SEEKING A TOP PRIME WESTERN BANK OR SELLER WITH A DISCOUNTED INSTRUMENT FROM A TOP PRIME WESTERN BANK WHO WILL ACCEPT THE PROCEDURE BELOW. BG 70s to mid 80s ,10B BROKER CHAIN ONLY A PRINCIPLE.
BUYER'S BANK IS HSBC LONDON, NO POF POSSIBLE BECUZ FUNDS ARE BACK BY A CREDIT LINE FROM A SWISS TRUST. BUYER CREDIT LINE WITH HSBC LONDON.
OPTION 1 (request #2)
1. Buyer send this simple ?Letter of Intent? / ?RWA? application signed and stamp sealed to the Provider requesting to purchase bank instruments, issuance from HSBC BANK - LONDON. Other documents to submit will be signed and stamp sealed, Client Information Sheet (CIS), Corporate Resolution [if required], and clean color passport copy of the Buyer.
2. Upon acceptance of the LOI / RWA by the provider, the provider will sign and stamp sealed and send back the fully endorsed LOI / RWA Contract to the Buyer by fax or by scanned email copy, from thereon it will become a full recourse commercial contract. SELLER WILL DELIVERY TO BUYER HIS BANK ACCOUNT STATEMENT ACCORDING TO THIS INSTRUMENT
3. Provider?s bank will cause to send the instruments into the Buyer?s designated bank account by SWIFT 760 delivery, for the Buyer and his bank to authenticate and verify the instruments, with the issuing and or custodial bank. (please send Mt760 copy via email to buyer`s address)
4. Within eight and twelve (8 and 12) international banking hours after the Buyer and his bank have received delivery of the instruments, by SWIFT 760, and have verified and validated the instruments, the purchase price payment amount is transferred to the provider? designated bank.
5. All commissions to intermediaries are to be paid simultaneously on the same day of completion of each and every tranche payment.
6. The succeeding tranches onwards & renewals are repeated similar to the above steps and/or that will be mutually agreed between the Buyer and the provider.
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