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Looking for we are direct providers of fresh cut bank guarantee (bg)

  • Sourcing Country:TurkeyTurkey
  • Required Quantity: Ask From Buyer
  • Posted Date:26 Mar 2024
  • Expiry Date:21 May 2024
  • Buyer Name: tr.sukru.215416
  • Usage:
    Ask From Buyer
  • Buying Frequency: One Time
  • Email:
    s****@***********m
  • Approx Order Value:
    Ask From Buyer
  • Quotations Received: 10 Quotes
  • Contact Number:
    2****04
  • FOB Price:
    Ask From Buyer
  • Time Left: 35 Days
  • Shipping Terms:
    Ask From Buyer
  • Payment Terms: T/T, LC, D/P, PayPal, Western Union
  • Preferred Supplier Country:ChinaChina

RFQ Description

We are looking for a 20B instrument with the below conditions.Instrument: Bank Guarantee (BG) ICC 458 Format Instruments Age:Fresh Cut Interest Rate: Zero Percent (0%) Coupon Instruments Term: One (1) Year and One (1) Day Issuing Banks: Barcalys PLC / HSBC / Deutsche / Top 25 in Europe Contract Amount: Five Hundred Million Euros (š¬500,000,000), with Rolls and Extensions up to Twenty Billion Euros (š¬20,000,000,000) Selling Price : Forty Percent (40%) of Bank Guarantees Face Value.Consultancy Fees: Two (2.0%) Percent of BGs Face Value to be Paid by Buyers (1% Buyer Side & 1% Seller Side)Payment: MT799/103-23 ICBPO x 2, then MT103/TT After MT760Delivery: Swift MT-760 Only Followed by Hardcopy to be Delivered Via Bank Courier Within Seven (7) Banking Days.Notice :- Payments not Received in Timely Manner will Result in Instrument Being Re-called and you Being Billed for all Bank Charges and Fees.- Within 3 Banking Days After Signing Formalities Sellers Bank will send the Pre-advice MT-799 or MT-199 to Buyers Bank in favor of Buyers name. Along with Sellers Bank Certified Corporate Invoice.- Upon Verification and confirmation of the above Pre-advice, Buyers Bank sends the ICBPO via MT-799 or MT103-23 to Sellers Bank in favor of Seller within 2 Banking days- Upon Verification and Confirmation of above ICBPO, Sellers Bank sends the bg via MT-760 to Buyers Bank in favor of Buyer within 2 Banking days.- Within two days of Confirmation of bg MT-760, Buyer Bank Release the Cash to Sellers Bank and Pay Commission Fees to the consultants at same day.- Sellers Bank sends the Hard Copy of BG by Bonded Courier to Buyers Bank within 5-7 Banking dayEmail: *@********************

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