Check Scams, Debt Collection scams and other financial scams.
#317835 by AlanJones Tue Jan 24, 2017 1:24 am
Bank Instruments Scammer - [email protected]

BANK INSTRUMENT PARTICULARS



Instruments: Fully Cash Backed/Bank Guarantee (Standard ICC format)

Age: Fresh Cut

Interest Rate: Zero Coupon

Term: One (1) years and One (1) day

Currency: Euro

Bank Menu: Barclays Bank Plc

Amount: XXXX Euro with rolls & extensions

Invoice Price: Forty (40%) Percent of the Face Value

Intermediary Fees: Two Percent (2%) of Face Value payable by Buyer

First Tranche: Negotiable.

Subsequent tranches: As per agreed tranching schedule



Delivery: Issuing Bank sends PRE-ADVICE SWIFT MT-799/Buyer’s Bank sends ICBPO OR CONFIRMATION LETTER SWIFT MT-799/Issuing Bank sends instrument via SWIFT MT-760.

Hard copy of Instrument will be delivered to Buyer’s Bank via Bank Bonded courier within 7 banking days after receipt and authentication of payment.



Payment: Within 7 banking days after receipt and authentication of SWIFT MT-760, Buyer’s Bank will release payment to Seller’s Bank via SWIFT MT-103 in accordance with terms and conditions in Buyer’s SWIFT MT799 ICBPO OR CONFIRMATION LETTER.



TRANSACTION PROCEDURES



1. Buyer submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account), Enlarged 140% Colour copy of Passport , Client Information Sheet , Certificate of Incorporation (if applicable), Corporate Resolution (if applicable), Non-Solicitation Statement, and an Irrevocable Fee Protection Agreement .



2. After conducting due diligence, the Seller will countersign the LOI and return it to Buyer including details of the BG Issuing bank, and Seller’s Passport copy. This LOI automatically becomes a full commercial recourse contract. Both parties shall lodge the executed contract with their respective Banks and Buyer will be required to acquire customer status with our bank by opening a business account with us (Barclays bank)with initial/activation deposit of atleast GBP £30,000 to avoid upfront fees. Meanwhile, buyer may decide to withdraw the deposit and close this account at the end of this transaction or keep it for further transactions after the first transaction is successfully completed.





3. Within two (2) banking days, the Seller’s Bank shall send a PRE-ADVICE SWIFT MT-799 to the Buyer’s Bank. (EXHIBIT A ) The PRE-ADVICE shall be valid for four (4) banking days only.



4. Within the same banking day, the Seller shall email a courtesy copy of the PRE-ADVICE SWIFT MT-799 to the Buyer for confirmation. Within three (3) banking days after authentication of the PRE-ADVICE SWIFT MT-799,the Buyer’s Bank shall reply and send a SWIFT MT-799 ICBPO OR CONFIRMATION LETTER ( EXHIBIT B ) to the Seller’s bank and a courtesy copy shall be sent to the Seller’s email.

5. Within three (3) banking days, after authentication of the Buyer’s SWIFT MT-799 ICBPO OR CONFIRMATION LETTER, the Seller’s BG Issuing Bank shall send the Bank Guarantee via SWIFT MT-760 to the Buyer’s Bank ( EXHIBIT C ) and a courtesy copy shall be sent to the Buyer’s email. The Buyer’s bank verifies and authenticate the BG sent via SWIFT MT-760.



6. Within three (3) banking days, after authentication of the BG sent via SWIFT MT-760, the Buyer shall send payment to the Seller via SWIFT MT-103 and concurrently pay Consultants commission fees of Two Percent of each tranche face value. Courtesy copies of the commission payments shall be sent to the respective consultants/beneficiaries and their paymasters.



7. Within seven (7) banking days after authentication of receipt of payment to the Seller, the Seller’s BG Issuing Bank shall send the hard copy of the BG to the Buyer’s Bank via Bank Bonded Courier.



8. All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.

9. Any unauthorized calls by any party or its representative lawyers to probe or communicate in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.



Should Buyer default to pay the fees to the Seller and the Intermediaries fees as agreed on this contract within the allowed number of days on authentication of SWIFT MT-760, the Seller shall instruct the BG Issuing Bank to put a claim on the BG thereby forcing the Buyer's Bank to return the BG SWIFT MT-760 to the issuing Bank.


Fake profile used to post the above - Michael Fiedler - [email protected]

Please do not tell scammers that they are listed here - it will take them seconds to change their fake details and their new details will not be listed for any future victims to find.
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