHOUT

LC

PAYMENT TERMS :

7.1 Payment shall be by Irrevocable LC At Sight Ex works / SBLC / TT / MT 103 / cash as follows:-Upon collections / Partial Deal or Delivery :-

7.2 0% deposit by cash / TT / MT 103 upon signing Agreement within 3 - 7 (Three to Seven) working days after Buyer’s Inspection and before delivery only.

7.3 100% block fund MT 799 and shall be Payment by swift Irrevocable LC at sight ex work / SBLC and shall be released upon partial delivery of products

PROCEDURES

17.1 Seller issues the working draft contract (this document) in favour of the Buyer for editing, minor changes or acceptance.

17.2 Buyer returns accepted draft contract duly signed, initialled and sealed to the Seller via e-mail with a specimen of financial draft for Seller/Seller’s Bank Approval of payment. (Appendix “C”)

17.3 Seller. reviews, accepts and returns a fully executed final sales Contract, signed, sealed and locked in for quantity and price in PDF format via e-mail to the Buyer which becomes hard copy for Buyer and Seller’s banks.

17.4 Within three (3) International banking days, after signing of fully executed Contract, the Buyer's Bank: xxxxxxx shall issue to Seller’s Bank KASIKORNBANK PUBLIC COMPANY, Thailand, as per Seller’s Bank detail, as swift Irrevocable LC At Sight Ex works or a transferable documentary cash MT 103 or other agreed instrument for payment partial’s inspection in first shipment value at USD16,000,000.00(Sixteen million United States Dollars Only.)

17.5 Shall be paid after partial delivery or collection to product values of second shipment and continuous of each shipment until all collection exhausted till the expire date of this agreement.

17.6 Seller will provide security place and tools for inspection until proof of product.

17.7 Seller sends title to buyer via email within 1-3 days after confirming bank instrument.

17.8 Seller to issue 0% insurance in favour of buyer.

17.9 Delivery(s) commence as per Agreement between Buyer and Seller AS PER UCP 600 (SIX HUNDRED) INSTRUMENTS (STANDARDS) AND CODE FOR FINANCIAL ANY REVISIONS AS SET BY THE INTERNATIONAL CHAMBER OF COMMERCE (ICC). ANY DEVIATION FROM THE ABOVE PAYMENT TERMS IS SUBJECT TO ACCEPTANCE BY THE SELLER THE BUYER CAN CLAIM NO RESPONSIBILITY IN THE EVENT THAT ACCEPTANCE OF THE FINANCIAL INSTRUMENT IS REFUSED.

Sblc Procedure - hsbc London

STANDBY LETTER OF CREDIT (SBLC) TRANSACTION PROCEDURES
i.    The Buyer shall submit CIS, Passport, Bankers Card, LOR, fill, sign and email the DOA to the Provider.

ii.    After due diligence, the provider shall fill and countersign the DOA “Hereby the DOA shall be rendered as a full recourse contract”. The Provider shall email a copy of the Contract to the Buyer.

iii.    Within two (2) banking days, the Buyer sends proof of funds or credit line confirmation (BCL) to provider.

iv.    Within two (2) banking days of the Provider’s receipt of BCL, the Provider shall advise the issuing bank officer to send MT799 (Pre-advise) to the Buyer’s receiving bank.

v.    Within two (2) banking days of the Buyer bank’s receipt of the MT799, the Buyer’s receiving bank shall respond with BPU to providers nominated bank.

vi.    Within two (2) banking days of the Buyer’s bank deliver BPU to the Provider’s nominated bank, The provider shall issue MT760 SBLC to the Buyer.

vii.    Within seven (7) banking days of the Buyer’s receipt of the MT760 SBLC Swift from the Provider bank, the Buyer shall remit payment via wire transfer to the Provider’s nominated bank account as stated in the Corporate Invoice and simultaneously remit the payment of the agent’s commissions via wire transfer to their respective bank accounts in accordance to the Irrevocable Master Fee Protection Agreement as stated in the Contract. Copies of the wire transfer receipts shall be emailed to the Provider and Agents for confirmation.

viii.    Should Buyer default to pay the Purchase fees and Agent’s Commission within seven (7) banking days of the buyer receipt of the Corporate Invoice from the Provider, the Provider shall instruct the issuing bank to put a claim on the Standby Letter Of Credit (SBLC) hereby forcing the Buyer receiving bank to return the Standby Letter Of Credit (SBLC) to the issuing bank immediately.

ix.    Within fifteen (15) banking days of the Provider and Agent’s receipt of payment, the Provider issuing bank shall deliver the Standby Letter Of Credit (SBLC) Hard Copy to the Buyer receiving bank via bank bond courier.

Small Cap Trade Program

1M+ CASH Small Cap Ping Trade Program
Returning 70% Net to Client Every Month
January 2019

All Major (top 100) Banks in Any Country Minimum: 1M USD

- No SWIFT - No Administrative Hold - No Moving of Funds
Client account is monitored daily through electronic pings client is only required to maintain committed account balance. If the account balance drops below the committed amount, the trade will immediately stop and no additional profits will be paid.

Estimated Return:
70% (approx.) per month Net return to the client, payable bi-weekly for
40 weeks. Commission of 2% split evenly among direct consultants. Procedures:

- Client completes and provides a KYC hand signed in blue ink and Passport - A Proof of Funds and - A legible copy of their bank officer's business card.

Compliance normally takes around 5 business days. Once the client passes compliance, a trade contract will be sent to the client. - KYCs Submitted in January will be in trade during 2019.
#business #trading #funding

email: gwe.ltd@outlook.com

Sblc Procedure

1.   Provider and Receiver sign DOA, which thereby automatically becomes a full recourse contract after Provider has accepted Receiver’s application. 2.    Within Two banking days after both parties sign the DOA, Provider submits the DOA to their bank, Provider also sends a copy of the signed DOA, Invoice, Refund undertaking letter to Receiver. Receiver also submits the DOA to their bank 3.    Within Two Banking days of receiving copies of the final DOA, Invoice and Refund undertaking, Receiver pays the Liquidation and bank auditors handling charges and sends the transfer confirmation copy to Provider for his confirmation. 4.    Within Three banking days after confirmation of the Liquidation and auditors bank handling charges, Providers Bank sends MT799 and MT760, the MT760 will be sent on the same day or on the next day. 5.    Provider sends copies of the swift MT799 and MT760 to Receivers for confirmation. Receiver pays the broker fees to the brokers within Ten banking day of receiving the MT760. Providers Bank sends Hard copy of the BG or SBLC within Seven banking days to Receiver bank by bonded courier. 6.     Receiver pays to Provider all fees due within Twenty-One Banking days after Hard copy of MT760 is delivered 7.   Should Receiver default to pay according to as agreed in the DOA, the Provider will instruct the Issuing Bank to put a claim on the BG or SBLC thereby forcing the Receiver's Bank to return the BG or SBLC by SWIFT MT760 to the Issuing Bank. 8.     After Thirty banking days Provider will refund back to Receiver the Liquidation and auditors bank handling charges to Receivers provided account. LIQUIDATION OF BLOCKED CASH ASSET AND EXTERNAL AUDITORS’ FEES FOR FC BG/SBLC (MT799 AND MT760). Liquidation/external auditors’ fees  for      1M   to    20M is USD/EUR       50,000.00 Liquidation/external auditors’ fees  for    21M   to    50M is USD/EUR       75,000.00 Liquidation/external auditors’ fees  for    51M   to  200M is USD/EUR     100,000.00 Liquidation/external auditors’ fees  for  201M   to  500M is USD/EUR     150,000.00 Liquidation/external auditors’ fees  for  501M   to      1B is USD/EUR     300,000.00 MONETIZING In case Receiver option for Provider assistance to get a Monetizing Company who will Monetize the MT760 for the Receiver; Then the Provider will be responsible to get a Monetizing Company who will help Receiver to Monetize the MT760 in form of a Non-refundable Funding to Receiver for value of 100% of the MT760, with one year only interest rate of 4% and a one time processing fee of 1% which are only to be paid after Monetizing Company Monetizes the MT760 and grants the Non-recourse and Non-refundable funding to the Receiver. If the Monetizing Company is unable to monetize the MT760 and grant Non refundable funding to the Receiver within seven banking days of receiving the MT760 from Provider, the Provider will be liable to refund any fees paid by Receiver and will be liable to pay the 1% non performance penalty. 
email: spz.resources@gmail.com

Bank Cashier's Cheque PROCEDURE

1. Both parties sign this Agreement with full bank coordinates, color copy of signatory‘s passport, and company Business Registration. Both parties lodge their agreement in respective bank which becomes a formal legally binding Contract between both parties. On both sides after signing this agreement becomes a legally binding agreement, both parties to their Banks and for the record. 2. After signing this agreement, Within 24-48 Banking hours, Buyer bank's officer will arrange via bank Email or Fax to issuing (seller) bank officer and confirm a window time with its bank officer Buyer’s bank Officer to contact Seller's Bank Officer by direct bank phone call.  During this bank-to-bank phone call, Buyer's Bank Officer will confirm that his client are Ready, Willing and Able to receive irrevocable Bank Cashier's Cheque (BCC) by SWIFT MT-110-202. Seller's bank officer will confirm his client readiness and financial capability to issue irrevocable Bank Cashier's Cheque by MT110-202 and it is callable at expiration date. (A). Buyer's bank officer confirm and makes bank commitment that upon receipt and authenticate irrevocable Bank Cashier's Cheque and MT110-202 within five banking days make a payment. Further Confirm That These Funds Are Good, Clean, Cleared, Unencumbered And Legitimately Earned Funds Of Non-Criminal Origin And Freely Available. (B). Seller's Bank confirm this Irrevocable Bank Cashier's Cheque is unconditionaly payable MT110-202 and is a Binding and Fully Performed Bill and is Callable upon Maturity Date of this Bank Cashier's Cheque. This Irrevocable, Divisible, Assignable, Transferable And Callable And An Operative Bank Instrument And Is Subject To The Uniform Custom And Practice For Documentary Credit In Accordance With The ICC, Paris France And Publication No.500. No.600. No.758.  　　 3. After both side's bank officer confirmation to each other : Seller’s bank issue SWIFT MT110/202 to Receiver's Bank and send the copy of the MT110/202 copy to the Buyer immediately (email and XXXXX) 4. Upon receipt and verified of the Bank Cashier's Cheque and MT-110 -202 from Seller's bank. Buyer within 5 banking days pay to XX% of face amount value of Bank Cashier's Cheque and pay XX% of the face value of Bank Cashier Cheque to the intermediaries of both parties. 5. Upon received payment by buyer. Seller within 5 Banking days shall via bank to bank courier send Bank Cashier's Cheque orginal hard copy to buyer's Bank. 6. After the completion of the deal, the subsequent tranche shall be according to above agreed procedure from 2-5 step. Until the whole amount of contract will be exhaust.