Monetization of Bank Instruments

We can monetize just about any type of bank instrument including CD’s, BG’s, SBLC’s, Blocked Funds Letters, Banker’s Drafts, and Gold SKR’s. The instruments can be delivered via SWIFT, DHL or  email.  We can assist in providing a full recourse loan or a non-recourse. The LTV will vary depending on the issuing bank and the jurisdiction.

Lower rated and lesser known banks can occasionally be worked with, this includes banks in Countries which are typically hard to work with. The bank and confirming bankers will have to pass the scrutiny of the monetizer’s lawyers and bankers doing in depth due diligence on the asset, bank and bankers involved to verify everything is as stated.

 

• Owned & Leased BG’s and SBLC’s issued by top world banks acceptable

• LTV up to 80%

• Minimum Face value of 10m

• Providers Bank provides an RWA Letter and the client receives contract from monetizer normally within 48hrs.

• MT799/199 pre advise from clients/providers bank to monetizers bank.

• Monetizer responds with MT799-Payment undertaking to clients/providers bank to cover payment and fees

• MT760 from client/provider bank to monetizers bank