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Showing posts from September, 2022

Top 9 Tips On How To Detect Fake BG/SBLC Providers

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1. Slightly Seasoned Instruments- Another joker broker nonsense. There is no such thing as a slightly seasoned instrument. Instruments are either fresh cut (new issue that has not been registered with a buyer) or they are seasoned (instruments that have already been sold to one or more buyers). In most cases it is joker brokers that are promoting this fake story.   2. Deed of Agreement (DOA) with grammar botches, made out of different bits of different kinds of agreements. 3. FREE EMAIL SERVICE: Most of these scammers use free email services such as  www,gmail.com , hotmail, yahoo etc. They have no website, I mean, they cannot afford a website but somehow they are promising you 5 Billion dollar BG/SBLC? It’s a mystery how they succeed with such lies? 4. LOW PRICE: This is the number one trick they use in luring unsuspecting victims. They will promise to deliver you a bank guarantee or letter of credit value of 500 Million Dollars with payment of $10,000. Sadly, people ...

Is Cryptocurrency Safe? Should I Invest in It?

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  Many orthodox investors share the same opinion with Warren Buffet. In the  previous article , we studied the disadvantages of using cryptocurrency from an end user’s point of view. In this article, we will have a closer look at why orthodox investors believe that investing in cryptocurrencies is a bad idea. 1. Cryptocurrencies do not Generate Cash Flow Traditional investors consider a cash outflow to be an investment if it generated future cash inflows without the need to sell the asset. For instance, if a person buys a home, they can generate cash flow in the form of rent without having to sell the underlying asset. Similarly, if an investor buys equity shares in the business, those shares generate cash flow in the form of dividends. However, when it comes to cryptocurrencies, there is no cash flow which is generated. The only gain that the investor hopes to make is if they find someone who is willing to pay a higher price for the currency on the market. This makes cryp...

Difference Between LC and SBLC

  LC Vs. SBLC The regular letter of credit and standby letter of credit (LC & SBLC) are payment instruments used in international trade. However, there are some basic differences in the product, which we will discuss in the following post  A  letter of credit  is a promise from the bank that the buyer, i.e., the importer, will fulfill his payment obligation and pay the full invoice amount on time. The role of the issuing bank is to make sure that the buyer pays. In case the buyer is unable to fulfill his obligation, the bank will pay the seller, i.e., the exporter, but the funds come from the buyer.   On the other hand, a  standby letter of credit  is a secondary payment method where the bank guarantees the payment when the seller fulfills the terms of the letter of credit. It is a kind of additional safety net for the seller. The buyer may not pay the seller for multiple reasons such as cash flow crunch, dishonesty, bankruptcy, etc. But as...

SBLC/BG ; Soleil Chartered Bank (SCB)

Soleil Chartered Bank (SCB) is an international trade finance institution created to manage and solve global trade finance documentary needs. With a world-wide scope, SCB provides global trade finance solutions to Banks, Brokers, Corporates and Individuals. SCB financial instruments are used by traders, companies and individuals to meet required trade finance needs. SCB global presence and knowledge help provide a solution that is flexible and cognizant of the needs of our clients. Our services are dynamic and efficient. We offer competitive choice for our clients when aiming to fulfill their trade finance needSCB is registered in the Union of Comoros and has its correspondence trade offices in Bucharest, Romania and New York, New York. Rudolf Umert is an accredited broker for Soleil Chartered Bank (SCB) for the sale and lease of SBLC and BG ( standby letter of credit and bank guarantee) Email: RainerUmert55@gmail.com rainer@sblcbrokers.com www.sblcbrokers.com

HSBC Bank Guarantee or Standby Letter of Credit

Within five days after the Closing Date, Buyer shall deliver to Seller and the Subsidiary a bank guarantee or standby letter of credit equal to the portion of the Purchase Price specified in Section 2.4(b) providing for (i) an expiration date of such bank guarantee or standby letter of credit of September 30, 2005 and (ii) permitting partial drawings thereunder, up to but not to exceed the portion of the Purchase Price specified in Section 2.4(b), and in all other respects in a form mutually agreed upon by Buyer, Seller and HSBC Bank. Upon Seller's receipt of an original bank guarantee or standby letter of credit as provided for in this Section 6.11, Seller and the Subsidiary shall return to Buyer, in the manner requested by Buyer, that certain original letter of credit from HSBC Bank, dated February 18, 2004, and previously delivered by Buyer to Seller and the Subsidiary on the Closing Date. Rudolf Umert Email: RainerUmert55@gmail.com rainer@sblcbrokers.com www.sblcbrokers.com

Who is a Genuine SBLC Provider? How Does One Find A Genuine BG/SBLC Provider?

  Who is a Genuine SBLC Provider? How Does One Find A Genuine BG/SBLC Provider? Genuine SBLC Provider is a bank or financial services provider like Grand City Investment Limited that provides real and genuine SBLC from prime banks without failure or stories. To understand who these Providers are and how they function, one must understand what is called as Collateral Transfers in the financial world. Collateral Transfer is basically the process of transferring assets from one party (the Provider) to another party (the Beneficiary) often in the form of a Bank Instrument (BG or SBLC). This occurs whereby the Provider agrees (through his Issuing Bank) to issue a “Demand Guarantee” to the Beneficiary in return for a “rental” or “return” generally known as the “Contract Fee”. The parties agree to enter into a Collateral Transfer Agreement (CTA) which governs the issuance of the guarantee. Please read our previous article titled “   How To Find Genuine Bank Guarantee (BG) ...

What is Export Collection?

  What is Export Collection? Export Collection is a payment method frequently used in international trade. This type of transaction is also known as Cash against Documents (CAD), D/P for payments at sight, or D/A for Documents against acceptance. In simple terms, it is where payment is due at a future date. How can we help? We can assist by either creating certain documentation for you, the exporter, or you can use your own documentation, also obtaining any 3rd party documentation, followed by presenting documentation to your bank on your behalf. Open Account What is Open Account? An open account transaction is a sale where the goods are shipped and delivered prior to the due date for payment. How can we help? We can assist by either creating certain documentation for you, the exporter, or you can use your own documentation, obtaining any 3rd party documentation, followed by the despatch of documents to your client. All the above services include: Advice on Letter...

Purchase SBLC, BG. - SBLC, BG, DLC, LC Issuer

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Purchase SBLC, BG. - SBLC, BG, DLC, LC Issuer   Soleil Chartered Bank (SCB)  and   SBLC Intermediaries is an international  collaboration  to manage and solve global trade finance documentary needs. With a world-wide scope, SCB provides global trade finance solutions to Banks, Brokers, Corporates and Individuals. SCB financial instruments are used by traders, companies and individuals to meet required trade finance needs. SCB global presence and knowledge help provide a solution that is flexible and cognizant of the needs of our clients. Our services are dynamic and efficient. We offer competitive choice for our clients when aiming to fulfill their trade finance needs. The one stop shop for SBLC and BG is www.sblcbrokers.com ;  

Raising Lines of Credit and SBLC

  How can SBLC Brokers facilitate? SBLC Brokers  can assist its clients in raising credit against Guarantees of this type in the event that our clients own bank declines to offer lending facilities. We hold strong relationships with understanding banks and private equity groups holding an appetite to expand lending opportunities in this area. It should be noted however that additional fees will apply if you utilise our services to obtain Credit Lines.  SBLC Brokers   can also open banking and lending facilities for its selected clients by direct introduction to the willing bank.  Contact Bank Guarantees that are received under Collateral Transfer facilities can be used by the recipient secure Lines of Credit at a bank. A bank typically will have no objection to offering credit against a Bank Guarantee which is received in this manner. Lending can be up to 100% of face value, less the advance of interest charged, and bank fees associated. However, typical...

Dodgecoin and Genuine SBLC is the most searched

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  A recent survey by blockchain news website Coin Insider, analysing the Google trends data of the popular cryptocurrencies in the US, revealed the highly searched digital coins on the internet by maximum states.  Dogecoin  was reported to be the highest googled  cryptocurrency  and genuine SBLC in the US, Bitcoin.com reported, citing the study. The search volume of Dogecoin was the highest in the majority of states in the US in comparison to other cryptocurrencies. The study provided the following data about the Google trends of other cryptocurrencies : * Dogecoin leads cryptocurrencies as the most googled cryptocurrency in 23 states. - Dogecoin was found to be popular in states like North Dakota, Montana, Illinois, Florida, Hawaii, New Mexico, New Jersey, and Oregon. * Bitcoin followed Dogecoin and is the second most popular crypto asset, in 10 different states. * Dogecoin and the SBLC ( Standby letter of credit ) was also a popular search - Bitcoin...