Bank Instrument available - New Orleans - Finance, mortgage, insurance, New Orleans - 2259054

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Bank Instrument available - Finance, mortgage, insurance

Ref. number: 2259054 Updated: 16-06-2016 12:24

Offering: Finance, mortgage, insurance in United States, Louisiana, New Orleans

Dear partners and associates, One of our main businesses is opening documentary letters of credit for trade transactions. We issue our Documentary letters of credit and, on occasion, we can open Standby Letters of Credit and Guarantees (Bank, Bid or Performance) For every transaction we need three things 1. Applicant - this is the company that has asked us to open the letter of credit. The applicant is our client, and our standard agreements are with the applicant. 2. Beneficiary - this is the company receiving the LC. The applicant asks us to open an LC to the beneficiary 3. Underlying transaction - this is the transaction that exists between the applicant and the beneficiary. It is the reason for opening the Letter of Credit or Bank Guarantee. The underlying transaction can be the purchase and sale of goods or services depending on the type of instrument requested. Once you have these three parts of the transaction, then you are ready to start working with us, we will send you application for you to fill then you submit it along with a copy of the pro forma invoice/ Contract from the beneficiary to the applicant, your company's certificate of incorporation, a copy of your passport. We will then send you a sample letter of credit for your review. Once we have been formally engaged, we will provide you with a draft of the letter of credit for your review with your beneficiary. When you have finished reviewing the draft and are ready to open the instrument, it is time to pay our issuance fees. We always receive our fees by wire transfer before issuance of the instrument. Once we have received our fees and all relevant documentation, it may take up to 3 days for the instrument to be issued, and for us to send you a copy. In addendum, we also offer a wide range of products: - Letters of Credit at Sight - Usance Letters of Credit - Standby Letters of Credit - Bank Guarantees - Performance Guarantees - Demand Guarantees - POF messages - Pre Advice Message - Comfort Letters - Ready Willing and Able (RWA) messages I will be waiting in anticipation of a good response from you shortly. contact me: danielpaloma844@gmail.com Regards, Daniel Paloma

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