To complete a successful Private Bluescreen Contract transaction, the interested client must provide the following:
1. CIS of Euro Provider
2. Passport of Euro Provider
3. Signed Bluescreen Contract (see attached sample)
4. Signed Bank Bluescreen Confirmation Letter (see attached sample)
The contract value must reflect the Euro currency currently available to exchange when the contact is submitted to the USD Provider. If the Euro provider plans to exchange additional funds they be executed on a contract to contract basis.
Once everything is in place, the entire contract will be completed and the tranching schedule will be set and funds will be exchanged accordingly. As indicated above, all the USD Provider needs to start this process is the CIS and Passport of the Euro Provider, a signed Bluescreen Contract and a signed Bank Bluescreen Confirmation Letter Once these documents are submitted to the USD Provider, the USD Provider will contact the Euro Provider's bank (where the funds are currently deposited) to verify that they have the amount of the total contract value . If the funds are in the account the two Providers will move quickly to finalize and execute the contract and take down the entire amount. If the funds are not in the account, the USD Provider will terminate the transaction.
For further details, contact SYED JAMALUDDIN Germany on +49-1747061641 or send him an email at syed.jamaluddin@gmail.com or argointernationalusa@googlemail.com
Friday, February 6, 2009
CURRENCY-LEDGER TO LEDGER PROCEDURE
Our private USD provider works with Ledger to Ledger. We are selling/offering the USD at any agreed discount/bonus via Ledger to Ledger procedures.
The documents required by the provider of USDs to complete an L2L contract are the following: (Draft Documents can be provided to interested clients)
1) CIS of Euro Provider
2) Color Copy of Passport of Euro Provider
3) Non-Solicitation Letter
4) Signed Contract and MFPA
5) LOI
POF is not required upfront the POF will be done Bank to Bank: USD Provider will contact Euro Provider's Bank to verify funds - only require proof of first tranch capability. After the required items are received they will be vetted and sent directly to the USD Provider. We will then schedule/coordinate a conference call between the USD Provider and the Euro Provider. This conference call will serve as an introductory call to establish protocol and set up a time to proof funds bank to bank.
The documents required by the provider of USDs to complete an L2L contract are the following: (Draft Documents can be provided to interested clients)
1) CIS of Euro Provider
2) Color Copy of Passport of Euro Provider
3) Non-Solicitation Letter
4) Signed Contract and MFPA
5) LOI
POF is not required upfront the POF will be done Bank to Bank: USD Provider will contact Euro Provider's Bank to verify funds - only require proof of first tranch capability. After the required items are received they will be vetted and sent directly to the USD Provider. We will then schedule/coordinate a conference call between the USD Provider and the Euro Provider. This conference call will serve as an introductory call to establish protocol and set up a time to proof funds bank to bank.
PROCEDURE TO LEASE A FINANCIAL INSTRUMENT AGAINST POF / CD
In view of the difficulties that some of our customers meet to follow the procedure for the leasing of financial instruments to the purposes of TRADING or as collateral to their credit lines, one of the providers with whom we are working, has pointed out the following proposal which give to the borrower the possibility to pay the leasing fees by bank backed (signed per aval by an acceptable bank) promissory notes against a proof of funds (POF/CD). Lender decided to work with cash backed CD because is the only way to grants the traders that the funds are blocked having CD the maturity date of one year from the issuing date.
1. Leasing of the instrument:
a. Borrower should submit the application form to lease a financial instrument with standard procedure. You already are familiar with that procedure which remains unchanged step by step, but for leasing fees payment (refer to point c.) and for return of the leased instrument (refer to point b.) because when the borrower apply for an instrument with payment of fees by bank backed promissory note to be discounted by the provider company, the lender, instead of sending the instrument to the borrower bank, will send it to the bank of the provider who will discount the promissory notes (as third party).
b. As the provider will supply to the borrower a POF using certificate of deposit cash backed (attachment 1) and Safekeeping Certificates of Deposit (attachment 2), two different agreements will be issued i.e.:
- leasing agreement between the LENDER and the BORROWER
- discounting bank instrument agreement, between the PROVIDER and the BORROWER, which will bear all references to the leasing agreement.
Of course, this procedure will avoid both due diligence and borrower bank engagement to return the instrument to the lender at the instrument maturity date, because it will be the provider bank that takes this engagement.
c. In the application form, you have to cross the OPTION “to receive the proof of funds (POF) instead of the instrument” . In that case, borrower must arrange for the payment of leasing fees by bank backed promissory notes (attachment 3) which expiring dates will be negotiated.
d. As a formality, necessary to comply with leasing agreement terms and conditions, the Lender will authorize the receiving bank - which in that case is the bank of the provider - to encumber or pledge the instrument against an official letter, signing by two bank officers, undertaking the obligation to return the instrument 15 days before his maturity date unencumbered and free of liens.
e. BORROWER must agree and confirm that certificate of deposit remains on deposit and cannot be collected.
2. Discount of the Bank Instrument:
An agreement will be signed between the provider company (third party) - willing and capable to exchange leased financial instrument against a “PROOF OF FUNDS / CD” - and the company who has leased the instrument (borrower). The POF/CD will be issued for the sum equal to 90% of instrument face value.
3. Proof of Funds (POF/CD):
POF/CD can be utilized to enter in a Trading Program (which can give very high profits) , as collateral of a credit line, etc.
4. Pre advice request:
The Lender is ready, willing and able to organize the delivery of a pre advice swift MT999 and MT 799 - neither from European nor from U.S. banks for non solicitation regulations - to the Borrower’s designated bank, after the payment to a lender designated clearing account of an amount of EUR 150,000.00 covering the banking expenses to organize the delivery of the pre advise swift. Swift transmission will be:
• MT999 direct to borrower designated bank, only if banks do not have same correspondent.
• MT799 direct to issuing bank correspondent in the Country where is located the borrower bank, for final delivery to the borrower bank,
This money will be refunded after successfully closing the transaction. the borrower has the right also to deduct it from the service fees total amount.
Procedure step-by-step:
1. CLIENTS SUBMIT A SIMPLE APPLICATION (SEE POINT 1.C) TO REQUEST THE LEASING OF AN INSTRUMENT SELECTED FROM OUR LIST.
2. APPLICATION FORM MUST BE COMPLETED WITH A DETAILED DESCRIPTION OF THE PROJECT (OR PURPOSE FOR WHICH THE BANK INSTRUMENT IS BEING LEASED) AND THE PASSPORT COPY OF THE AUTHORIZED SIGNATORY.
3. THE CONTRACT WILL BE SENT FOR SIGNATURE, AND IN THE SAME TIME THE BORROWER WILL RECEIVE AN INVOICE FOR THE EXPENSES DUE TO PERMIT TO COVER THE CALL OPTION EXPENSES TO RESERVE THE BANK INSTRUMENT, AMOUNTING TO:
FOR INSTRUMENTS WITH A FACE VALUE:
• UP TO 499 M. THE SETTLEMENT FEE IS EURO 20,000
• FROM 500 M. TO 999 M. THE SETTLEMENT FEE IS EURO 25,000
• FOR INSTRUMENTS ABOVE 1 B. THE SETTLEMENT FEE IS EURO 30,000.
PLEASE NOTE THAT IT IS IN EURO NO MATTER WHAT CURRENCY THE INSTRUMENT IS IN.
(THIS MONEY WILL BE REFUNDED AFTER SUCCESSFULLY CLOSING OF THE TRANSACTION. THE BORROWER HAS THE RIGHT ALSO TO DEDUCT THE ABOVE MENTIONED AMOUNT FROM THE SERVICE FEES TOTAL AMOUNT).
4. AFTER RECEIPT OF ALL DOCUMENTS SIGNED AND OF THE DEPOSIT OF THE SUM ABOVE DESCRIBED, THE LENDER WILL PROVIDE FOR A PROFORMA INVOICE WITH ALL DETAILS OF THE BANK INSTRUMENT, CORPORATE DEED OF ASSIGNMENT, EUROCLEAR AND CLEARSTREAM PRINTOUT, BLOOMBERG OR SECURITY CARD OF THE STOCK EXCHANGE MARKET WHERE THE INSTRUMENT IS QUOTED .
5. AFTER VERIFICATION, THE BORROWER MUST PROVIDE FOR LEASING FEES PAYMENTS (PROMISSORY NOTES SIGNED PER AVAL BY AN ACCEPTABLE BANK ), NOT LATER THAN 20 DAYS FROM DATE OF PROFORMA INVOICE (POINT 4). PROMISSORY NOTES EXPIRING DATES MUST BE AGREED WITH THE LENDER
6. WHEN PROMISSORY NOTES ARE READY AND SIGNED PER AVAL BY BORROWER BANK, BORROWER MUST SEND THEM FOR APPROVAL BY E-MAIL TO THE LENDER. AFTER LENDER BANK APPROVAL OF THE AVAL SIGNATURES, THE BORROWER WILL RECEIVE BY E-MAIL THE INSTRUCTION WITH ADDRESS WHERE TO SEND ORIGINAL PROMISSORY NOTES.
7. ON RECEIPT OF ORIGINAL PROMISSORY NOTES, THE PROCEDURE TO LEASE THE INSTRUMENT, DISCOUNT IT AND SUPPLY YOU THE POF/CD WILL START.
10. WITHIN 10 BANKING DAYS PROVIDER WILL INSTRUCT HIS BANK TO ISSUE THE CERTIFICATE OF DEPOSIT FOR THE SUM EQUAL TO 90% OF INSTRUMENT FACE VALUE. BORROWER MUST AGREE AND CONFIRM THAT CERTIFICATE OF DEPOSIT REMAINS ON DEPOSIT AND CANNOT BE T4RANSFERRED OR WITHDRAWN.
For further details, please contact ROBERT VEKICH on USA No: +1 612 877 2016 or SYED JAMALUDDIN on CELL No: +49-1747061641 (GERMANY)
1. Leasing of the instrument:
a. Borrower should submit the application form to lease a financial instrument with standard procedure. You already are familiar with that procedure which remains unchanged step by step, but for leasing fees payment (refer to point c.) and for return of the leased instrument (refer to point b.) because when the borrower apply for an instrument with payment of fees by bank backed promissory note to be discounted by the provider company, the lender, instead of sending the instrument to the borrower bank, will send it to the bank of the provider who will discount the promissory notes (as third party).
b. As the provider will supply to the borrower a POF using certificate of deposit cash backed (attachment 1) and Safekeeping Certificates of Deposit (attachment 2), two different agreements will be issued i.e.:
- leasing agreement between the LENDER and the BORROWER
- discounting bank instrument agreement, between the PROVIDER and the BORROWER, which will bear all references to the leasing agreement.
Of course, this procedure will avoid both due diligence and borrower bank engagement to return the instrument to the lender at the instrument maturity date, because it will be the provider bank that takes this engagement.
c. In the application form, you have to cross the OPTION “to receive the proof of funds (POF) instead of the instrument” . In that case, borrower must arrange for the payment of leasing fees by bank backed promissory notes (attachment 3) which expiring dates will be negotiated.
d. As a formality, necessary to comply with leasing agreement terms and conditions, the Lender will authorize the receiving bank - which in that case is the bank of the provider - to encumber or pledge the instrument against an official letter, signing by two bank officers, undertaking the obligation to return the instrument 15 days before his maturity date unencumbered and free of liens.
e. BORROWER must agree and confirm that certificate of deposit remains on deposit and cannot be collected.
2. Discount of the Bank Instrument:
An agreement will be signed between the provider company (third party) - willing and capable to exchange leased financial instrument against a “PROOF OF FUNDS / CD” - and the company who has leased the instrument (borrower). The POF/CD will be issued for the sum equal to 90% of instrument face value.
3. Proof of Funds (POF/CD):
POF/CD can be utilized to enter in a Trading Program (which can give very high profits) , as collateral of a credit line, etc.
4. Pre advice request:
The Lender is ready, willing and able to organize the delivery of a pre advice swift MT999 and MT 799 - neither from European nor from U.S. banks for non solicitation regulations - to the Borrower’s designated bank, after the payment to a lender designated clearing account of an amount of EUR 150,000.00 covering the banking expenses to organize the delivery of the pre advise swift. Swift transmission will be:
• MT999 direct to borrower designated bank, only if banks do not have same correspondent.
• MT799 direct to issuing bank correspondent in the Country where is located the borrower bank, for final delivery to the borrower bank,
This money will be refunded after successfully closing the transaction. the borrower has the right also to deduct it from the service fees total amount.
Procedure step-by-step:
1. CLIENTS SUBMIT A SIMPLE APPLICATION (SEE POINT 1.C) TO REQUEST THE LEASING OF AN INSTRUMENT SELECTED FROM OUR LIST.
2. APPLICATION FORM MUST BE COMPLETED WITH A DETAILED DESCRIPTION OF THE PROJECT (OR PURPOSE FOR WHICH THE BANK INSTRUMENT IS BEING LEASED) AND THE PASSPORT COPY OF THE AUTHORIZED SIGNATORY.
3. THE CONTRACT WILL BE SENT FOR SIGNATURE, AND IN THE SAME TIME THE BORROWER WILL RECEIVE AN INVOICE FOR THE EXPENSES DUE TO PERMIT TO COVER THE CALL OPTION EXPENSES TO RESERVE THE BANK INSTRUMENT, AMOUNTING TO:
FOR INSTRUMENTS WITH A FACE VALUE:
• UP TO 499 M. THE SETTLEMENT FEE IS EURO 20,000
• FROM 500 M. TO 999 M. THE SETTLEMENT FEE IS EURO 25,000
• FOR INSTRUMENTS ABOVE 1 B. THE SETTLEMENT FEE IS EURO 30,000.
PLEASE NOTE THAT IT IS IN EURO NO MATTER WHAT CURRENCY THE INSTRUMENT IS IN.
(THIS MONEY WILL BE REFUNDED AFTER SUCCESSFULLY CLOSING OF THE TRANSACTION. THE BORROWER HAS THE RIGHT ALSO TO DEDUCT THE ABOVE MENTIONED AMOUNT FROM THE SERVICE FEES TOTAL AMOUNT).
4. AFTER RECEIPT OF ALL DOCUMENTS SIGNED AND OF THE DEPOSIT OF THE SUM ABOVE DESCRIBED, THE LENDER WILL PROVIDE FOR A PROFORMA INVOICE WITH ALL DETAILS OF THE BANK INSTRUMENT, CORPORATE DEED OF ASSIGNMENT, EUROCLEAR AND CLEARSTREAM PRINTOUT, BLOOMBERG OR SECURITY CARD OF THE STOCK EXCHANGE MARKET WHERE THE INSTRUMENT IS QUOTED .
5. AFTER VERIFICATION, THE BORROWER MUST PROVIDE FOR LEASING FEES PAYMENTS (PROMISSORY NOTES SIGNED PER AVAL BY AN ACCEPTABLE BANK ), NOT LATER THAN 20 DAYS FROM DATE OF PROFORMA INVOICE (POINT 4). PROMISSORY NOTES EXPIRING DATES MUST BE AGREED WITH THE LENDER
6. WHEN PROMISSORY NOTES ARE READY AND SIGNED PER AVAL BY BORROWER BANK, BORROWER MUST SEND THEM FOR APPROVAL BY E-MAIL TO THE LENDER. AFTER LENDER BANK APPROVAL OF THE AVAL SIGNATURES, THE BORROWER WILL RECEIVE BY E-MAIL THE INSTRUCTION WITH ADDRESS WHERE TO SEND ORIGINAL PROMISSORY NOTES.
7. ON RECEIPT OF ORIGINAL PROMISSORY NOTES, THE PROCEDURE TO LEASE THE INSTRUMENT, DISCOUNT IT AND SUPPLY YOU THE POF/CD WILL START.
10. WITHIN 10 BANKING DAYS PROVIDER WILL INSTRUCT HIS BANK TO ISSUE THE CERTIFICATE OF DEPOSIT FOR THE SUM EQUAL TO 90% OF INSTRUMENT FACE VALUE. BORROWER MUST AGREE AND CONFIRM THAT CERTIFICATE OF DEPOSIT REMAINS ON DEPOSIT AND CANNOT BE T4RANSFERRED OR WITHDRAWN.
For further details, please contact ROBERT VEKICH on USA No: +1 612 877 2016 or SYED JAMALUDDIN on CELL No: +49-1747061641 (GERMANY)
ARGO INTERNATIONAL INC. USA
Argo's several years of experience in the field of sourcing and supplying of ORDINARY PORTLAND CEMENT (GRADE 32.5/42.5/52.5), SUGAR, PARBOILED / BASMATI RICE, UREA FERTILIZER 46N shall enable you to stop worrying any longer. If you need any of the above-mentioned items / commodities / products, all you need is to provide your LETTER OF INTENT addressed to Argo International Inc. with the following basic information as Argo International Inc. will handle your request with best professional expertise:
1. NAME OF BUYER
2. ADDRESS / TEL / FAX / EMAIL OF THE BUYER
3. BUYER'S BANKING COORDINATES
4. PRODUCTS / ITEMS / COMMODITIES REQUIRED
5. TOTAL QUANTITY REQUIRED (WITH DETAILS OF PACKING & ORIGIN)
6. TARGET PRICE
7. TERMS OF PAYMENT
8. SHIPMENT TERMS (CIF / FOB)
9. PORT OF SHIPMENT
10. NAME OF CONSIGNEE AT THE PORT OF SHIPMENT
Please send your signed / stamped Letter of Intent to the following email address / fax:
argointernationalusa@googlemail.com
syed.jamaluddin@gmail.com
FAX +1 612 284 1157
For further details and clarifications, call us on the following telephone numbers:
USA TEL +1 952 939 4075
GERMANY TEL + 49 1747061641
BELGIUM TEL +32 48 836 7658
1. NAME OF BUYER
2. ADDRESS / TEL / FAX / EMAIL OF THE BUYER
3. BUYER'S BANKING COORDINATES
4. PRODUCTS / ITEMS / COMMODITIES REQUIRED
5. TOTAL QUANTITY REQUIRED (WITH DETAILS OF PACKING & ORIGIN)
6. TARGET PRICE
7. TERMS OF PAYMENT
8. SHIPMENT TERMS (CIF / FOB)
9. PORT OF SHIPMENT
10. NAME OF CONSIGNEE AT THE PORT OF SHIPMENT
Please send your signed / stamped Letter of Intent to the following email address / fax:
argointernationalusa@googlemail.com
syed.jamaluddin@gmail.com
FAX +1 612 284 1157
For further details and clarifications, call us on the following telephone numbers:
USA TEL +1 952 939 4075
GERMANY TEL + 49 1747061641
BELGIUM TEL +32 48 836 7658
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