The procedure required under the Bank Guarantee (BG) or Standby Letter Of Credit (SBLC) is as follows:-
Required from your esteemed Organization provide us (not less than US$200 Million) confirmed by a Bank Guarantee (BG) or Standby Letter Of Credit (SBLC) delivered by Swift MT760 with pre-advice MT799, 100% irrevocable, transferable, divisible, from a top rated 25 World Bank or confirm by top rated 25 World Bank (Full Responsibility) and issued for an initial 13 months duration in favour of the Alma Capital Holding Group Limited and renewed for several years.
The Banking Procedure operates on the following system:-
Include all documents signed with the Borrower regarding to issuance of a Bank Guarantee.
Compliance processed and Project Funding Loan Contract issued.
Borrower Bank sends pre-advice by MT799 and supply bank certified and stamped copy of the Swift message.
Receiving Bank sends Swift MT799 replied to and requesting delivery of MT760 with copy of bank certified copy of Swift message.
Swift MT760 sent and supply bank certified copy of the Swift message.
Swift MT760 authenticated and contract starts in 72 hours approx.
Hard Copy of Bank Guarantee sent by Bank Bonded Courier within 7 days.
Bank Instrument returned 15 days prior to maturity unless extended by mutual agreement.