S|C|P – Solomon Capital Partners

 

This is probably the only way for you to access a valid and fully cash backed Bank Guarantee or Standby Letter of Credit issued by our Securities Dealer!

Instrument Type:

Standby letter of Credit (SBLC) or Bank Guarantee (BG)

SWIFT MT760

Total Face Value:

EURO 10,000,000 to EURO 500,000,000

Currency:

EURO(€)

Lending / Borrowing Fee:

Euro 10M – 99M Euro 9% of Face Value (total) for a 365 days

Euro 100M – 499M Euro 7% of Face Value (total) for a 365 days

Euro 500M – Euro 5% of Face Value (total) for a 365 days

Commission to be added

2% (two per cent) or as agreed by the BORROWER

(= 1% to Borrower Agent and 1% to Lender Agent)

SWIFT MT760 Issuing Bank:

HSBC, Deutsche Bank, Standard Chartered Bank, Barclays, UBS, Credit Suisse, Commerzbank, BNP Paribas Bank and JP Morgan Chase

Validity of Instrument:

One (1) Year and One (1) Day

Borrowing & Lending Term:

350 days upon which the instrument is to be returned or renewed/extended

Payment:

In up to 180 days upon an acceptable payment via PN(B) , or instantly against delivery of the financial collateral and payment agreed with other payment methods (A), (C) or (D)

Payment Mode:

(A) Conditional Irrevocable Pay Order (ICPO) endorsed by borrower’s bank, (B) Unconditional Promissory Note endorsed by receiving bank, (C) conditional payment SWIFT MT103, (D) Conditional Documentary Credit to be sent by SWIFT MT 700- All payment options have to be acceptable and approved by the collateral lender

Download the Summary Fact Sheet with Procedures Terms and Conditions here!

You can schedule a phone call with one of our experts right here:

 
 

About Belize…


BELIZE (1000x500) Belize Investment Prospectus