This document outlines the procedures and rates for issuing financial guarantee bonds (BG/SBLC) from Gerrard Financial Planning Ltd. There are two standard procedures: one for instruments valued at 50 million USD and above, and another for those valued below 49 million USD. For instruments 50 million USD and above, the buyer must first send an irrevocable commitment bond payment (ICBPO) or funds transfer, then the seller will issue an MT799 SWIFT message before the buyer pays a 1% fee. Upon payment of the fee, the seller will issue an MT760 guarantee message. For instruments below 49 million USD, the buyer must pay transmission charges of 50,000-75,000 USD

1. From:
Gerrard Financial Planning Ltd.
1, ChurchHill Place, London
E14 5HP U.K.
Telephone:+44(0)7700013403 ,
Fax: +44(0)2075048108
Company Reg. No: 00973635
Company Registration Date: 1970-03-02
Contact Person: GAVIN JOSEPH BURRELL
Email: gfinancialplanninglimited@consultant.com
We can issue FC BG/SBLC. We do not charge upfront fees unless the instrument value is below 300
million USD or you want us to move first with an RWA. If we are not to charge money upfront then the
client must first move with an ICBPOor MT103/23 or Block Fund MT799, then once that is done we will
issue the MT760 via MT799.
We cannot work with other procedures since we are the seller, and it has been approved by our bank and
our asset backers.
I have attached our DOA for Buyout and Lease our rates are in our DOA show your clients this is what we
can do. If they are serious we are ready to countersign and proceed.
Otherwise Bellow is our normal procedure.
We issue BG/SBLC at 35+2 for buy procedure and 6+2 for lease procedure.
We issue BG/SBLC at 35+2 for buy procedure and 6+2 for lease procedure.
We have two standard procedures for issuing BG/SBLC, one for 50M and above and the other for 49M
and below.
With the procedure of 50M and above, we can issue as much as 2B and more.
If you or your client wants BG/SBLC of 50M and above then we can work with our standard buy and lease
procedure the DOA for this procedure (50M and above) will be send to you as soon as you accept our
procedure
In this procedures After the receiver issues ICBPO,or MT103/23 or MT799 Block fund as stated above
we start by sending MT799 then receiver pays any 1% fee. Before we proceed We would however
require that client shows bank account statement confirming that they can afford the 1% before we
proceed; the client will only pay the 1% after we issue MT799, the receivers bank will verify the MT799
before receiver pay the 1%. After 1% is paid then we would issue the MT760 after client receives MT760
then he pay the balance 34% for buy procedure or 5% for lease.
We issue BG/SBLC from,Barclay's Bank HSBC, Deutsche AG in the UK and from other top banks; these
banks will not issue MT799 on our behalf if we have not also given instruction for the MT760 to be issued.
Our banks compliance always demand our signed DOA so they also ensure that they comply with the
contract and our instructions.
Therefore after MT799 is sent you can be absolutely sure MT760 will be sent.
If receiver cannot afford the 1% or cannot show statement of account that they can afford the 1% fee or
can not issue ICBPO,or MT103/23 or MT799 Block fund then they can only work with our BG/SBLC
procedure we offer for 49M and below and also 49 and above 2B but will abide by the procedure as
explained bellow.
This is basically procedure for clients who want BG/SBLC of 49M and below but we can use the method
of 49 and above based on this procedure only.

2. This procedure would require the client to pay advance Liquidation,Insurance,transmission ,Handling etc
all summed up to transmission charges of between 50,000 to 75,000 before we issue MT799 and MT760
on 49M and bellow but on 49M and above up-to 2Billion the receiver will be required to pay 120,000. This
procedure will not require 1% payment or bank account statements showing that client has the 1%
fee/ICBPO,or MT103/23 or MT799 Block fund.
These are our basic procedure and We only issue BG/SBLC based on our two distinct procedures as
attached.
Attached is our DOA,it can be used for both Lease and buy of BG/SBLC 49M above and Bellow,only
procedure amendment can be made in a situation where chose the procedure to remover 1% and bank
statement or outright payment of Liquidation,Insurance,transmission ,Handling etc all summed up to
transmission charges.
Get back to us if you need more understanding otherwise fill the form and return it, for us to countersign it
and seal/issue the BG/SBLC asap.
Email us at: gfinancialplanninglimited@consultant.com
Telephone: Tel:+44(0)203-5147303
Fax: +44(0)2075048108
Regards
Gavin.