We are currently offering Bank Guarantee (BG) for lease and purchase with the below information:

Issuing Banks: HSBC Bank Plc, London and Barclays Bank London.
Term: Fresh Cut
Age: One(1) Year And One(1) Day
Face Value: 1M to 100B
Lease Price: 5%+2%
Purchase Price: 35%+2%
Detailed Procedure:

1. AFTER DUE DILIGENCE, THE LESSEE/BUYER SHALL FILL, SIGN AND EMAIL THE DOA TO THE PROVIDER.

2. 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 LESSEE/BUYER TOGETHER WITH THE INVOICE FOR THE BANK CHARGES TO THE LESSEE/BUYER. HEREAFTER, THE PROVIDER SHALL SEND  IRREVOCABLE CORPORATE REFUND UNDERTAKING LETTER (ICRUL) TO THE ISSUING BANK  TO ENDORSE AND EMAIL TO THE LESSEE/BUYER.

3. WITHIN TWO (2) BANKING DAYS OF THE LESSEE/BUYER’S RECEIPT OF THE ICRUL, THE LESSEE/BUYER SHALL REMIT PAYMENT OF THE BANK CHARGES TO THE PROVIDER’S NOMINATED BANK ACCOUNT AS STATED IN THE INVOICE. THE LESSEE/BUYER SHALL EMAIL A COPY OF THE BANK WIRE TRANSFER RECEIPT TO THE PROVIDER.

4. WITHIN TWO (2) BANKING DAYS OF THE PROVIDER’S RECEIPT OF PAYMENT OF THE BANK CHARGES, THE ISSUING BANK  SHALL SEND SWIFT MT799 (PRE-ADVISE) TO THE RECEIVING BANK.  

5. WITHIN TWO (2) BANKING DAYS OF THE RECEIVING BANK’S RECEIPT OF THE SWIFT MT799 (PRE-ADVISE), THE LESSEE/BUYER’S RECEIVING BANK SHALL RESPOND BY SWIFT MT799 CONFIRMING READINESS, WILLINGNESS AND ABILITY TO RECEIVE THE SBLC BY SWIFT MT760.

6. WITHIN TWO (2) BANKING DAYS OF THE PROVIDER’S ISSUING BANK’S RECEIPT OF THE SWIFT MT799, THE PROVIDER’S ISSUING BANK SHALL SEND THE SBLC SWIFT MT760 TO THE LESSEE/BUYER’S RECEIVING BANK.

7. WITHIN TWO (2) BANKING DAYS OF THE LESSEE/BUYER’S RECEIVING BANK’S RECEIPT, AUTHENTICATION AND CONFIRMATION OF THE SBLC SWIFT MT760, THE PROVIDER SHALL EMAIL AN INVOICE FOR THE PAYMENT OF THE LEASE/PURCHASE FEE TO THE LESSEE/BUYER.

8. WITHIN FIVE (5)  BANKING DAYS OF THE LESSEE/BUYER’S RECEIPT OF THE PAYMENT INVOICE, THE LESSEE/BUYER SHALL REMIT  THE LEASE/PURCHASE FEE TO THE PROVIDER’S NOMINATED BANK ACCOUNT AS STATED IN THE INVOICE AND SIMULTANEOUSLY REMIT THE AGENT’S COMMISSIONS TO THEIR RESPECTIVE BANK ACCOUNTS IN ACCORDANCE TO THE IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA). THE LESSEE/BUYER SHALL EMAIL A COPY OF THE BANK WIRE TO THE PROVIDER AND THE AGENTS.

9. WITHIN TEN (10) BANKING DAYS OF RECEIPT OF PAYMENT BY THE PROVIDER AND AGENTS, THE PROVIDER’S ISSUING BANK SHALL DELIVER THE SBLC HARD COPY TO THE LESSEE/BUYER’S RECEIVING BANK VIA BANK BOND COURIER.

10. ALL SUBSEQUENT TRANCHES WILL BE BASED ON THIS SAME PROCEDURES UNTIL THE FACE VALUE  BECOMES EXHAUSTED.

SHOULD LESSEE/BUYER DEFAULT TO PAY THE LEASE/PURCHASE FEES AND AGENT’S COMMISSION WITHIN FIVE (5) INTERNATIONAL BANKING DAYS OF LESSEE/BUYER’S RECEIVING BANK’S CONFIRMATION OF THE STANDBY LETTER OF CREDIT (SBLC) SWIFT MT760, THE PROVIDER SHALL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE  STANDBY LETTER OF CREDIT (SBLC) THEREBY FORCING THE LESSEE/BUYER’S RECEIVING BANK TO RETURN THE STANDBY LETTER OF CREDIT (SBLC) TO THE ISSUING BANK.