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Looking to buy SBLC **0 M Euros

  • UAE UAE  
  • Quantity Required: 2 Case
  • Annual Purchase Volume: 12 Case
  • Last Updated:
    Posted on: 16 Mar 2024

  • Buying Frequency: Monthly
Buyer Information

RFQ Details

Our client buying procedures as set hereunder , we are buyer , we are looking for 2 transactions by 500 M _Euros , sequential , with two diffrent reference numbers.

LOI & FPA embedded with our procedures from your side with Non-performing Penalty of 10 Million Euros .
LOI & FPA signed by buyer and send to seller ( 2 days )
MT 799 from seller ( 2 days ) swift to Buyer's bank
ICBPO from the Buyer's Bank to Seller's Bank ( 2 days )
MT 760 from seller's Bank to the Buyer's Bank - the MT 760 should be Unconditioned , assignable , free ( 2 days )
MT 103 from the Buyer ( 10-14 Days)

Notes / Client Instructions
Payment within 10 - 15 Days
NO POF /Letter for verify Fund
One payment Only will be done after receiving the Unconditioned MT 760
rate 40/41 + 2 % ( Buy Side + Your side )
Issuer banks are ( HSBC London , Barclays , DB , Credit Suisse , BNP France )
ICBPO is (Irrevocable Conditional Bank Pay Order) comes from the buyer's Bank and will be swift to seller's Bank
No Payment will be allowed during the transaction or upfront , Only one payment by mt103 after finalizing & closing of the transaction ( These transmissions fees & charges we are ready to pay only after transaction if any , Max 3, 000 Euros will be remit with MT 103 , But we have to know how before commencements )

Kindly get approval on these procedures first on your LOI format


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