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      You are in ::  Home > Project Finance > Read
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SBLC FOR SALE OR LEASE 2019-08-08
 
SBLC issuing


Bank Guarantee or Letter of Credit (D or SB).

Issuing Bank: ING Poland
LTV: 25 percent
Minimum Amount: 10 million euro.
Maximum Amount: 150 million euro.
Payment terms: payment within 10 days upon delivery of MT-760.

Procedure-

1. Buyer fills out the contract & submits project overview for approval.
2. If the Buyer's project is deemed satisfactory, Seller issues invoice for administrative handing charges (29,500 USD to 300,000 USD depending on the instruments value).
3. Buyer settles the invoice.
4. Seller proceeds towards allocating the funds within 2 banking days in order to issue the pre advice.
5. Seller's bank issues the pre advice, backed by the allocated balance.
6. Buyer's bank confirms readiness.
7. Seller's bank issues MT-760 SBLC.
8. Within 10 days, Buyer bank pays the stipulated LTV in full.

Only if the above terms are workable, email compliance@ccoag.com

 
 Contact Information
Name   Mr. Kevin Ji 
Company   Member : CC OIL & GAS GROUP IBC 
Email   Log In to See Email 
   Inquire Now 
Tel   +44 7404874533 
Fax   +44 7466713688 
Mobile   +44 7466713688 
Web   www.ccoag.com 
IP   94.173.144.3 

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