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Tuesday, January 13, 2015

BIG OFFER LEASE BG,SBLC AND MTN

MT799 is a simple text message, sent bank to bank. This is used for a bank to bank proof of funds, only. The MT799 is not a form of payment and it is not a bank undertaking or promise to pay. It is simply a bank to bank confirmation of the funds on deposit, nothing more. Different formats may include bank letters, phone/fax verification, online account access, verification of deposit form (VOD), bank to bank Swift, Certificates of Deposit (CD's) and/or account statements. A MT760 is a Bank Guarantee and Letter of Credit form. It is called a Swift Class 7 in the investing and financial markets. A SWIFT MESSAGE TYPE 103 IS A INTERBANK MESSAGE USED BETWEEN TWO BANKS TO TRANSMIT THE VALUE OF A BOND ENGAGING BOTH BANKS BG and MTN with the best workable procedures. Our BG ranges from MT799, MT760,(Both two way confirmation), MT103/23, MT103 (Both can be one way confirmation and two way confirmation) in USD and EUROS. Issuing Bank ranges from Top world 25 banks with face value ranging from 5M EUROS/USD to IB EUROS/USD SBLC The whole definition of sblc regards for stand by letter of credit. The standby letter of credit serves a different function than the commercial letter of credit. The commercial letter of credit is the primary payment mechanism for a transaction. The standby letter of credit serves as a secondary payment mechanism. A bank will issue a standby letter of credit on behalf of a customer to provide assurances of his ability to perform under the terms of a contract between the beneficiary. The parties involved with the transaction do not expect that the letter of credit will ever be drawn upon. The standby letter of credit assures the beneficiary of the performance of the customer's obligation. The beneficiary is able to draw under the credit by presenting a draft, copies of invoices, with evidence that the customer has not performed its obligation. The bank is obligated to make payment if the documents presented comply with the terms of the letter of credit. Standby letters of credit are issued by banks to stand behind monetary obligations, to insure the refund of advance payment, to support performance and bid obligations, and to insure the completion of a sales contract. The credit has an expiration date. The standby letter of credit is often used to guarantee performance or to strengthen the credit worthiness of a customer. In the above example, the letter of credit is issued by the bank and held by the supplier. The customer is provided open account terms. If payments are made in accordance with the suppliers' terms, the letter of credit would not be drawn on. The seller pursues the customer for payment directly. If the customer is unable to pay, the seller presents a draft and copies of invoices to the bank for payment. The domestic standby letter of credit is governed by the Uniform Commercial Code. Under these provisions, the bank is given until the close of the third banking day after receipt of the documents to honor the draft. -- MTN Medium-Term Note (banking/finance) Medium-term note (MTN) A corporate debt instrument that is continuously offered to investors over a period of time by an agent of the issuer. Investors can select from maturity bands of: 9 months to 1 year, more than 1 year to 18 months, more than 18 months to 2 years, etc., up to 30 years. A corporate debt security offered intermittently or continuously by an agent of the issuer. Medium-term notes are issued under the SEC's Rule 415. Despite being called notes, these debt securities generally offer a wide range of maturities. An unconventional bond note with a maturity period usually between five and 10 years continually offered through various brokers, rather than issued all at once like other bonds. Unlike most bonds, which are bought and sold on exchanges, MTNs are normally purchased through an MTN brokerage, which operates on a best effort basis and is under no obligation to sell a certain amount on behalf of the issuer. Unlike corporate bonds, MTNs are almost always marketed to institutions and high net-worth individuals and have few or no small and medium investors. Beyond that, they functions much like corporate bonds: unsecured, non-callable, with fixed coupons and investment grade ratings. MTNs have become a favorite form of fundraising for large corporations, government agencies, and sovereign states. This demand has led to more complex MTNs, with floating interest rates and maturity periods from nine months to 30 years or longer. See also: Euro medium term note. =========== MTN deals with business ethics in five ways * It embarks on a campaign to control, centralize information, to prevent leakage and to manage ongoing legal problems of the company. * MTN deploys new bribes to cover up the old. The first layer goes to well-positioned politicians and diplomats, and fixers and go-betweens. The next layer of bribes and illicit incentives goes to journalists and editors. * MTN then goes on a campaign of destroying whistle-blowers, their lives and family and hound them. * MTN then goes on to mount a PR campaign designed to cover up a lack of ethical judgement in the leadership and to tell all of their benevolent concern. *MTN then prays that evil will prevail - and that they will not have to own up to what they have done and that they will be able to manipulate and hoodwink their way out of trouble. -------------

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