Archive

Posts Tagged ‘MT999’

BG/SBLC/POF/LOC/MT799/MT760

May 5, 2011 5 comments

How much are you looking for?

What type of account? (bank letter, MT760, POF, etc)

what are you needing for?

For how long?

any specific bank?

have you received any other quotes from other companies? if so for how much?

what kind of budget are you or your client working with?

Are you the principal, broker, or other party to the transaction?

Are there other parties involved in the transaction? If so, please explain

here:

Have you ever used this type of instrument before or are you familiar with

how they work?

What are you using the instrument or cash for?

Do you have an Executive Summary?

Shoot me your needs

If you want to start immediately  and want us to work plug and play then write me back  with your answers on
contact@fastletterofcredit.com

Victor William
CALL ME DIRECT +1.214.550.5052
http://www.FastLetterofCredit.com
SWIFT BIC: MTCMUS61

Toll Free:        +1.888.304.1638
Local Phone       +1.214.550.5052
International     +1.214.550.5052
International FAX +1.214.550.5052

Email: contact@fastletterofcredit.com
Skype: info.fastletterofcredit
Web  : http://www.FastLetterofCredit.com

2711 N. Haskell Ave
Suite 550
Dallas, TX 75204

Is a MT760 Negotiable

April 30, 2011 5 comments

In a simple way No.  Once a MT-760 has been issued, it is not negotiable. For this reason, many sugar traders prefer a Letter of Credit, which is negotiable and can be amended in response to unforeseen changes in circumstances, such as a delayed shipping schedule, lower production than anticipated, and other such events.

FastLetterOfCredit.com is in the leased funds business, we have been doing this for over 5 years and deal with the top banks, HSBC, Dutch Bank, Barclay’s, Bank of America, mostly any bank in the world in every continent.  We understand each transaction and work to create a win-win result for our clients.  We manage over $5B in funds, and can fulfill most funding requests, in 2-14 days.  We can issue MT202, MT799, MT760, bank guarantees, sblcs, cash accounts for trade or credit enhancement purposes.

Thanks,
Victor William
CALL ME DIRECT +1.214.550.5052
http://www.FastLetterofCredit.com
SWIFT BIC: MTCMUS61

Toll Free:        +1.888.304.1638
Toll Free Fax:    +1.800.315.4197
Local Phone       +1.214.550.5052
International     +1.214.550.5052
International FAX +1.214.550.5052

Email: contact@fastletterofcredit.com
Skype: info.fastletterofcredit
Web  : http://www.FastLetterofCredit.com

2711 N. Haskell Ave
Suite 550
Dallas, TX 75204

COMPANY PROFILE

April 30, 2011 1 comment

Fast Letter Of Credit.com is the premiere agency for equity and debt-secured cash accounts, on a fixed-return basis, for Proof of Funds uses. We provide organizations and individuals the capability to complete long-term financing or meet other on-going project needs.
 

Fast Letter Of Credit.com Services

  • Proof of Funds ,Bank Guarantee,Stand by letter of Credit,Cash Account
  • Account statements provided
  • Funded from a $217 billion hedge fund
  • Written Verification of Deposit
  • Electronic account verification option

Fast Letter Of Credit.com is the industry leader in providing short-term equity investments for Proof of Funds uses. With extensive experience in providing financial solutions for companies and individuals, we proudly offer you the advantage of dealing with a company that is known and respected in the industry for integrity and efficiency in successfully negotiating investments under the most favorable terms.

Our portfolio allows us to secure financial backing for a single project of up to $5 billion, while providing a superior level of underwriting for our partners in evaluating investment opportunities in order to insure they meet specific criteria that are suitable for the client’s needs.

Our seasoned and industry-experienced representatives are available to discuss with you the wide range of consulting services we offer. We offer personalized services tailored to your situation and are committed to securing equity investments for specialized uses that you and your company might need. Our investment resources provide the flexibility needed to accomplish and meet our client’s investment goals.

Thanks,
Victor William
CALL ME DIRECT +1.214.550.5052
www.FastLetterofCredit.com
SWIFT BIC: MTCMUS61

Toll Free:        +1.888.304.1638
Toll Free Fax:    +1.800.315.4197
Local Phone       +1.214.550.5052
International     +1.214.550.5052
International FAX +1.214.550.5052

Email: contact@fastletterofcredit.com
Skype: info.fastletterofcredit
Web  : http://www.FastLetterofCredit.com

2711 N. Haskell Ave
Suite 550
Dallas, TX 75204

What Happens When My Banks Issue An MT760

April 29, 2011 11 comments

When an MT-760 is issued, the issuing bank puts a hold on the client’s funds, blocking the client from using them. The funds are then at the disposal of the person the MT-760 was issued in favor of. For this reason it is not wise to issue an MT-760 before receiving product, as this can mean a large financial loss for absolutely no gain. In some cases, unscrupulous traders can even use the MT-760 to open a line of credit, which they then default on, leaving the issuer of the MT-760 out of pocket.

Fast Letter of credit is in the leased funds business, we have been doing this for over 5 years and deal with the top banks, HSBC, Dutch Bank, Barclay’s, Bank of America, mostly any bank in the world in every continent.  We understand each transaction and work to create a win-win result for our clients.  We manage over $5B in funds, and can fulfill most funding requests, in 2-14 days.  We can issue MT202, MT799, MT760, bank guarantees, sblcs, cash accounts for trade or credit enhancement purposes.

Thanks,
Victor William
CALL ME DIRECT +1.214.550.5052
www.FastLetterofCredit.com
SWIFT BIC: MTCMUS61

Toll Free:        +1.888.304.1638
Toll Free Fax:    +1.800.315.4197
Local Phone       +1.214.550.5052
International     +1.214.550.5052
International FAX +1.214.550.5052

Email: contact@fastletterofcredit.com
Skype: info.fastletterofcredit
Web  : http://www.FastLetterofCredit.com

2711 N. Haskell Ave
Suite 550
Dallas, TX 75204

How do I get MT760

April 29, 2011 6 comments

A MT-760 can be obtained from your bank. Some banks are not willing to issue MT-760’s however, so if an MT-760 is absolutely essential, you may have to be prepared to move your funds to another banking institution. It is wise to inquire at your bank before committing to any sale that requires a MT-760 as part of its terms and conditions.

Blockedfunds.com is in the leased funds business, we have been doing this for over 5 years and deal with the top banks, HSBC, Dutch Bank, Barclay’s, Bank of America, mostly any bank in the world in every continent.  We understand each transaction and work to create a win-win result for our clients.  We manage over $5B in funds, and can fulfill most funding requests, in 2-14 days.  We can issue MT202, MT799, MT760, bank gaurantees, sblcs, cash accounts for trade or credit enhancement purposes.

Thanks,
Victor William
CALL ME DIRECT +1.214.550.5052
http://www.FastLetterofCredit.com
SWIFT BIC: MTCMUS61

Toll Free:        +1.888.304.1638
Toll Free Fax:    +1.800.315.4197
Local Phone       +1.214.550.5052
International     +1.214.550.5052
International FAX +1.214.550.5052

Email: contact@fastletterofcredit.com
Skype: info.fastletterofcredit
Web  : http://www.FastLetterofCredit.com

2711 N. Haskell Ave
Suite 550
Dallas, TX 75204

Verbiage

April 29, 2011 1 comment

Sample

VERBIAGE OF SWIFT LC OR SBLC

From :               SENDING BANK

TO:

BANK:

ADDRESS:

SWIFT:

ACCOUNT NR:

ACCOUNT NAME:

IN FAVOR OF:

PLACE OF ISSUE:

LETTER OF CREDIT NUMBER:

DATE OF ISSUE:

DATE OF MATURITY:

DATE OF EXPIRATION:

APPLICANT:

BENEFICIARY:

AMOUNT:           USD xx,000,000

WE, BANKNAME, ADDRESS, HEREBY OPEN OUR UNCONDITIONAL, IRREVOCABLE, AND TRANSFERABLE LETTER OF CREDIT IN FAVOR OF xxxxxxxxxxxxxx., FOR THE AMOUNT OF USD xx,000,000 (xxx MILLIO) , DUE ONE YEAR, ONE MONTH AND ONE DAY FROM THE DATE OF ISSUE  month XX 2011, MATURITY DATE  month XX, 2012.

PAYMENT IS AVAILABLE BY THE BENEFICIARY’S FIRST WRITTEN DEMAND VIA BANK WIRE SYSTEM.  DEMAND HEREUNDER MUST BE MARKED “DRAWN UNDER LETTER OF CREDIT NO. NR-XXXXXX, DATED FEBRUARY XX, 2011.”

WE HEREBY ENGAGE WITH YOU THAT THE DRAFT DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS LETTER OF CREDIT SHALL BE DULY HONORED ON DUE PRESENTATION TO US.  THIS LETTER OF CREDIT IS SUBJECTED TO UNIFORM CUSTOMS AND PRACTICES FOR DOCUMENTARY CREDIT I.C.C. PUBLICATION No. 600.

THIS CABLE IS AN OPERATIVE INSTRUMENT; ALL CHARGES ARE FOR THE ACCOUNT OF APPLICANT.

THIS LETTER OF CREDIT EXPIRES ON month XX, 2012.

FOR AN ON BEHALF OF:

BANK NAME, ADDRESS

Signed by 2 bank officers with ID.

Victor William
CALL ME DIRECT +1.214.550.5052
http://www.FastLetterofCredit.com
SWIFT BIC: MTCMUS61

Toll Free:        +1.888.304.1638
Toll Free Fax:    +1.800.315.4197
Local Phone       +1.214.550.5052
International     +1.214.550.5052
International FAX +1.214.550.5052

Email: contact@fastletterofcredit.com
Skype: info.fastletterofcredit
Web  : http://www.FastLetterofCredit.com

2711 N. Haskell Ave
Suite 550
Dallas, TX 75204

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