SBLC / BG FROM HSBC UK / BARCLAYS UK WITH ABSOLUTELY NO UPFRONT FEES ( EASY TO FOLLOW PROCEDURES )

SBLC / BG FROM HSBC UK / BARCLAYS UK WITH ABSOLUTELY NO UPFRONT FEES ( EASY TO FOLLOW PROCEDURES )

1.THE RECEIVER SUBMITS CIS / LOI / CURRENT DATED BCL OR RWA LETTER SIGNED BY 2 BANK OFFICERS MENTIONING THEIR PIN CODES WITH DOA.

 2. AFTER SUCCESSFUL DD BY PROVIDER’S BANK , PROVIDER FILLS HIS SIDE OF INFORMATION IN THE DOA CONTRACT AND RETURNS CONTRACT AS COUNTERSIGNED

 3. THE PROVIDER IN TWO BANKING DAYS WILL SEND PRE-ADVISE VIA SWIFT MT799 TO THE BUYER’S NOMINATED RECEIVING BANK.

 4. THE BUYER ON RECEIVING THE PRE-ADVICE VIA SWIFT MT799, WILL ISSUE BANK PAYMENT UNDERTAKING (BPU) VIA SWIFT MT799 TO THE PROVIDER’S NOMINATED BANK .

 5. THE PROVIDER UPON RECEIPT OF THE BPU AND AFTER VERIFICATION THEIR BANK WILL ISSUE THE SWIFT MT760 SBLC TO THE BUYER’S BANK.

 6. ON RECEIVING THE SWIFT MT760 SBLC AND AFTER VERIFICATION AND AUTHENTICATION, THE BUYER’S BANK SHALL RELEASE FULL PAYMENT WITHIN (7-10) BUSINESS DAYS TO THE PROVIDER AND INTERMEDIARIES VIA UNCONDITIONAL SWIFT MT103.

 7. THE PROVIDER’S ISSUING BANK SHALL DELIVER THE SBLC HARD COPY TO THE BUYER ’S BANK BY BANK BONDED COURIER IN 10 WORKING DAYS TIME.

TAYYAB HABIB

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