1 / 8

Bank Instrument Monetization Process. How To Use It?

Bank instrument monetization is a written commitment of a bank that issues it to pay a certain amount of money on behalf of the banku2019s client in favor. See more: https://bit.ly/2N1FxtV

hansongroup
Download Presentation

Bank Instrument Monetization Process. How To Use It?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Bank Instrument Monetization Process: How To Use It?

  2. Certain amount of money on behalf • Bank instrument monetization 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.

  3.  Buy the goods from a local supplier or foreign exporter • Using a Standby LC in business transactions is an indication of good faith and proof of financial credibility and repayment capabilities of a buyer.

  4. Considering an offer from a buyer • A POF is a document prepared by a bank instrument monetization that affirms that an individual or business entity has the funds on hand to enter into a given financial transaction. 

  5. • We have also developed relationships with some of the banks in the world to Monetize Bank Instruments for clients worldwide by arranging the monetization against owned Bank instrument monetization 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.

More Related