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Looking for bank guarantee

  • Sourcing Country:VietnamVietnam
  • Required Quantity: Ask From Buyer
  • Posted Date:01 Jul 2025
  • Expiry Date:05 Jun 2026
  • Buyer Name: wieger otter
  • Usage:
    Ask From Buyer
  • Buying Frequency: One Time
  • Approx Order Value:
    Ask From Buyer
  • Quotations Received: 14 Quotes
  • FOB Price:
    Ask From Buyer
  • Time Left: 322 Days
  • Shipping Terms:
    Ask From Buyer
  • Payment Terms: T/T, LC, D/P, PayPal, Western Union
  • Preferred Supplier Country:ChinaChina

RFQ Description

Our financial strong business partner, well experienced and established in the financial world is interested to buy out Bank Guarantees (BG) and or Standard Standby Letter of Credit(SBLC-MT-760), with the aim to create early cash for the present holder of the Financial Instrument.This business partner has already handed us a clear Proof of Fund, which has been verified by us.This party is interested to buy out BG/SBLC with a nominal value of min US$ 300 million to max US$ 500 million and with a minimum duration of 12 months.A price can be agreed on depending on the issuing banks credibility, country of origin.Procedure:• BG/SBLC holder/owner offers the BG information on country of origin, issuing bank, nominal value and expected price;• We will check if buyer is interested;• BG Owner presents a verifiable Authority to Verify / Ready Willing & Able (on bank letterhead and signed by two bank managers) ;• After personal verification with the issuing bank the potential Buyer will show his POF and after agreement a contract will be drawn up;• Should BG owner wish to have this handled confidentially, we can arrange a London Lawyer to verify the securities (BG / POF);• The London Lawyer expenses will initially be paid for by the BG Owner; if the BG appears to be original the lawyers costs will be compensated by the buyer;*******@*****.com

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