Advantages of leased bank proof of fund

 

 Advantages of leased bank proof of fund

Leased Bank Proof of Fund can be used for a whole variety of purposes. They are used in trade finance, global finance, project finance, credit enhancement, and so on. Getting access to these cash accounts is another matter. In today’s financial climate it is near impossible for small to medium businesses to get access to large investor cash funds needed in transactions requiring an POF.

Leased Bank Proof of Fund, most persons at financial institutions do not understand the nature of leased bank instruments. However, banking institutions utilize the principles of financial asset leasing quite frequently and have for some time.

The concept is simple. Gain access to another party’s cash-backed leased POF for a fee or other consideration for a set term. Once the term is up the account is either returned to the original asset holder or it is extended for another term.

Either the asset holder does a joint ownership with the borrower, or the instrument is transferred in ownership outright during the Leased Bank Proof of Fund term. This way there is no issue with the ownership of the account.

During the term of the leased POF, the bank asset is made available with all the same rights of an account holder. For all legal purposes intended, the new owner may be allowed to lien, encumber, monetize, collateralize, and use the cash account as security.

Leased Bank Proof of Fund
Through our strategic partnerships with several Top Institutions, we are pleased to offer the capability to establish a Leased Bank Proof of Fund cash account in your personal or company name for credit/financial enhancement purposes.

Minimum amount is EUR/USD1M with MT799 or MT999. Lease fees vary from 4-6% for a 90-days term, depending on amount size and institution. Lower amounts may be considered but will not include MT799 or MT999 capability.

Advantages of leased bank proof of fund

• Program operated with POF from Rated and Non-Rated Banks
• POF are available in both USD or Euro Currencies, pay in USD we Issue in USD, Pay in Euro, we issue in Euro
• Low Leasing Rate of 4-6% +2% for 90-days term (Only 3% if is only Hard Copy)
• Complete Full Payment must be received after Bank Endorsed Agreement.
• MT799 or MT999 Pre advice Included with POF Delivery
• Your Payment are 100% Protected (all of our agreement’s are bank endorsed before paying).
• No Personal or Corporate Credit Checks
• No Project Documentation Required
• LOI Signed within 24 Hours of being completed and returned to us
• Simple Delivery of MT799 or MT999 direct to your Bank.
• Up to 2.5% Commission Paid to Brokers
• All POF are Fresh Cut specifically for each Client
• 2% Non-Performance Penalty in All agreements

Your Deposit is 100% Protected, Provider Bank Endorsed the agreement ensuring the Clients payment.

 

Bank Draft Monetization - All You Need To Know About

 

 Bank Draft Monetization - All You Need To Know About

Bank Draft Monetization is the process of converting or establishing something into legal tender. While it usually refers to the coining of currency or the printing of banknotes by central banks, it may also take the form of a promissory currency.

The term "monetization" may also be used informally to refer to exchanging possessions for cash or cash equivalents, including selling a security interest, charging fees for something that used to be free, or attempting to make money on goods or services that were previously unprofitable or had been considered to have the potential to earn profits. And data monetization refers to a spectrum of ways information assets can be converted into economic value.

Now, since it is already a form of payment, and not a debt obligation, aside from the simple act of deposit it into a bank account, how else do you monetize it? You cannot because IT IS ALREADY MONEY.

So the question is, how come so many people is still here offering to monetize them? Ahhh! Good one! It is not because someone crafted a nice letter disguising a Bank Draft like if it was a Letter of Credit, that it automatically becomes one, it is still a cheque, and you can still deposit it, get 100% of its value, and get over with it; so why there are so many of them around? Fraudsters know nothing so they create false documents, and then wanna-be brokers and other fraudsters, take them for real, start making offers, and here we are, with a seudo-product in a seudo-market, where very few know the truth...

So read it here and now: Do you have a Bank Draft and want to monetize it? Simply deposit it into a bank account and that will be all. But you have some very nice letter saying it is for "credit enhancement" or some other obscure purpose? That is false; just deposit the thing, which then will be probably false too. But if your document is real, forget about looking for a monetizes, just deposit it, get 100% of its value, and disregard the mystery about how to monetize a Bank Draft Monetization.

When government deficits are financed through debt monetization the outcome is an increase in the monetary base, shifting the aggregate-demand curve to the right leading to a rise in the price level. When governments intentionally do this, they devalue existing stockpiles of fixed income cash flows of anyone who is holding assets based in that currency. This does not reduce the value of floating or hard assets, and has an uncertain impact on some equities. It benefits debtors at the expense of creditors and will result in an increase in the nominal price of real estate.

This Bank Draft Monetization transfer is clearly not a Pareto improvement but can act as a stimulus to economic growth and employment in an economy overburdened by private debt.  It is in essence a "tax" and a simultaneous redistribution to debtors as the overall value of creditors' fixed income assets drop. If the beneficiaries of this transfer are more likely to spend their gains this can stimulate demand and increase liquidity. It also decreases the value of the currency - potentially stimulating exports and decreasing imports - improving the balance of trade. Foreign owners of local currency and debt also lose money. Fixed income creditors experience decreased wealth due to a loss in spending power. This is known as inflation tax.



 

Sblc monetization process: How to use it?

 

Sblc monetization process is a written commitment of a bank that issues it to pay a certain amount of money on behalf of the bank’s client in favor of a beneficiary in case the client/buyer is not able to fulfill its financial obligation to the beneficiary/seller.

Using a Standby LC in business transactions is an indication of good faith and proof of financial credibility and repayment capabilities of a buyer. Standby LC is widely used in commodities trading, when it is necessary to buy the goods from a local supplier or foreign exporter. SBLC can be also used as a security to obtain credit lines and is ideal for company, which plans to expand its business but does not want to utilize its assets.

A POF is a document prepared by a financial institution that affirms that an individual or business entity has the funds on hand to enter into a given financial transaction. A document of this type is sometimes prepared at the request of a seller who is considering an offer from a buyer. The seller requests the proof through the buyer, who in turn authorizes his or her bank or other institution to provide data that confirms the ability to honor the terms of the transaction.

We have also developed relationships with some of the Top banks in the world to Monetize Bank Instruments for clients worldwide by arranging the monetization against owned bank instruments such as BG’s (Bank Guarantees), LOC’s (Letter of Credit), SBLC’s (Standby Letter of Credit), and other banking and financial instruments. This form of financing can be used in combination with our cash backed stand by letter of credit (SBLC) or Bank Guarantee (BG) Program in order to monetize the newly created document to obtain the right funds for project financing.

Monetizing bank instruments is the process of liquidating such instruments by converting them into legal tender. We can monetize or lend on just about any bank instrument to be used for project funding, move them into various trading platforms quickly and easily, as well as creatively incorporating them into financing certain development projects. We can monetize CD’s, SBLC’s, DPLC’s, BG’s and MTN’s. This can be accomplished in 5-15 business days.

Sblc monetization process  or stand by letter of credit is becoming rather common. Many people refer to this as sblc funding or sblc financing since you are essentially obtaining cash on the basis of the sblc or bank guarantee. A client, typically a business owner, requesting a standby letter of credit must prove to the bank that he/she is capable of repaying the loan. Collateral may be required to protect the bank in the event of default. The bank typically provides a decision in writing within one week of receiving final documentation to complete the processing of the client's application. The client must pay a SLOC fee for each year that the letter is valid.

A Safer, More Effective Investment - Long term note (ltn)

 A Safer, More Effective Investment - Long term note (ltn)

 

Well, it is basically a written promise where you promise to pay a certain amount of money on a specific future date. However, there are two types of notes payable option available for you—short term and long term. Long term notes (LTN) are due after one year.

Long term notes (LTN) are created to help with funding various transactions, for civic projects, personal loans, and other funding needs that people may have. These notes are considered to be a customized investment that lasts for a fixed period of time between two and eight years. MTN can have a floating rate or a fixed rate. The returns can be attached to equity, currency, or commodity prices.

There are a lot of advantages of the long term one and here are those –
•The ownership interest
•The interest rate
•Tax Deduction
•Less Paperwork    
There are many benefits of investing in Long term note (ltn). First, since they are not traded like stocks, periods of fluctuation in the stock market do not affect your investment. This makes them a very secure choice to invest in.

Also, its market gives investors a vast array of opportunities to put their money, including banks and other financial institutions, corporations, the federal government, and utilities. The chance to diversify risk is desirable, and these options allow for that.

A Smart Way Of Investing - Long Term Notes (LTN)

 

 A Smart Way Of Investing - Long Term Notes (LTN)

Long term note (LTN) is a type of note that has all the features of a corporate bond, but is sold in much higher frequency. Corporate bonds offerings are made every three or four years while medium term notes are often sold on a weekly basis.

These notes mature within nine months to 30 years, though maturities between 10 and 30 years are becoming most common. When you look into investing in these notes, you will only be dealing with the highest-quality companies that exist. With this kind of investment, you can appreciate a better return than if you simply maintained a savings account that earned interest over time.

Long term notes (LTN) are created to helpwith funding various transactions, for civic projects, personal loans, and other funding needs that people may have. These notes are considered to be a customized investment that lasts for a fixed period of time between two and eight years. MTN can have a floating rate or a fixed rate. The returns can be attached to equity, currency, or commodity prices.

There are a lot of advantages of the long term note (LTN) and here are those –

The ownership interest – This note payable method offers you the benefit of ownership interest. That means you don’t have to give away any ownership interest to the lender. You, as a borrower don’t have to worry about providing any other ownership to the lender.

The interest rate – This payable method has a fixed interest rate. So you can plan and budget your payment according to the interest beforehand. And above all, the due date you get is a long term and there are no possibilities of being tied up into any current assets. That means the risk of loan default gets reduced and the debt capacity increases.

Tax Deduction – When you take a loan in interest, it can be paid or can be deducted from your company’s income taxes. This is the reason when you use the long term option, you get benefited and people find the long term payment option to be quite attractive.

Less Paperwork – Long term payable option doesn’t require much paperwork. Raising long-term debt capital does not require any paperwork to be filed with state and federal authorities. It also doesn’t require any kind of pre-approval from the authorities and the investors.

These are a few benefits of the long term debt capital and firms and companies are being benefited by the note payable since a long time. Whether it’s long term or the short term note payable, the instrument can help you grow in your business.

If you are considering investing in long term medium notes, then there are few points to be consider

·

·         First and foremost, you should understand that the duration of the bonds or notes will typically be decided by the investor and the borrower alike.

·         Another thing that you need to know about investing in short-term medium notes is that businesses and people can use these loans, as well.

These are all important things to keep in mind if you want to be truly successful with short-term medium notes as an investment strategy for your diversification or other investment needs.

The Essential Guide for Offshore Bank Account Openings

 

The Essential Guide for Offshore Bank Account Openings

An offshore bank account is an account which is set up outside the country of residence of the account holder. Offshore bank accounts are available to anyone who is interested. There is a ton of people who use offshore bank accounts for a variety of reasons for example investment purposes or asset protection. Offshore bank accounts are considered to be quite lucrative of multiplying your assets these days.

Offshore bank accounts not only guard your money but also save your assets against the political or economic instability at your homeland and these accounts also provides a high degree of secrecy regarding your bank accounts details of you holdings.  One of the main reasons for opening of offshore bank account is that developing countries are often characterized by political and economic instability, so people look for safer places to keep cash.

There are many reasons why one may choose to open an offshore banking account. Here are a few reasons you why you need to start an offshore bank account –

By opening an offshore bank account you become client of a reputable multinational financial institution that provides additional safety and security in case of financial crisis. An offshore bank account reduces dilute your political risks.

Opening an account in an offshore bank will protect your assets from overzealous government agencies.

The interest rate for your savings is higher when you have an offshore bank account.

Some of the offshore banks provide you health insurance and other services when you open a bank account

The Essential Guide for Offshore Bank Account Openings

• Finding a suitable jurisdiction
• Begin the account opening procedure
• Locating a suitable banking institution
• Selecting a bank account type

In order to open an offshore bank account you have to submit following documents

• Documentary evidence of source of funds to be deposited
• A reference from your existing bankers
• Letter stating expected activity, with supporting documentation if available
• Certified copy of passports of all signatories

Things That You Must Know Before Opening an Offshore Bank Account

• The Most Important Benefits of an Offshore Bank Account opening 
• Choose Your Jurisdiction Wisely
• The Truth about Privacy and Anonymity
• The Impact of KYC and FATF
• What You Need to Open an Offshore Account
• The Facts about Offshore Credit Cards

If you have further questions regarding offshore banking, we recommend you to contact Banks Instruments. They can provide you with the additional information about this banking product.

Benefits of Investing in Lease Bank Drafts

   

What is a Lease Bank Draft?

The definition of lease Bank Draft states, “A lease bank draft is a payment on behalf of a payer that is guaranteed by the issuing bank. Typically, banks will review the bank draft requester’s account to see if sufficient funds are available for the check to clear. Once it has been confirmed that sufficient funds are available, the bank effectively sets aside the funds from the person’s account to be given out when the bank draft is used. A draft ensures the payee a secure form of payment. During a payer’s reconciliation of his bank account, he notices a decrease in the account balance because of the money is withdrawn from the account.”

The Benefits of Investing in lease Bank Draft

There are many benefits of leasing bank draft. When you purchase a bank draft and use it, there are a few things you get as benefits. They are –

Bank Guarantee Payments –

Banks can guarantee bank drafts in light of the fact that the client has effectively “paid.” To get a banker’s draft, a bank client must have supports (or money) accessible, and the bank will stop or keep those assets in its own particular record until the point when the payment is finished.

In the event that some person pays you with a bank draft, you can’t generally accept you’ll get the cash. Con artists consistently utilize counterfeit clerk’s checks to cheat casualties. You may accept you’re getting paid with cleared assets, yet you ought to dependably check with your bank and confirm that the check is authentic before you spend the cash or offer something profitable.

Beneficial for Large Transactions –

For high-naira transactions, the outcomes of a returned (or bobbed) check are noteworthy. It’s dangerous to send costly merchandise or finish an arrangement when there’s any vulnerability about an effective payment. A bank draft is a guaranteed form of payment that makes the payment substantially more liable to experience.

Safe Transactions –
A lease bank draft is a form of payment used when safety is important. Similar to a cashier’s cheque, a bank draft is safer than a personal cheque when accepting payments.

Faster Transactions –

Standard checks can take a few business days to travel through the banking framework. Accepting a check doesn’t mean you really get finances (and can pull back the assets). Bank drafts will for the most part be accessible in the beneficiary’s record inside one business day, and it’s far-fetched that the bank will turn around the store a couple of days or weeks after the fact.