A letter of credit is a payment mechanism used in international trade that provides assurance of payment to exporters. It is issued by an importer's bank and guarantees payment to the exporter if the terms and conditions outlined in the letter of credit are met. The letter of credit protects both parties by ensuring the exporter receives payment while also outlining the importers requirements. Exporters should carefully negotiate all letter of credit terms and conditions up front to avoid issues later in the transaction.
*** WARNING *** Be advised we report all fraud activities and attempt to commit crimes to INTERPOL, FBI, CIA, IC3, US Treasury Dept., Fin CEN, SEC, Federal Reserve, ICC Commercial Crime Services, RCMP, New Scotland Yard, City of London Fraud Squad, Crime Stoppers International, &/or Homeland Security. *** WARNING *** this communication contains CONFIDENTIAL information. If you are not the intended recipient or believe that you may have received this communication in error, please reply to the sender indicating that fact and DELETE the copy you received. In addition, you should NOT print, copy, re-transmit, disseminate, or otherwise use the information. *** Legal Disclaimer*** : Sender declares that he is not a licensed United States Securities broker or Dealer or U.S. investment advisor, nor the United States licensed Lender or Provider or licensed Agent offering licensed product or services, and both parties declare that this e-mail is not intended for the buying, selling, or trading or securities, or the offering of counsel or advice with respect to any such activities. **By accepting and opening this e-mail, you have agreed to a binding non-disclosure & non-circumvent that ensures complete confidentiality between the reader and creator of the contents/attachments presented in this e-mail, which further prohibits any promotion, discussion, replication or additions without the consent of OpuFundHoldings International Limited. **The content of this e-mail does NOT constitute a contract of services or promise of services or investment or promised investment capital toward any concept, idea or project referenced or directly addressed in the body or relating portions of this e-mail. This e-mail is merely designed as an exchange of ideas. ** This email transmission and any attachments are for the sole use of the intended recipient(s) and may contain confidential and privileged information that is the sole property of OpuFundHoldings International Limited. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender and destroy and delete all copies of this email and any attachments. These Confidential communications are protected under Gramm-Leach-Bailey Act 15 USC, Subchapter 1, sections 6801-6809 and other laws addressing the disclosure of Non-Public Personal Information. Also see: http://www.ftc.gov/privacy/glbact/glbsub1.htmGramm-Leach-Bliley Act 15 USC, Subchapter 1, Sec. 6801-68
*** WARNING *** Be advised we report all fraud activities and attempt to commit crimes to INTERPOL, FBI, CIA, IC3, US Treasury Dept., Fin CEN, SEC, Federal Reserve, ICC Commercial Crime Services, RCMP, New Scotland Yard, City of London Fraud Squad, Crime Stoppers International, &/or Homeland Security. *** WARNING *** this communication contains CONFIDENTIAL information. If you are not the intended recipient or believe that you may have received this communication in error, please reply to the sender indicating that fact and DELETE the copy you received. In addition, you should NOT print, copy, re-transmit, disseminate, or otherwise use the information. *** Legal Disclaimer*** : Sender declares that he is not a licensed United States Securities broker or Dealer or U.S. investment advisor, nor the United States licensed Lender or Provider or licensed Agent offering licensed product or services, and both parties declare that this e-mail is not intended for the buying, selling, or trading or securities, or the offering of counsel or advice with respect to any such activities. **By accepting and opening this e-mail, you have agreed to a binding non-disclosure & non-circumvent that ensures complete confidentiality between the reader and creator of the contents/attachments presented in this e-mail, which further prohibits any promotion, discussion, replication or additions without the consent of OpuFundHoldings International Limited. **The content of this e-mail does NOT constitute a contract of services or promise of services or investment or promised investment capital toward any concept, idea or project referenced or directly addressed in the body or relating portions of this e-mail. This e-mail is merely designed as an exchange of ideas. ** This email transmission and any attachments are for the sole use of the intended recipient(s) and may contain confidential and privileged information that is the sole property of OpuFundHoldings International Limited. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender and destroy and delete all copies of this email and any attachments. These Confidential communications are protected under Gramm-Leach-Bailey Act 15 USC, Subchapter 1, sections 6801-6809 and other laws addressing the disclosure of Non-Public Personal Information. Also see: http://www.ftc.gov/privacy/glbact/glbsub1.htmGramm-Leach-Bliley Act 15 USC, Subchapter 1, Sec. 6801-68
A Cyprus company can open a bank account in Dubai. We provide complete support and guidance in this regard including the attestation requirements. For more information, please write to bc@intuitconsultancy.com
Dear sir,
We are project funder with our cutting edge and group capital fund we can finance your signatory projects and help you to enhance your business plan, our financial instrument can be used for purchase of good from any manufacturer irrespective of location. We specialized in BG, SBLC, MTN, CD,LC , Non collateral loan, confirmable Bank Draft and other financial assistance from AAA rated bank (Prime Bank). The financial instrument can be invested into High Yield Trading Program or Private Placement Programme (PPP). Please see our instrument description and leasing procedure as follow.DESCRIPTION OF INSTRUMENT:
1. Instrument: Bank Guarantee {BG}/StandBy Letter of Credit{SBLC}(Appendix A)
2. Total Face Value: Eur/USD 1M{Minimum} to Eur/USD 10B{Maximum}
3. Issuing Bank: AAA Rated Bank (Prime Bank)
4. Age: One Year and One Day
5. Leasing Price: 5.0%+1%=6%
6. Delivery: S.W.I.F.T MT-760
7. Payment: MT103 (TT/WT)
8. Hard Copy: Bonded Courier Service We specialize in Bank Guarantee lease and sales, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.Intermediaries/Consultant ts/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
For further inquiries contact
sonilease@gmail.com
Skype ID: soniklease1
Thank you
Dear sir,
We are project funder with our cutting edge and group capital fund we can finance your signatory projects and help you to enhance your business plan, our financial instrument can be used for purchase of good from any manufacturer irrespective of location. We specialized in BG, SBLC, MTN, CD,LC , Non collateral loan, confirmable Bank Draft and other financial assistance from AAA rated bank (Prime Bank). The financial instrument can be invested into High Yield Trading Program or Private Placement Programme (PPP). Please see our instrument description and leasing procedure as follow.DESCRIPTION OF INSTRUMENT:
1. Instrument: Bank Guarantee {BG}/StandBy Letter of Credit{SBLC}(Appendix A)
2. Total Face Value: Eur/USD 1M{Minimum} to Eur/USD 10B{Maximum}
3. Issuing Bank: AAA Rated Bank (Prime Bank)
4. Age: One Year and One Day
5. Leasing Price: 5.0%+1%=6%
6. Delivery: S.W.I.F.T MT-760
7. Payment: MT103 (TT/WT)
8. Hard Copy: Bonded Courier Service We specialize in Bank Guarantee lease and sales, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.Intermediaries/Consultant ts/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
For further inquiries contact
sonilease@gmail.com
Skype ID: soniklease1
Thank you
We specialize in Bank Guarantee lease, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.
Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
Thank you
Email: sonilease@gmail.com
Skype: soniklease1
In deze presentatie worden enkele voorbeelden aangehaald van goede en slechte url structuren. Wanneer is je url structuur fout en wat moet je er juist aan veranderen? En waarom zou je dit allemaal doen... We halen het allemaal even aan in deze presentatie
A Cyprus company can open a bank account in Dubai. We provide complete support and guidance in this regard including the attestation requirements. For more information, please write to bc@intuitconsultancy.com
Dear sir,
We are project funder with our cutting edge and group capital fund we can finance your signatory projects and help you to enhance your business plan, our financial instrument can be used for purchase of good from any manufacturer irrespective of location. We specialized in BG, SBLC, MTN, CD,LC , Non collateral loan, confirmable Bank Draft and other financial assistance from AAA rated bank (Prime Bank). The financial instrument can be invested into High Yield Trading Program or Private Placement Programme (PPP). Please see our instrument description and leasing procedure as follow.DESCRIPTION OF INSTRUMENT:
1. Instrument: Bank Guarantee {BG}/StandBy Letter of Credit{SBLC}(Appendix A)
2. Total Face Value: Eur/USD 1M{Minimum} to Eur/USD 10B{Maximum}
3. Issuing Bank: AAA Rated Bank (Prime Bank)
4. Age: One Year and One Day
5. Leasing Price: 5.0%+1%=6%
6. Delivery: S.W.I.F.T MT-760
7. Payment: MT103 (TT/WT)
8. Hard Copy: Bonded Courier Service We specialize in Bank Guarantee lease and sales, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.Intermediaries/Consultant ts/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
For further inquiries contact
sonilease@gmail.com
Skype ID: soniklease1
Thank you
Dear sir,
We are project funder with our cutting edge and group capital fund we can finance your signatory projects and help you to enhance your business plan, our financial instrument can be used for purchase of good from any manufacturer irrespective of location. We specialized in BG, SBLC, MTN, CD,LC , Non collateral loan, confirmable Bank Draft and other financial assistance from AAA rated bank (Prime Bank). The financial instrument can be invested into High Yield Trading Program or Private Placement Programme (PPP). Please see our instrument description and leasing procedure as follow.DESCRIPTION OF INSTRUMENT:
1. Instrument: Bank Guarantee {BG}/StandBy Letter of Credit{SBLC}(Appendix A)
2. Total Face Value: Eur/USD 1M{Minimum} to Eur/USD 10B{Maximum}
3. Issuing Bank: AAA Rated Bank (Prime Bank)
4. Age: One Year and One Day
5. Leasing Price: 5.0%+1%=6%
6. Delivery: S.W.I.F.T MT-760
7. Payment: MT103 (TT/WT)
8. Hard Copy: Bonded Courier Service We specialize in Bank Guarantee lease and sales, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.Intermediaries/Consultant ts/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
For further inquiries contact
sonilease@gmail.com
Skype ID: soniklease1
Thank you
We specialize in Bank Guarantee lease, there are two types of bank guarantee which are Direct Bank Guarantee and Indirect Bank Guarantee. Its used as Bid Bond, Payment Guarantees, Letter of Indemnity, Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.
Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
Thank you
Email: sonilease@gmail.com
Skype: soniklease1
In deze presentatie worden enkele voorbeelden aangehaald van goede en slechte url structuren. Wanneer is je url structuur fout en wat moet je er juist aan veranderen? En waarom zou je dit allemaal doen... We halen het allemaal even aan in deze presentatie
In de presentatie word kort uitgelegd hoe je aan de hand van enkele simpele tips tijdens de ontwikkeling van een nieuwe website rekening kan houden met toegankelijkheid.
This presentation is prepared by Ozgur Eker - CDCS. You can find more articles about international trade finance at www.letterofcredit.biz. keep reading...
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Welcome to the ABC’S of Letters of Credit In this presentation we will be covering the (Exporter’s Perspective) of dealing with letters of credit
One of the items you will be negotiating is the Price , but What are some components that are included in the price? It includes the Product, but does it include: Insurance Freight (Ocean, Inland) Duties Loading Unloading
A letter of credit provides the assurance to the exporter that he will be paid by the importer’s bank if he ships and presents documents in accordance with the terms and conditions of the letter of credit. This provides control to the exporter of obtaining payment if he complies with the conditions. It is however imperative that the exporter reviews the terms of the letter of credit to determine that he will be able to meet terms and conditions prior to shipping so that he can better assure himself that he has control over the payment and subsequent to his compliance, gets paid. It also provides assurance to the importer that payment would be effected to the exporter only after he complies to present the required documents in accordance with the terms and conditions of the letter of credit which is determined by the importer at the time of issuance of the letter of credit which outlines his requirements for shipment and documents that the exporter is to present in order that he gets payment.
Letters of Credit – Is an instrument issued normally by a financial institution on behalf and for account of the importer which provide payment assurance to the exporter if the exporter complies with the terms and conditions of the letter of credit.
Commercial Import Letters of Credits are also subject to the Uniform Customs and Practice for Documentary Credits or (otherwise known as the UCP) The current revision is the UCP 600) Revision 2007). These are the rules that govern commercial letters of credit. All parties to a letter of credit are also bound to these rules when they are a party to the letter of credit transaction and all should be aware of these rules which affect their responsibility in the transaction.
Next you will see a sample of a request from an exporter which you may use as a guideline of items you may want to discuss with the importer prior to their establishing the letter of credit so that the terms are set up correctly from the beginning.
Here you will note the flow of the letter of credit, where the importer first goes to his bank and requests the letter of credit to be issued. The issuing bank then sends the letter of credit through the advising bank or confirming bank in the country of the beneficiary who will in turn give the letter of credit to the exporter. The exporter then ships the goods and presents the documents to a negotiating bank which may be the advising or confirming bank who will in turn send the documents to the issuing bank. The issuing bank will then give the document to the importer and send the payment through the negotiating bank to effect payment to the exporter. This demonstrate the flow, but in the following slides we will go through the actual details that occur through this flow.
We would like to thank you for choosing us and wish you success in your exporting ventures.
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