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Purchase Standby Letter of Credit (SBLC) – Owned
Instrument & Service Description:
Our Owned Standby Letter of Credit is issued by World Top 100 Banks, we use the Bank SWIFT Network to have clients Owned Standby Letter of Credit (SBLC) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760. We operate a reliable, efficient delivery and authentication process.
Client Deposits are 100% Protected with 3 Levels of Protection
We value our relationships with our clients so much that ALL CLIENT DEPOSITS receive 3 Tiers of Protection which are:
Corporate Refund Undertaking
Two Percent (2%) Non Performance Penalty
Deposit Refund Protection Program.
The Deposit Refund Protection Program Guarantees clients Deposits are 100% Safe AND ensures clients Deposits are paid back in FULL to their bank account BEFORE we Deliver the Standby Letter of Credit (SBLC) to the clients nominated Bank coordinates. This is a unique Program that is only available to clients of Secure Platform Funding! We specially structured this program to provide clients with the safety, security and peace of mind they deserve when Purchasing an Owned Standby Letter of Credit (SBLC) from us.
14 Massive Advantages when Buying a Standby Letter of Credit (SBLC) from us!
Program operated with Standby Letter of Credit from Top 100 World Banks
Standby Letter of Credit (SBLC) are available in both USD or Euro Currencies, pay in USD we Issue in USD, Pay in Euro, we issue in Euro
Low Purchase Rate of 48+2 (50% Total)
10 Days to Complete Full Payment after Delivery of MT760 to your Bank.
MT799 Pre advice Included with Standby Letter of Credit (SBLC) Delivery
Corporate Refund Undertaking protects your Deposit
No Personal or Corporate Credit Checks
No Project Documentation Required
LOI Signed within 24 Hours of being completed and returned to us
Simple Delivery of MT760 direct to your Bank.
Up to 1.5% Commission Paid to Brokers
All Standby Letter of Credit (SBLC) are Fresh Cut specifically for each Client
2% Non-Performance Penalty in All agreements
Your Deposit is 100% Capital Protected and Repaid in Full to you BEFORE we Deliver the Standby Letter of Credit (SBLC) if you enroll in our Deposit Refund Protection Program.
Owned Standby Letter of Credit (SBLC) Deposit Requirements:
10M SBLC - $250,000
20M SBLC - $280,000
30M SBLC - $300,000
50M SBLC - $320,000
70M SBLC - $350,000
100M SBLC - $400,000
150M SBLC - $450,000
200M SBLC - $500,000
300M SBLC - $600,000
400M SBLC - $650,000
500M SBLC - $800,000
Prices in USD
Dual Financial Requirements:
When Purchasing an Owned Standby Letter of Credit (SBLC) clients must meet two financial requirements:
Clients MUST be able to pay the above Deposit to have the SBLC Delivered to their bank.
Clients MUST be able provide a Bank Comfort Letter (BCL) proving they have the funds in their account currently to pay for the 48+2 cost of the SBLC when it is delivered.
These two important criteria are Non Negotiable!
Estimated Completion Time:
The SWIFT MT760 is Delivered 2 Days after the Issuing and Receiving Banks exchange MT799s.
Closing Process - SWIFT:
Within three (3) banking days after the Provider has received the clients Deposit, the Provider will instruct his issuing bank to create the Standby Letter of Credit (SBLC) for the Beneficiary and schedule it delivery to the Beneficiaries Bank.
Within ten (10) banking days Providers issuing bank then issues and sends a Preadvice Notification via swift MT799 to Beneficiaries designated bank receiving account. (Provider shall provide a copy of said MT799 to the Beneficiary by email).
When the Beneficiaries bank has replied to the MT799 by SWIFT, then the Providers issuing bank issues and sends the Standby Letter of Credit (SBLC) via swift MT760 to Beneficiaries designated bank receiving account. (Provider shall provide a copy of said MT760 to the Beneficiary by email).
The Beneficiaries bank verifies, and pays for the Standby Letter of Credit (SBLC) within Ten (10) banking days, and additionally pays out the consultancy fees/commissions.
Providers bank, within three (3) banking days of receipt of full Invoice payment for the Standby Letter of Credit (SBLC), sends the hard copy original Standby Letter of Credit (SBLC) to the Beneficiary’s Bank by bank-bonded courier.
The Standby Letter of Credit (SBLC) is issued with a Value of: $100,000,000,000
The Standby Letter of Credit (SBLC) Cost to Client is (48%+2%) 50% LTV being: $50,000,000,000
Within 10 Days After SBLC Delivery by MT760 the Clients Bank Pays 50% being $50,000,000,000 to the Issuing Bank
We solely deal with real deals, real people and real Owned Standby Letters of Credit (SBLC) that need to be delivered to our clients nominated bank accounts. The Bank SWIFT Network is the Gold Standard that validates all aspects of this transaction and provides a respected industry platform where a safe settlement can be facilitated. Close your successful transaction with Olive Capital Funding.