- a)Either make a good faith payment, or
- b)Settle a legitimate SBLC / BG transaction.
Deposit Schedule
The following Lease SBLC / BG Deposits and Insurance Fees are required to be paid AFTER ALL parties have signed the Leased Financial Instrument Deed of Agreement.
BG / SBLC Value | Required Deposit | Insurance Fee | Total Payment Required | ||
| $10 Million | $250,000 | + | $10,000 | = | $260,000 |
| $20 Million | $265,000 | + | $15,000 | = | $280,000 |
| $30 Million | $280,000 | + | $20,000 | = | $300,000 |
| $50 Million | $300,000 | + | $25,000 | = | $325,000 |
| $70 Million | $315,000 | + | $35,000 | = | $350,000 |
| $100 Million | $350,000 | + | $50,000 | = | $400,000 |
| $150 Million | $385,000 | + | $65,000 | = | $450,000 |
| $200 Million | $425,000 | + | $75,000 | = | $500,000 |
| $300 Million | $515,000 | + | $85,000 | = | $600,000 |
| $400 Million | $550,000 | + | $100,000 | = | $650,000 |
| $500 Million | $580,000 | + | $120,000 | = | $700,000 |
Need a SBLC / BG Larger than 500 Million?
We DO NOT issue Standby Letters of Credit (SBLC)s or Bank Guarantee (BG)s over 500 Million as financial instrument transactions larger than 500 Million often get stopped and flagged in every Bank and Governments Compliance Department and held for audit. These Bank and Government Audits can often delay client transactions for months because the instrument value exceeds normal bank and government transaction parameters. We therefore recommend if you want to complete transactions larger than 500 Million that you do a series of tranches of no more than 500 Million. Example: For a 2 Billion Dollar SBLC, have it delivered in 4 x 500 Million SBLCs.
No Upfront Fees
The Sad Reality is our industry is full of people that believe the fairy tale that SBLCs and BGs can be obtained with NO MONEY UPFRONT. The fact is they can’t! They never have been able to be purchased for free and they never will be! ALL Banks especially World Top 50 banks charge fees to create and deliver the SBLC / BG to the Client. Banks don’t work for FREE and they won’t deliver assets worth millions of dollars to a client account for FREE and then hope the Client will pay them later!
IMPORTANT: If you want to complete a genuine, real, legitimate SBLC or BG transaction you have to lodge a Deposit with our Independent Trustee who will act in your best interests and protect your funds completely.