Bank Loan/ Bank Instrument Available

24/03/2016 Financial & Legal Services

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Dear partners and associates, One of our main businesses is opening documentary letters of creditfor trade transactions. We issue our Documentary letters of credit and, on occasion, we canopen Standby Letters of Credit and Guarantees (Bank, Bid orPerformance) For every transaction we need three things1. Applicant - this is the company that has asked us to open theletter of credit. The applicant is our client, and our standardagreements are with the applicant.2. Beneficiary - this is the company receiving the LC. Theapplicant asks us to open an LC to the beneficiary3. Underlying transaction - this is the transaction that existsbetween the applicant and the beneficiary. It is the reason foropening the Letter of Credit or Bank Guarantee. The underlyingtransaction can be the purchase and sale of goods or servicesdepending on the type of instrument requested. Once you have these three parts of the transaction,then you are readyto start working with us, we will send you application for you to fillthen you submit it along with a copy of the pro forma invoice/Contract from the beneficiary to the applicant, your company'scertificate of incorporation, a copy of your passport. We will then send you a sample letter of credit for your review. Oncewe have been formally engaged, we will provide you with a draft of theletter of credit for your review with your beneficiary. When you have finished reviewing the draft and are ready to open theinstrument, it is time to pay our issuance fees. We always receive ourfees by wire transfer before issuance of the instrument. Once we have received our fees and all relevant documentation, it maytake up to 3 days for the instrument to be issued, and for us to sendyou a copy. In addendum, we also offer a wide range of products:- Letters of Credit at Sight- Usance Letters of Credit- Standby Letters of Credit- Bank Guarantees- Performance Guarantees- Demand Guarantees- POF messages- Pre Advice Message- Comfort Letters- Ready Willing and Able (RWA) messages I will be waiting in anticipation of a good response from you shortly. contact Regards, Daniel Paloma

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