Picard International Ltd

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Phone
+44-70457...
Email
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Country
South KoreaSouth Korea
Address
9 Aldermanbury SquareLondon EC2V 7BP United Kingdom

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Company Description

Dear sir,
We are project funder with our cutting edge and group capital fund we can finance your signatory projects and help you to enhance your business plan, our financial instrument can be used for purchase of good from any manufacturer irrespective of location. We specialized in BG, SBLC MTN, CD, Non collateral loan, confirmable Bank Draft and other financial assistance from AAA rated bank (Prime Bank). The financial instrument can be invested into High Yield Trading Program or Private Placement Programme (PPP). Please see our instrument description and leasing procedure as follow.


DESCRIPTION OF INSTRUMENT:
1. Instrument: Bank Guarantee {BG/SBLC}
2. Total Face Value: Eur 10M{Minimum} to Eur 10B{Maximum}
3. Issuing Bank: AAA Rated Bank (Prime Bank).
4. Age: One Year and One Day
5. Leasing Price: 6%+2% =8%
6. Delivery: S.W.I.F.T   MT-760
7. Payment: MT103 (TT/WT)
8. Hard Copy: Bonded Courier Service

LEASE PROCEDURE:
1. Lessor and Lessee execute, sign and initiate the Deed of Agreement, which thereby automatically becomes a full commercial recourse contract agreement.
 
2. After both parties sign the Agreement, Lessor will issue a signed and sealed Bank endorse Corporate Refund Undertaking letter to the Lessee guarantee to refund total amount paid for processing and delivery fee for issuance of fresh cut BG/SBLC to lessee Bank Account. Lessor bank will issue RWA LETTER (via secure fax) to lessee's bank stating their readiness to issue BG/SBLC to their client.
 
3. Within 2 working days after Lessee receives Lessor's signed and sealed Bank endorse Corporate Refund Undertaking letter and Invoice, Lessee will make payment by wire transfer into the Lessor's bank account for processing fee to deliver their BG/SBLC electronic copy via swift MT760 {Bank to Bank Swift}.

4. Within 24hours Lessor confirm bank charges in their bank account, Lessor Banker will deliver Pre-advice Letter to lessee bank via secure bank fax, after receipt of lessee bank, Lessor banker will send MT-799 by swift follow by MT-760

5. Lessee pays Lessor the leasing fee and the brokers their commission fees not later than ten (10) banking days after the BG/SBLC hard copy is received and confirmed at lessee's bank, which will be delivered via Bonded Courier service.


We specialize in Bank Guarantee lease and sales, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.


Thank you,
Eric Nelson
[email protected]

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