MONETIZE THE FINANCIAL INSTRUMENTS:
1- SOVEREIGN GUARANTEE (SG)
2- BANK GUARANTEE (BG)
3- STANDBY LETTER OF CREDIT (SBLC)
4- DOCUMENTARY LETTER OF CREDIT (DLC)
5- LETTER OF CREDIT (LC)
6- MEDIUM TERM NOTE (MTN)
7- CERTIFICATE OF DEPOSIT (CD)
8- INTERNATIONAL BILL OF EXCHANGE (IBOE)
9- BANK / BANKER’S DRAFT (BD)
10- BANKER’S ACCEPTANCE (BA)
11- TELEGRAPHIC TRANSFER (TT)
12- CASHIER’S CHECK / CHEQUE
13- TELLER’S CHECK / CHEQUE
THE PROCEDURE FOR MONETIZATION:
1) Send us a CIS and/or necessary client details for us to prepare our necessary agreements for engagement and monetization.
2) Execute DOA (Includes any agreed upon consultant fee(s).
3) Arrange and send BG/SBLC via SWIFT MT760; for Bank/Banker’s Draft, send via SWIFT MT110; for Telegraphic Transfer, send via MT103; for other instruments in bank safekeeping/custody, such as SG, MTN, IBOE or Bond, send via MT542 or MT546, if MT760 isn’t doable, according to agreement with appropriate instructions.
– For instruments other than a BG/SBLC, clients must either already have or be able to have the instrument deposited with a custodian bank for safekeeping, and the custodian bank must be willing and able to send the appropriate SWIFT message for the instrument in safekeeping/custody.
(If it’s not possible to send the instrument via SWIFT, then we may consider arranging monetization with an additional, but very efficient step, (PPP trade), whereas our monetizer would exchange the legally Assigned hard copy instrument to another counter-party for real estate assets in the U.S., which would then be monetized according to agreement. (Due to the efficiency, effectiveness, and ultimate simplicity of this additional, established PPP trade for the purpose of efficiently initiating and achieving monetization, as well as our growing and increasing ability for providing access to this established, growing platform, we may consider this additional PPP platform trade as an alternative for achieving monetization objectives even for instruments that are able to be sent and received via SWIFT if it seems that it may save time versus waiting on all bank process and procedure involved for eventual completion of the transaction just to allow monetization to be initiated)
4) The first monthly payout will be immediately after verification, authentication and acceptance by monetizer bank, and monetizer will instruct its bank to establish automatic monthly payouts thereafter according to agreement.