Buy Leased Standby Letter of Credit (SBLC)
Instrument & Service Description:
Buying or Purchase of Leased Standby Letter of Credit (SBLC)
Our Leased Standby Letter of Credit is issued by World Top 50 Banks, we use the Bank SWIFT.com Network to have clients Leased Standby Letter of Credit (SBLC) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760. We operate a reliable, efficient delivery and authentication process that includes Independent Verification on:
- Program operated with Leased Standby Letter of Credit from Top 50 World Banks
- Leased Standby Letter of Credit (SBLC) are available in Euro or USD Currency
- Low Leasing Rate of 10+2 (12% Total)
- SBLC Deposit Protected by an Independent Trustee until Mt799 is authenticated and verified by the receiving bank as received
- Face to Face Meetings or Video Call with Independent Trustee included
- 10 Days to Complete Full Payment after Delivery of MT760 to your Bank.
- MT799 Pre advice Included with Standby Letter of Credit (SBLC) Delivery
- No Personal Credit Checks
- No Corporate Credit Checks
- No Project Documentation Required
-
LOI Signed within 48 Hours of being completed and returned to us
- Simple Delivery of MT760 direct to your Bank.
- Up to 2% Commission Paid to Brokers
- All Leased Standby Letter of Credit (SBLC) are Fresh Cut specifically for each Client
SBLC is Ordered with the Bank
- SBLC is Created
- Issuing Banks Sends MT799 – (Copy provided to Client)
- Receiving Bank Verifies and Authenticates the MT799
- Receiving Bank Replies to MT799
- Issuing Bank receives Receiving Banks MT799
- Issuing Bank Sends MT760 - (Copy provided to Client)
- Receiving Bank Verifies and Authenticates the MT760
- Client pays the Provider the Instrument Lease Fee within 10 Days.
Closing Process - SWIFT
1. Agreement – PROVIDER, PURCHASER execute, sign and initiate this Leased Financial Instrument Deed of Agreement, which thereby automatically becomes a binding agreement between the parties.
2. Deposit & Insurance Payment - Within (2) two days of all Three Parties (PURCHASER, PROVIDER) signing this agreement or as mutually agreed between the parties, the PURCHASER will wire the Deposit and Insurance Fee as per the Invoices provided.
3. Delivery Mt799 - After both Payments have been received, the PROVIDER will:
- Order the financial instrument from his Bank.
- Instruct his Bank to Create the financial instrument.
- Instruct his Bank to schedule the delivery of a Brussels Authenticated Swift Mt799 to be delivered from the PROVIDERS Bank to the PURCHASERS Bank.
- Email a copy of the Mt799 to the PURCHASER
4. Confirmation of Mt799 - Within 3 Banking days of the PURCHASERS Bank successfully verifying and authenticating the PROVIDERS Swift Mt799, the PURCHASER will instruct his bank to send a Swift Mt799 to the PROVIDERS Bank as per Addendum 12.
5. Delivery of Mt760 - When the PROVIDERS Bank has received the PURCHASERS Banks MT799 then the PROVIDERS Bank will schedule the delivery of the Swift MT760 to PURCHASERS Bank as per Addendum 13 and Email a copy of the Mt760 to the PURCHASER.
6. Authentication Mt760 - When PURCHASERS Bank receives, verifies and authenticates the MT760 then the PURCHASER will within (10) Ten days pay by Mt103 Bank Wire the (10%) Ten Percent Lease Fee and the (2%) Two Percent Broker Fee as per Invoices and Email a copy of the payments to the PURCHASE
7. Additional Tranches - All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.
Example:
The Standby Letter of Credit (SBLC) is issued with a Value of: €100,000,000,000
The Standby Letter of Credit (SBLC) Cost to Client is (10%+2%) 12% LTV being: €12,000,000,000
Within 10 Days After Standby Letter of Credit (SBLC) Delivery by MT760 the Clients Bank Pays 12% being €12,000,000,000 to the Issuing Bank
Important: Our contracts also include the purchaser returning the Leased Standby Letter of Credit (SBLC) to the Issuing bank 15 days prior to the Leased Standby Letter of Credit (SBLC) expiration. This is a critical requirement of all Leased Standby Letter of Credit (SBLC).
Critical Compliance Criteria:
- Accepted Criteria: Clients that comply with our required Client Standards and accurately and correctly complete the Purchase Leased Standby Letter of Credit (SBLC) Application.
- Rejected Criteria:
- Any Standby Letter of Credit (SBLC) that is required to be delivered to a Provider on this Banned Providers List.
- Any Standby Letter of Credit (SBLC) application where the client cannot or does not want to pay the required Deposit.
Critical Information:
- Our Purchased Leased Standby Letter of Credit (SBLC) delivery service is Non Negotiable. We do not change the terms, structure, delivery procedures or prices of this service.
- We do not offer FREE Standby Letter of Credit (SBLC) or allow clients to pay for the Standby Letter of Credit (SBLC) Deposit after the MT760 has been received. Banks simply do not work for free or on the hope that after they deliver a Leased Standby Letter of Credit (SBLC) by MT760 that the client may pay them. That is why you Must Pay your Deposit to the Independent Trustee who will hold it and protect it until the transaction is unconditional between the banks.
Client Standards:
Kega Capital Limited 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 Kega Capital Limited is a unique Privilege given solely to real, genuine, authentic clients, not a Right that is attainable by all.
Summary:
We solely deal with real deals, real people and real Leased Standby Letter of Credit (SBLC) that need to be delivered to our clients nominated bank accounts. The Bank SWIFT Network is the Gold Standard that validates all aspects of this transaction and provides a respected industry platform where a safe settlement can be facilitated. Close your successful transaction with Kega Capital Limited.
With 35 Years of Finance and Banking Industry Experience the Kega Capital Limited 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!