Leasing of London///
Your Bank Guarantee Leasing Company
 

Transaction Description

Key Issues of the Transaction

 

 

1. Instrument:              

Bank Guarantee (BG) or Standby Letter of Credit (SBLC)

2. Total Face Value:     

Euro/USD 5,000,000.00 - Euro/USD 999,000,000.00

3. Issuing Bank:          

HSBC Bank, Barclays Bank, Deutsche Bank, located in major financial centre

 

4. Validity Period:       

One Year and One Day (With the option of Rolls and Extension)

 

5. Leasing Fee:            

Based on the Face Value of Bank Guarantee or Standby Letter of Credit *

US$/EURO 5M - 20M = 7,0 % *

US$/EURO 20M - 50 M = 6,0 % *

US$/EURO 51M - 100M = 5,0 % *
US$/EURO 101M - 250M = 4,5 % *

US$/EURO 251M - 500M = 4,0 % *

US$/EURO 501M - 999M = 3,5 % *
 

*all fees and commission included

 

6. Delivery:                   

Bank to Bank, (PRE-ADVICE) SWIFT MT799 and SWIFT MT760 plus hard copy delivered directly to your bank.

7. Payment of Bank Fees:

These fees are marginal (appx 0.2% of face value of the instrument) and are to be put on escrow after clear contract and based on the Refund Undertaking Letter for Bank Charges

 

8. Payment of Leasing Fees:                  

via SWIFT MT103 after delivery, receipt and verification of the bank instrument.

 

9. Hard Copy:

By Bank Bonded Courier within 7 banking days after delivery of SWIFT.

 

 

 

 

 

 

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