Bank Guarantee Monetization (BG) – Leased

Instrument & Service Description:

Complete Non Recourse Bank Guarantee Monetization of Leased BGs.

We offer 3 types of Bank Guarantee Monetization settlement methods:

1/ Bank SWIFT - We use the Bank SWIFT Network to have the Bank Guarantee (BG) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.

2/ Euroclear - We use the Euroclear Network because the Euroclear settlement process is fast, transparent and uses the Free Euroclear Delivery process so Clients DO NOT incur any SWIFTING FEES or Delays. Euroclear is a well established European financial transaction settlement network that was founded in 1968 by JP Morgan and continues to operate successfully employing over 3500 people today.

3/ DTCC - On some deals we now also accept delivery of the  Leased Bank Guarantees (BG) by DTC also known as DTCC (The Depository Trust & Clearing Corporation). The advantage of DTC is that clients using this process to deliver a  Leased Bank Guarantees (BG) DO NOT incur bank SWIFTING FEES. DTC is a well established International business that was founded in 1999 and in 2015 was recorded as settling 1.5 Quadrillion Worldwide making its the highest value securities settlement processor in the world.

finanscredit groups Bank Guarantee Monetization services are ideal for clients looking to Discount, Monetize, or create an immediate Non Recourse loan against a Leased Bank Guarantee (BG) that they control. The Bank Guarantee Monetization process for Leased Bank Guarantees (BG) issues Non Recourse funds to the Client shortly after the Bank Guarantee (BG) is delivered to the Monetizer.

Important: Our contracts also include the monetizer returning the Leased Bank Guarantee (BG) to the Issuing bank 15 days prior to the Bank Guarantees (BG) expiration. This is a critical requirement of most Leased Bank Guarantee Issuers.

Bank Guarantee Monetization LTV:

• 10 to 49M Bank Guarantees - 45% to 55% Non Recourse
• 50M+ Bank Guarantees - 55% to 65% Non Recourse

Estimated Completion Time:

• 7 to 14 Days after all documents are signed and verified or 3 to 4 Days After Instrument Delivery on the SWIFT or Euroclear Networks.

Closing Process - SWIFT

1. After execution of the Bank Guarantee Monetization contract by both parties the Client will instruct his bank to send SWIFT MT799 to the bank coordinates provided by the Monetizer.
2. The Monetizers bank on receipt of the SWIFT MT799 from the clients bank will reply with a SWIFT MT799.
3. On receipt of the Monetizers bank SWIFT MT799 the Clients bank will deliver the Bank Guarantee (BG) by SWIFT MT760 to the Monetizers bank.
4. Upon receipt, confirmation and delivery of the SWIFT MT760 the Bank Guarantee Monetizer will within maximum four (4) banking days grant a Non Recourse Loan for the LTV as agreed from its nominated bank to the Client.
5. The Bank Guarantee Monetizer agrees to return the Bank Guarantee (BG) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.

Closing Process - Euroclear:

1. After execution of the Bank Guarantee Monetization contract by both parties the Client will instruct his bank to assign the Bank Guarantee (BG) using FREE Euroclear Delivery to the bank coordinates provided by the Monetizer.
2. The Clients Banker shall immediately email a certified Euroclear execution receipt of the Bank Guarantee (BG) delivery to the Monetizer.
3. Upon receipt and confirmation of the Euroclear assignment and delivery, the Bank Guarantee Monetizer will within maximum three (3) banking days grant a Non Recourse Loan for the LTV as agreed from its nominated bank to the Client.
4. The Bank Guarantee Monetizer agrees to return the Bank Guarantee (BG) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.

Example:

The Bank Guarantee (BG) is issued with a Value of: $100,000,000,000

The Bank Guarantee Monetization (BG) is Non Recourse at 65% LTV being: $65,000,000,000

The Client is paid $65,000,000,000

Documents Required:

1. Download the Bank Guarantee Monetization Application Below for Leased BGs.
2. Complete all pages of the Bank Guarantee Monetization Application and email it to: Admin@SecurePlatformFunding.com

Critical Compliance Criteria:

• Accepted Criteria: The Leased Bank Guarantee (BG) MUST be from a Rated Bank and Delivered by SWIFT or Euroclear
• Rejected Criteria: Any Leased Bank Guarantee (BG) on the Banned Assets or Banned Providers List is Rejected.

Client Standards:

finanscredit group requires clients meet key standards and pass compliance in order for us to consider working with them. We do not accept all clients because doing business with Secure Platform Funding is a unique Privilege given solely to real, genuine, authentic clients, not a Right that is attainable by all. View our required Client Standards here.

Summary:

We solely deal with real deals, real people and real Leased Bank Guarantees (BG) that need real Bank Guarantee Monetization. The Euroclear and the Bank SWIFT Network is the Gold Standard that validates that your Leased Bank Guarantee (BG) is real and it provides a respected industry platform where guaranteed settlement can be facilitated. Close your successful transaction with finanscredit group.