Complete Sale of (Long Term Notes, Letra do Tesouro Nacional / National Treasury Notes of Brazil) Series M, R or Z that are on Euroclear.
This LTN Sale 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.
This Sale process is ideal for clients looking to permanently sell their Brazilian LTN Bond or Note because the FREE Delivery method through Euroclear is the cleanest, fastest and cheapest way to do it!
7 to 14 Days after all documents are signed and verified or 3 Days After Instrument Euroclear Delivery.
1. The Buyer logs onto Euroclear system and confirms that the person who has presented
their passport is truly the owner.
2. Thereafter the buyer sends a pay order to the desk at the bank that placed the LTNs
onto Euroclear and they accept and respond.
3. The buyer contacts the seller and issues a contract for closing. Upon receiving the
fully executed document back the Buyer instigates the sale.
4. The codes on the Current Dated pages then allow the buyer to load the funds into the
Euroclear system and block the LTNs in favor of the sale. The Seller has the option of
having the funds wire transferred to their desired location.
5. The sales transaction takes 3-4 days from beginning to end.
6. Once the funds are released to the
seller the title is then transferred to the new owner’s name.
The LTN is listed on Euroclear with a Value of
Maturity: $80,000,000,000 Real (Brazils Currency)
The LTN is Monetized Non Recourse at 50% LTV being:
$40,000,000,000 Real (Brazils Currency)
The Client is paid the USD equivalent of $40,000,000,000 Real
(Brazils Currency)
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.
We solely deal with real deals, real people and real LTNs that need real sales. Euroclear
is the Gold Standard that validates that your LTN is real and it provides a respected
industry platform where free settlement can be facilitated. Your LTN MUST be on
Euroclear, if its not on Euroclear we are not accept your deal.
With 35 Years of Finance and Banking Industry Experience the finanscredit group Executive Team understands the Banking Industry from the Inside, because members of our Executive worked in the Financial Instruments Department of a World Top 25 Bank. We can Achieve Results others can't because we understand from the Inside, what it takes to close a deal from the Outside!