Sblc - Capalonga

Wednesday, 16 January 2019

Item details

City: Capalonga, Camarines
Offer type: Offer
Price: €100,000

Contacts

Contact name Robert Williams
Phone +44 7546769978

Item description

We issue from HSBC, Barclays Bank and DEUTSCHE BANK AG at 6+2% and
40+2% lease and purchase respectively and close as per below
procedure.

Lessor and Lessee execute, sign and initiate Deed of
Agreement, which thereby automatically becomes a full commercial
recourse contract agreement.


Within three (03) banking days, Lessor will issue Bank
Guarantee (BG) or Stand-By Letter of Credit (SBLC) with Euro clear
access code; ISIN and Common Code to enable Lessee verify the BG/SBLC.
Along with bank endorse invoice and duly notarize refund undertaking
letter.

Within three 3 bank days after receiving and verification
of the EURO SCREEN SHOT Lessee will transfer Euro €50,000 for Call
Option, portfolio reservation fee and transmission charges to issue
full value cash back BG/SBLC send via swift MT760 (ICC600 or latest
version ) to Lessee’s bank. {Bank to Bank Swift}.

Within three (03) working days after receiving and confirming
Euro €50,000 Lessor will issue BG/SBLC .(ICC600 or latest version )
transmitted via swift MT760 to lessee's nominated bank

After receiving and verifying BG by MT760 (ICC600 or
latest version), Lessee’s bank will release Payment of lease cost
MT103 of 6%+2%.

Regards,

Robert Williams