Our Leased Bank Guarantee (BG) is issued by World Top 100 Banks, we use the Bank SWIFT Network to have clients Leased Bank Guarantee (BG) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760. We operate a reliable, efficient delivery and authentication process that includes two stages of Independent Verification on Two Respected Financial Transaction Networks:
We value our relationships with our clients so much that ALL CLIENT DEPOSITS receive 3 Tiers of Protection which are:
1/ Staged Payment of the BG Deposit in 3 Payments as the BG is Delivered.1st Payment due (approx 25% of BG Deposit) after all Parties Sign BG Delivery Agreement
2nd Payment due (approx 25%of BG Deposit) after BG is on Euroclear and Verified by the Buyer
3rd Payment due (approx 50% of BG Deposit) after Swift MT799 is sent and is Verified as by the Receiving Bank
This Staged Payment Structure provides Security, Confidence and Minimizes client Risk. It allows clients to commence the delivery of a Leased Bank Guarantee (BG) with confidence knowing they receive verified evidence of a real, genuine, authentic transaction prior to them making the 2nd and 3rd payments of the Bank Guarantee (BG) Deposit.
2/ Two Percent (2%) Non Performance Penalty in the Bank Guarantee (BG) Delivery Agreement.
3/ Deposit Refund Protection Program (Optional).
The Deposit Refund Protection Program which is optional Guarantees clients Deposits are 100% Safe AND ensures clients Deposits are paid back in FULL to their bank account BEFORE we Deliver the Leased Bank Guarantee (BG) to the clients nominated Bank coordinates. This is a unique Program that is only available to clients of Kega Capital ! We specially structured this program to provide clients with the safety, security and peace of mind they deserve when Purchasing a Leased Bank Guarantee (BG) from us.
The SWIFT MT760 is Delivered 2 to 3 Days after the Issuing and Receiving Banks exchange MT799s.
1. Within 3 (banking) days of all Parties signing the Leased Bank Guarantee (BG) Agreement the PURCHASER will pay the 1st Deposit Payment to the PROVIDER.
2. After the PROVIDER is in receipt the PURCHASERS 1st Deposit Payment. The PROVIDER will authorize a fresh cut BG / SBLC MT760 Instrument to be assigned in the PURCHASERS name at the PROVIDERS Bank and have the instrument placed on Euroclear. The PROVIDER will then present to the PURCHASER a package of 14 Pages of Euroclear documents as evidence the BG / SBLC is lodged on Euroclear in the PURCHASERS name.
3. Within 3 (banking) days of the PURCHASER successfully verifying and authenticating that the PURCHASERS BG / SBLC is lodged on Euroclear the PURCHASER will complete the payment of will pay the 2nd Deposit Payment to the PROVIDER.
4. After the PROVIDER is in receipt the PURCHASERS 2nd Deposit Payment. The PROVIDER will authorize the PROVIDERS bank to issue and send a Preadvice Notification via swift MT799 to PURCHASERS designated bank receiving account. PROVIDER shall provide a copy of the issued MT799 to the PURCHASER by email.
5. Within 3 (banking) days of the PURCHASER successfully verifying and authenticating the PROVIDERS BG / SBLC swift MT799, the PURCHASER will complete the payment of of will pay the 3rd Deposit Payment to the PROVIDER.
6. When the PROVIDER is in receipt the PURCHASERS 3rd Deposit Payment and the PURCHASERS bank has replied to the PROVIDERS Bank MT799 with SWIFT MT799 that is received by the PROVIDERS bank and is verifiable on the Brussels system at Swift.com, then the PROVIDERS issuing bank will schedule issuing and sending the BG / SBLC via swift MT760 to PURCHASERS designated bank receiving account. Provider shall provide a copy of the MT760 to the PURCHASER by email.
7. The PURCHASERS bank verifies and authenticates the MT760, and pays for the BG / SBLC within Ten (10) banking days, and pays the 2% consultancy fees/commissions as per the Irrevocable Fee Protection Agreement in this agreement.
8. Providers bank, within three (3) banking days of receipt of full Invoice payment for the Bank Guarantee, sends the hard copy original BG to the Beneficiaries Bank by bank-bonded courier.
The Bank Guarantee (BG) is issued with a Value of: €100,000,000,000
The Bank Guarantee (BG) Cost to Client is (8%+2%) 10% LTV being: €10,000,000,000
Within 10 Days After Bank Guarantee (BG) Delivery by MT760 the Clients Bank Pays 10% being €10,000,000,000 to the Issuing Bank
Important: Our contracts also include the purchaser returning the Leased Bank Guarantee (BG) to the Issuing bank 15 days prior to the Leased Bank Guarantee (BG) expiration. This is a critical requirement of all Leased Bank Guarantee (BG).Accepted Criteria: Clients that comply with our required Client Standards and accurately and correctly complete the Documentary Letter of Credit (DLC) Application. Rejected Criteria:
standard chartered . 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 standard chartered . is a unique Privilege given solely to real, genuine, authentic clients, not a Right that is attainable by all. View our required Client Standards here.
We solely deal with real deals, real people and real Documentary Letter of Credit (DLC) that need to be delivered to our clients nominated bank account. 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 Documentary Letter of Credit (DLC) transaction with standard chartered . today.
With 35 Years of Finance and Banking Industry Experience the standard chartered . 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!