Riley Finance and Leasing Ltd can assist you in your commercial transactions by providing financial instruments such as bg/sblc/mtn/loan etc.
Below is the description of our BG/SBLC which can be monetized into cash:
DESCRIPTION OF INSTRUMENTS:
1. INSTRUMENT: BANK GUARANTEE (BG), CASH-BACKED
2. FORMAT: ICC 600
3. ISSUING BANK: DEUTSCHE BANK AG, BARCLAYS BANK PLC, HSBC PLC,
4. COUPON RATE: ZERO PERCENT (0%).
5 TERM: ONE (1) YEAR AND ONE (1) DAY.
6. CURRENCY: UNITED STATES DOLLARS
7. CONTRACT AMOUNT: 000,000,000.00
8. INITIAL TRANCHE: 000,000,000.00
9. LEASING FEES: 5%+2%, PURCHASE FEES: 40%+2%
10. AGENT S FEES:
11. DELIVERY: BANK TO BANK (BY) SWIFT MT760.
12. PAYMENT: SWIFT MT-103
13. HARD COPY: BONDED COURIER WITHIN 5-7 BANKING DAYS
Therefore, in case you have need for a financial instrument for project funding/trade , we are capable and reliable to deliver such instrumen