Tag: Bank guarantee.

MT-760 BANK GUARANTEE / STANDBY LETTER OF CREDIT ISSUED BY AAA RATED BANK.

(THIS BG/SBLC CAN ONLY BE USED FOR TRADING: PLEASE READ OFFER CAREFULLY)

A Standby Letter of Credit (SBLC) and Bank Guarantee (BG) is a payment guarantee generally issued by a bank “the issuing bank” on behalf of a client “the applicant” securing payment to a third party “the beneficiary” in the event the buyer fail to fulfill a contractual commitment the issuing bank will release payment to the seller.

When buyers issue Bank Guarantees in favor of seller they demonstrate financial capability to fulfill a contractual obligation. BG also provide payment security to the supplier as he/she prepare to deliver the product to delivery port.

The proposed Bank Guarantee facilitate international transactions, as collateral and credit enhancement. The use of Bank Guarantees provides an advantage to buyers or traders who do not want to make down payment to the seller. BG provide fair trade opportunity to pay for the product on delivery at unloading port. sok channy financial service ltd,provides Bank Guarantees / SBLC for serious commodity traders.

• Payment Guarantee:

Can be issued under Buyer’s instruction in favor of the Seller. Provides payment obligation for the Buyer under a proposed contract.

• Performance Bond:

Issued under the Seller’s instructions in favor of the Buyer as a guarantee of proper fulfillment of contract obligations by the Seller.

Bank instruments:

# MT-760 Standby Letter of Credit (SBLC)

# MT-760 Bank Guarantee (BG)

# MT-799 Proof of Funds (POF) / (Blocked Funds)

#Documentary Letter of Credit (DLC)

AMOUNT AND VALIDITY OF INSTRUMENTS:

Face Value: starting at USD 300,000,000 – USD 700,000,000

Validity: 6 Months or 1 Year and 1 day (with option to extend)

Delivery: By SWIFT

Confirmation: Verification by SWIFT

However, Lessee must show proof of funds that covers the leasing price.

The Bank Guarantees we provide are designed to protect buyer’s commercial interests by eliminating the need to prepay for products or services. It will also discard the need to provide collateral to your bank. Our Bank Guarantee will help minimize your risk and support your cash flow.

LEASING PROCEDURE

1-The lessee submits a letter of intent (LOI) along with deed of agreement (DOA) with full banking coordinates, scanned copy of company registration certificate, scanned copy of passport, Bank statement covering leasing charges and indemnity pay protection agreement.

2-After successful due diligence the provider signs deed of agreement and return a copy to lessee within two (2) banking days. DOA becomes a full recourse commercial contract. Both parties lodge DOA with their respective banks.

3-Provider’s bank issues MT-760 BG/SBLC within two (2) banking days, and provides a swift copy of transmitted BG / SBLC for verification.

4-Lessee confirms transmitted BG/SBLC and pay the Provider the leasing fee and brokers their commission not later than four (4) banking days.

5-A hard copy of the BG/SBLC will be sent via bank bonded courier within Seven (7) banking days.

6-Should Lessee refuse to pay the leasing fees to the Lessor and the brokers commission fees as agreed after (4) banking days of confirmation of BG/SBLC, Provider will instruct the issuing bank to put a claim on the instrument, thereby forcing Lessee’s bankers to release the BG/SBLC to the issuing Bank.

It is important to note that the proposed BG/SBLC cannot be monetized or used in programs such as PPP or loan. For more information about our Trade Finance Program please feel free to contact us.

Should Lessee default to pay the leasing fees to the Lessor and the brokers commission fees as agreed after (4) banking days of confirmation of BG/SBLC MT-760 in lessor’s bank account. Lessor will instruct the issuing bank to put a claim on the instrument, thereby forcing the Lessee’s bankers to release the BG/SBLC MT-760 to the issuing Bank.

The Leased Instruments: (BG) Bank Guarantee (SBLC) Standby Letters of Credit. If you are a potential buyer or trader looking to purchase commodities, we will be delighted to answer any questions you have about this opportunity and to provide you with all the details regarding this services.

Our BG/SBLC Financing can help your trade funded, by providing you with yearly renewable leased bank instruments. We work directly with providers of these instruments.

For more information please feel free to contact us.

email:chong@sokchannyfinancial.com

skype:www.sokchannyfinancial

website:www.sokchannyfinancial.com

Telephone: +855963259237

MT-760 BANK GUARANTEE / STANDBY LETTER OF CREDIT ISSUED BY AAA RATED BANK. NO CONSULTATION FEE, NO ESCROW DEPOSIT,

(THIS BG/SBLC CAN ONLY BE USED FOR TRADING: PLEASE READ OFFER CAREFULLY)

A Standby Letter of Credit (SBLC) and Bank Guarantee (BG) is a payment guarantee generally issued by a bank “the issuing bank” on behalf of a client “the applicant” securing payment to a third party “the beneficiary” in the event the buyer fail to fulfill a contractual commitment the issuing bank will release payment to the seller.

When buyers issue Bank Guarantees in favor of seller they demonstrate financial capability to fulfill a contractual obligation. BG also provide payment security to the supplier as he/she prepare to deliver the product to delivery port.

The proposed Bank Guarantee facilitate international transactions, as collateral and credit enhancement. The use of Bank Guarantees provides an advantage to buyers or traders who do not want to make down payment to the seller. BG provide fair trade opportunity to pay for the product on delivery at unloading port. sok channy financial service ltd,provides Bank Guarantees / SBLC for serious commodity traders.

• Payment Guarantee:
Can be issued under Buyer’s instruction in favor of the Seller. Provides payment obligation for the Buyer under a proposed contract.

• Performance Bond:
Issued under the Seller’s instructions in favor of the Buyer as a guarantee of proper fulfillment of contract obligations by the Seller.

Bank instruments:
# MT-760 Standby Letter of Credit (SBLC)
# MT-760 Bank Guarantee (BG)
# MT-799 Proof of Funds (POF) / (Blocked Funds)
#Documentary Letter of Credit (DLC)

AMOUNT AND VALIDITY OF INSTRUMENTS:

Face Value: starting at USD 300,000,000 – USD 700,000,000
Validity: 6 Months or 1 Year and 1 day (with option to extend)

Delivery: By SWIFT
Confirmation: Verification by SWIFT
However, Lessee must show proof of funds that covers the leasing price.

The Bank Guarantees we provide are designed to protect buyer’s commercial interests by eliminating the need to prepay for products or services. It will also discard the need to provide collateral to your bank. Our Bank Guarantee will help minimize your risk and support your cash flow.

LEASING PROCEDURE

1-The lessee submits a letter of intent (LOI) along with deed of agreement (DOA) with full banking coordinates, scanned copy of company registration certificate, scanned copy of passport, Bank statement covering leasing charges and indemnity pay protection agreement.

2-After successful due diligence the provider signs deed of agreement and return a copy to lessee within two (2) banking days. DOA becomes a full recourse commercial contract. Both parties lodge DOA with their respective banks.

3-Provider’s bank issues MT-760 BG/SBLC within two (2) banking days, and provides a swift copy of transmitted BG / SBLC for verification.

4-Lessee confirms transmitted BG/SBLC and pay the Provider the leasing fee and brokers their commission not later than four (4) banking days.

5-A hard copy of the BG/SBLC will be sent via bank bonded courier within Seven (7) banking days.

6-Should Lessee refuse to pay the leasing fees to the Lessor and the brokers commission fees as agreed after (4) banking days of confirmation of BG/SBLC, Provider will instruct the issuing bank to put a claim on the instrument, thereby forcing Lessee’s bankers to release the BG/SBLC to the issuing Bank.

It is important to note that the proposed BG/SBLC cannot be monetized or used in programs such as PPP or loan. For more information about our Trade Finance Program please feel free to contact us.

Should Lessee default to pay the leasing fees to the Lessor and the brokers commission fees as agreed after (4) banking days of confirmation of BG/SBLC MT-760 in lessor’s bank account. Lessor will instruct the issuing bank to put a claim on the instrument, thereby forcing the Lessee’s bankers to release the BG/SBLC MT-760 to the issuing Bank.

The Leased Instruments: (BG) Bank Guarantee (SBLC) Standby Letters of Credit. If you are a potential buyer or trader looking to purchase commodities, we will be delighted to answer any questions you have about this opportunity and to provide you with all the details regarding this services.

Our BG/SBLC Financing can help your trade funded, by providing you with yearly renewable leased bank instruments. We work directly with providers of these instruments.

For more information please feel free to contact us.

email:chong@sokchannyfinancial.com
skype:www.sokchannyfinancial
website:www.sokchannyfinancial.com

Telephone: +855963259237

 

Lease and Purchase of Bank Guarantee, Standby Letter of Credit, Documentary Letter of Credit with straightforward procedures.

 

Lease and Purchase of Bank Guarantee, Standby Letter of Credit, Documentary Letter of Credit with straightforward procedures.

Lease and Purchase of;

#Bank Guarantee
#Standby Letter of Credit
#Documentary Letter of Credit

sok channy financial service ltd, is a financial service company in Phenom penh in kingdom of cambodia , we assist our clients(mainly corporate bodies) in meeting their financial needs by raising Bank Guarantee and SBLC for lease and purchase which can be used for a variety of purposes like collateral for loans at banks, guaranteeing performance in a contract among other things.

We are also pleased to offer our clients all forms of bank and capital market financing and can combine different project funding methods for particularly complex transactions. Our experience providing financing that involves multiple project funding sources – including multilateral, developmental and export credit institutions – is extensive. When specialized expertise is necessary, we draw on relationships with a team of highly experienced advisers. When coupled with our international capital market relationships, we are perfectly positioned to advise clients on every aspect of the transaction and financing. Our worldwide network of lenders positions us to execute funding on advantageous terms, and to provide funding solutions for funding requirements outside the conventional market.

email:chong@sokchannyfinancial.com
Website: http://sokchannyfinancial.com/
Telephone: +855963259237
Skype: http://www.sokchannyfinancial

 

Our Monetization services are backed by a wealth of experience and unsurpassed expertise, in addition to the most advanced financing solutions available anywhere in the world.

Financial Instruments to be monetized can be owned or leased
We prefer monetization transactions of $100 million or more, but we will accept transactions as low as $10 million transaction amount
Transaction turnaround time normally 10 days or less
Exceptions can be made to minimum transaction
Brokers and intermediaries must have a legally binding agreement
In brokers and intermediary transactions, contact to be between principals after initial introductions

Sok channy financial service ltd, offers bank instrument monetization services for individuals, companies, governments and other organizations (NGOs) for transactions with a $10 million minimum and no maximum limit. Monetization funding is arranged through our network of individual, corporate, private and institutional lenders which include investment banks, merchant banks, private international banks, and trusts. Our Monetization services are backed by a wealth of experience and unsurpassed expertise, in addition to the most advanced financing solutions available anywhere in the world.

We are also pleased to offer our clients all forms of bank and capital market financing and can combine different project funding methods for particularly complex transactions. Our experience providing financing that involves multiple project funding sources – including multilateral, developmental and export credit institutions – is extensive. When specialized expertise is necessary, we draw on relationships with a team of highly experienced advisers. When coupled with our international capital market relationships, we are perfectly positioned to advise clients on every aspect of the transaction and financing. Our worldwide network of lenders positions us to execute funding on advantageous terms, and to provide funding solutions for funding requirements outside the conventional market.

email:chong@sokchannyfinancial.com
Website: http://sokchannyfinancial.com/
Telephone: +855963259237
Skype: http://www.sokchannyfinancial

STANDBY LETTER OF CREDIT (SBLC), Uncategorized and tagged sblc financing, sblc leasing, SBLC leasing terms, sblc project financing, sblc provider, Stand By Letter of Credit (SBLC), Standby Letter of Credit, standby letters of credit, What is a Bank Guarantee (BG).

SOK CHANNY Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit. Others Talk, but SOK CHANNY Financial Limited Delivers. So its time you became a customer of SOK CHANNY Financial Limited so you can feel the difference.

STANDBY LETTER OF CREDIT (SBLC), Uncategorized and tagged sblc financing, sblc leasing, SBLC leasing terms, sblc project financing, sblc provider, Stand By Letter of Credit (SBLC), Standby Letter of Credit, standby letters of credit, What is a Bank Guarantee (BG).

Entering into a commercial or financial transaction always involves certain risks for the seller or the financier. The most serious risk is that of not being paid. There are many methods available to help ensure payment. One such method is through the use of a letter of credit.

Standby letters of credit come in two primary forms: the performance standby letter of credit and the financial standby letter of credit. The performance standby letter of credit works to ensure that work you have agreed to perform is performed in a timely and satisfactory manner.

For example, if you own an architectural firm and are contracted to build a museum, you may be asked to provide a performance SBLC that guarantees that you will finish the plans by the end of your contract term, and that the structure you design is sound and meets all requirements. If, for some reason, you are unable to finish, or your design is deemed unsafe or unbuildable, the SBLC will take effect and pay the museum a preset amount.

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Kindly contact us today for all your financial needs.

NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.

The letter of credit substitutes the credit of a third party, usually a bank, for that of the buyer or debtor. In transactions in which a commercial letter of credit is used, the bank agrees to pay the seller for the goods sold, usually upon presentation of a document stating that the goods have been received by the buyer. In transactions in which a standby letter of credit is used, the bank agrees to pay the financier if the debtor defaults upon his obligation to pay. In both cases, the seller or financier is assured of payment, provided the conditions of the letter of credit are satisfied. Upon payment by the bank, the buyer or debtor is obligated to reimburse the bank.

Skype: http://www.sokchannyfinancial
Website: www.sokchannyfinancial.com
Email: sokchannyfinancialsvc@gmail.com OR
chong@sokchannyfinancial.com

Financial Instruments Monetization

We monetize an expansive range of bank instruments effectively and precisely and usually within ten days, and all with a transparency you’ll find refreshing. We have decades of experience monetizing bank instruments. We can monetize owned or leased bank instruments. Our typical turnaround for monetization is 10 days.

If you’re ready to monetize your bank instruments contact us today Funding to get started today or continue learning about bank instrument monetization.

Bank Instrument Monetization is a low cost, low-risk method of trade finance that monetizes inactive financial instruments by converting them into cash or cash equivalent by liquidating the instruments.

Monetization is quick, easy and is accomplishable using a wide range of financial instruments such as certificates of deposit, corporate bonds and bank guarantees, to name but a few. See a more complete list of financial instruments we can monetize to the right.

This is a partial list of the types of financial instruments we can monetize.

#Corporate Bonds
#Municipal Bonds
#Treasury Bonds
#Treasury Bills
#Bearer Bonds
#Certificates of Deposit
#Letters of Credit
#Standby Letter of Credit
#Bank Guaranty

email:chong@sokchannyfinancial.com
website:www.sokchannyfinancial.com
skype:www.sokchannyfinancial

BANK GUARANTEE / STANDBY LETTER OF CREDIT – MT760

BANK GUARANTEE / STANDBY LETTER OF CREDIT – MT760

The Standby Letter of Credit or SBLC as well as the Bank Guarantee (hereafter ‘Bank Guarantee’) is a payment guarantee generally issued by a bank (the issuing bank) on behalf of a client (the applicant) securing payment to a third party (the beneficiary) for the case that the client fails to fulfill a contractual commitment.

Bank Guarantees demonstrate the client’s repayment abilities and prove his solvency and credit worthiness towards his business partners.

Bank Guarantees are facilitated in international trade transactions, as collateral and as credit enhancement instruments. The use of Bank Guarantees is advantageous for companies that do not want to stake own equity.

channy financial provides all types of Guarantees accepted in international practice:
Payment Guarantee
Issued under the Buyer’s instruction in favor of the Seller. Provides execution of the payment obligation by the Buyer under the contract.

Advance Payment Guarantee
Issued under the Seller’s instruction in favor of the Buyer for advance payment. Provides return of the sum in case goods are not delivered.

Performance Bond
Issued under the Seller’s instructions in favor of the Buyer as a guarantee of proper fulfillment of contract obligations by the Seller.

Tender guarantees
This type of guarantee is generally an obligatory condition to participate in tender.

Credit Guarantee
Provides credit funds.

Customs Guarantee

Customs Guarantee

sok channy financial instruments. We specialize on assisting businesses around the globe whose existing bank facilities are unable to meet their requirements.

Bank Guarantees provided by sok channy financial service ltd, are designed to protect your commercial interests by eliminating the need to prepay for products or services or to put up collateral with your bank. They are helping to reduce your risk and support your cash flow.

#personal loan
#business loan
#project financing
#bank instruments
#Bank guarantee (BG)
#standby letters of credit (SBLC)

Contact us to for a detailed assessment of your business needs.

Mr. visoth cheng (CFO)
Telephone: +855 963 259 237
Skype ID: http://www.sokchannyfinancial
Website: http://www.sokchannyfinancial.com
Company Email: chong@sokchannyfinancial.com OR sokchannyfinancialsvc@gmail.com

Financial Solutions Our Interests includes but not limited to the following areas: Loans & Project Financing (Locally and Internationally) Corporate Finance Bank Instruments such as Bank guarantee, BG, SBLC, DLC, Letters of credit

ALL KINDS OF BUSINESS/PROJECT: As most banks have tightened their credit guidelines, many small and medium sized businesses face increased difficulties obtaining approved business loan applications. In addition, the lengthy and time-consuming application process can often hinder business investment decisions resulting in missed revenue growth opportunities. This is why Ming Fong Finance Company Limited flexible and quick business financing solutions are the much preferred funding solution chosen by our clients.

ESTEEMED CUSTOMERS:When we work with you, we roll up our sleeves and become your business partner. Our success is measured by the success of your company. That’s why we invest whatever resources that are needed to get and keep your business on the track.

BG/SBLC issued from Top 50 World Banks such as HSBC, Citi, Barclays, Credit Suisse, Deutsche Bank or any prime bank of choice.
1. We issue BG/SBLC in both USD or Euro Currencies, if you pay in USD we Issue in USD & if you Pay in Euro, we issue in Euro.
2. Your Privacy is our Priority, we DO NOT share your data or Business Transactions with third parties.
3. We are not BROKERS, We Are Direct Providers of Loans, Bank Instruments and Project Financiers.
4. No Legal Complaints, Lawsuits or Criminal Convictions against us in any Country till date.

Telephone: +855963259237
Skype: http://www.sokchannyfinancial
website:www.sokchannyifnancial.com
Company email:chong@sokchannyfinancial.com or sokchannyfinancialsvc@gmail.com

 

 

bank guarantee, original bank guarantee, letter of credit provider, SBLC lease, Standby Letter of Credit provider, SBLC provider, SBLC bg lease provider, HSBC bank guarantee

direct loans,SME loan ,unsecured loan,investment credit,secured loans,Project Finance International,BG, SBLC, MTN, CD, LC, Non collateral loan,Delivery: S.W.I.F.T MT-760,Payment: MT103 (TT / WT),Bank Guarantee, Letter of Indemnity, Security Guarantee Credit Line,advance payment guarantee,
Performance bond guarantee,Bank Guarantee, BG, Standby Letter of Credit, SBLC, PPP, Money Instruments Bank, BG Selling, Discount BG,E.T.C.
bank guarantee, original bank guarantee, letter of credit provider, SBLC lease, Standby Letter of Credit provider, SBLC provider, SBLC bg lease provider, HSBC bank guarantee
sok channy financial service Ltd. is a leading financial services provider headquartered in Cambodia to provide personal loans, business loans, SME loans, investment loans, project financing, bank guarantees, SBLCs, letters of credit and funding for all types of locally eligible projects and international.
All of our Bank Instruments are from Top Prime AAA rated banks such as Citibank New York, HSBC Hong Kong or London, Barclays Bank London, Standard Chartered Bank London / Dubai / Hong Kong, UBS Switzerland, Welsfargo, Bank of America, Deusche Bank etc. helping you to get financing for your business or project, activating line credit, Issue & delivering Credit, BG or SBLC Letters for you, lending to financial instruments, and money on financial instruments.
private loan providers, direct lenders, Genuine loan companies, SME loan companies, lender no credit checks, genuine international moneylenders, direct lenders for bad credit, unsecured loan lenders
OUR SERVICES ARE:
Loans: (personal loans, business loans, secured loans, unsecured loans, International Project Financing etc)
Purchase of Bank Instruments (Bank Guarantee and Standby Letter of Credit)
Lease Bank Instruments (BG, SBLC, DLC, Letters of Credit)
Letter of Credit (DLC, L / C, Usance LC) Investment and Wealth Management

International,BG, SBLC, MTN, CD, LC, Non collateral loan,Delivery: S.W.I.F.T MT-760,Payment: MT103 (TT / WT),Bank Guarantee, Letter of Indemnity, Security Guarantee Credit Line,advance payment guarantee, Performance bond guarantee,Bank Guarantee, BG, Standby Letter of Credit, SBLC, PPP, Money Instruments Bank, BG Selling, Discount BG,E.T.C.

direct loans,SME loan ,unsecured loan,investment credit,secured loans,Project Finance International,BG, SBLC, MTN, CD, LC, Non collateral loan,Delivery: S.W.I.F.T MT-760,Payment: MT103 (TT / WT),Bank Guarantee, Letter of Indemnity, Security Guarantee Credit Line,advance payment guarantee,
Performance bond guarantee,Bank Guarantee, BG, Standby Letter of Credit, SBLC, PPP, Money Instruments Bank, BG Selling, Discount BG,E.T.C.
bank guarantee, original bank guarantee, letter of credit provider, SBLC lease, Standby Letter of Credit provider, SBLC provider, SBLC bg lease provider, HSBC bank guarantee
sok channy financial service Ltd. is a leading financial services provider headquartered in Cambodia to provide personal loans, business loans, SME loans, investment loans, project financing, bank guarantees, SBLCs, letters of credit and funding for all types of locally eligible projects and international.
All of our Bank Instruments are from Top Prime AAA rated banks such as Citibank New York, HSBC Hong Kong or London, Barclays Bank London, Standard Chartered Bank London / Dubai / Hong Kong, UBS Switzerland, Welsfargo, Bank of America, Deusche Bank etc. helping you to get financing for your business or project, activating line credit, Issue & delivering Credit, BG or SBLC Letters for you, lending to financial instruments, and money on financial instruments.
private loan providers, direct lenders, Genuine loan companies, SME loan companies, lender no credit checks, genuine international moneylenders, direct lenders for bad credit, unsecured loan lenders
OUR SERVICES ARE:
Loans: (personal loans, business loans, secured loans, unsecured loans, International Project Financing etc)
Purchase of Bank Instruments (Bank Guarantee and Standby Letter of Credit)
Lease Bank Instruments (BG, SBLC, DLC, Letters of Credit)
Letter of Credit (DLC, L / C, Usance LC) Investment and Wealth Management