Bank Guarantees

What is a Bank Guarantee (BG)?- The Full Meaning of Bank Guarantee

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What is a Bank Guarantee (BG)?

The term “bank guarantee” has no precise definition, particularly in international law. Some use the term exclusively to describe a transaction in which one party makes an independent guarantee commitment in respect of another party’s liabilities, regardless of the latter’s form and enforce ability. Others describe guarantees as all transactions in which security is offered; from letters of comfort (which often are morally binding at most) to surety bonds and abstract payment undertakings.

A Bank Guarantee can be described as a Letter of Guarantee issued by one bank to another bank to guarantee the performance of an obligation on the part of the applicant, guaranteeing the beneficiary.

A Bank Guarantee is where one Bank (the Issuing Bank) issues an indemnity to another Bank (the Beneficiary Bank) or directly to a Beneficiary, on behalf of its account holder. The Issuing Bank will expect its account holder to pledge ‘assets’ to the bank for its issue.

Bank Guarantee’s take many forms.

Some Guarantees are written to guarantee rental payments, some are written to guarantee payments upon the meeting of certain conditions. Some are even issued to guarantee loans and credit lines. All of them are written for a specific purpose to a specific party.

Each Bank Guarantee will be worded for the purposes it is intended. Some may be ‘callable upon demand’ or some may only be ‘callable’ when the Beneficiary provides notice of satisfaction of a predetermined condition.

Currently, under the new Uniform Rules for Demand Guarantees (URDG 758) an underlying contract should be provided that states clearly the purpose of the Bank Guarantee and forms part of the Guarantee, for example a Rent Agreement or Payment Obligation.

In international trade dealings, buyers and sellers often experience problems of trust within each other to honor their payment obligations. A seller may find it difficult to ascertain the buyer’s willingness and ability to make payment, whilst the buyer may not be convinced that the seller genuinely intends to perform his side of the agreement or has the necessary financial and technical resources to do so. Just as the buyer needs protection against non-performance, so the seller will want to minimize or insure against the risk of non-payment. Documentary credits are generally used in such cases, yet various other forms of bank guarantees are available.

The common element in all these arrangements is that the guarantor undertakes to be answerable for the payment of a debt or the fulfillment of a payment obligation in the event of default by the party that is responsible for it.

Man Global investments are direct provider of bank Guarantees (BG), SBLC, DLC and All other types of Letters of Credit. We are legally registered Financial Firm with good reputation. We only work with Top Prime rated global banks.

We deliver with time and precision as set forth in the Deed of Agreement (DOA). All our customers can engage our leased bank instruments into trade programs, Business expansion projects, Aviation projects, Agricultural projects, Petroleum/Oil/Gas, Telecommunication, Construction Projects and any other turnkey project. Our terms and Conditions are reasonable.

DESCRIPTION OF INSTRUMENTS:

1. Instrument: Bank Guarantee (BG)/SBLC

2. Total Face Value: Eur/Usd 1M MIN and Eur/Usd 50B MAX).

3. Issuing Bank: HSBC, Barclays Bank, Standard Chartered, Citibank or AA rated Bank in Western Europe or USA.

4. Age: One Year, One Day

5. Leasing Price: 4% of Face Value plus 1% broker’s commission (only if there is a broker involved in the transaction)

6. Delivery SWIFT TO SWIFT.

7. Payment: Wire Transfer.

8.. Hard Copy: Bonded Courier within 7 banking days.

All relevant information will be provided to any serious customer upon request.

Please forward all your inquiries & consultations to our contact details as follows:

We are providers of loan, project finance, BG, SBLC, DLC

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Dear Potential Partners & Associates,
We are direct providers of Loan, Project Finance, freshly cut Bank
Guarantee (BG), Standby Letter of Credit (SBLC), DLC. We give both
secured loans and unsecured loans and our interest rate is 3% per
year.
We are also looking for agents or company representatives, so if you
don’t need loan you can be our agent or company representative. You
will be paid 1% commission on every business you bring to us. For
instance, if you bring a customer to us and the customer receives a 1
Million Dollar loan from us then we will pay you 1% of 1 Million
Dollars which is: 10 000 U.S. dollars.
we recommend our serious customers to send their requirements or inquiries via email for proper attention. So if you are seriously interested in doing business with us please send your requests or inquiry to our official email just send us an email telling us who you are, where you’re writing from and what exactly do you want from us so that we will know how best to help you
For more information kindly contact us with the below contact
details…

 

We are providers of loan, project finance, BG, SBLC, DLC

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Dear Sir,
We are direct providers of Loan, Project Finance, freshly cut Bank
Guarantee (BG), Standby Letter of Credit (SBLC), DLC. We give both
secured loans and unsecured loans and our interest rate is 3% per
year.
We are also looking for agents or company representatives, so if you
don’t need loan you can be our agent or company representative. You
will be paid 1% commission on every business you bring to us. For
instance, if you bring a customer to us and the customer receives a 1
Million Dollar loan from us then we will pay you 1% of 1 Million
Dollars which is: 10 000 U.S. dollars. So If you would like to work
part time for our company kindly send us your names, age, nationality
and phone number for validation.
For more information kindly contact us with the below contact
details…

LETTER OF CREDIT:

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The Standby Letter of Credit or SBLC as well as the Bank Guarantee (hereafter ‘Bank Guarantee’) is a payment guarantee generally issued by a bank (the issuing bank) on behalf of a client (the applicant) securing payment to a third party (the beneficiary) for the case that the client fails to fulfill a contractual commitment.

Bank Guarantees demonstrate the client’s repayment abilities and prove his solvency and credit worthiness towards his business partners.

Bank Guarantees are facilitated in international trade transactions, as collateral and as credit enhancement instruments. The use of Bank Guarantees is advantageous for companies that do not want to stake own equity.

Man Global Investments Ltd.provides all types of Guarantees accepted in international practice:
  • Payment Guarantee
    Issued under the Buyer’s instruction in favor of the Seller. Provides execution of the payment obligation by the Buyer under the contract.
  • Advance Payment Guarantee
    Issued under the Seller’s instruction in favor of the Buyer for advance payment. Provides return of the sum in case goods are not delivered.
  • Performance Bond
    Issued under the Seller’s instructions in favor of the Buyer as a guarantee of proper fulfillment of contract obligations by the Seller.
  • Tender guarantees
    This type of guarantee is generally an obligatory condition to participate in tender.
  • Credit Guarantee
    Provides credit funds.
    • Letters of Credit (LC) are normally issued within 72 hours of all documentation and payments being completed by the Applicant.
    Skype: www.manglobalinvestments
     
    NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
    bank guarantee provider     Genuine SBLC provider      bank guarantee providers      Genuine Loan provider

LETTER OF CREDIT:

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Letter of Credit (LC) Benefits

A letter of credit minimizes risk, maximizes control, and optimizes profits associated with international trade by making transactions simpler, smoother and safer for all sides.

Buyer Benefits Inline image 1

  • You may not have the necessary collateral requirements or relationship with the bank to get a letter of credit—but we do.
  • You don’t have to leave deposits with your suppliers, since your letter of credit will be opened for the full amount of the transaction—so your cash is not tied up or at risk while your supplier can often borrow against a letter of credit.
  • You may significantly increase your ability to do business with companies outside the by bolstering your financial position with your suppliers.
  • You can build safeguards into the letter of credit, including inspection of the goods and quality control, and set production and delivery times. This gives you more quality control over your goods.

Seller Benefits

  • Payment is assured as long as you comply with the terms and conditions of the letter of credit.
  • The credit risk is transferred from the buyer to the issuing bank, which is obligated to pay even if the buyer goes bankrupt.
  • You have easier access to financing and are able to transfer all or part of the letter of credit to another party, e.g., to purchase raw materials.
  • Collection time is minimized, as the letter of credit accelerates payment of receivables, and foreign exchange risk is eliminated when it is issued in the currency of your country.
5 Reasons to use  Man Global Investments Ltd (MGIL) to deliver Letter of Credit (LC) for you:
  1. 72 Hour Delivery – We normally deliver Letters of Credit (LC) within 72 hours of all documentation and payments being completed.
  2. Any Country – We will issue Letters of Credit (LC) for the import/export of goods from ANY country.
  3. Any Currency – We will issue Letters of Credit (LC) in almost any currency ..
  4. Lower Fees – Our fees for issuing Letters of Credit (LC) are more cost effective than many larger public banks.
  5. Less Restrictive – Our required control clauses for a Letter of Credit (LC) are much easier than other banks.

We use the Bank SWIFT Network to have the clients Letters of Credit (LC) delivered Bank to Bank. We operate a reliable, efficient delivery and authentication process to ensure all Letters of Credit (LC) are successfully delivered for our clients.

Client Deposits are 100% Protected with 2 Levels of Protection

We value our relationships with our clients so much that ALL CLIENT DEPOSITS for Letters of Credit (LC) receive 2 Tiers of Protection which are:

  1. Corporate Refund Undertaking
  2. Non Performance Penalty
Letter of Credit (LC) Costs

Costs are customized to each Goods transaction and therefore a exact quote can be provided once an completed application is received, but as a pricing guide:

Estimated Completion Time:
  • Letters of Credit (LC) are normally issued within 72 hours of all documentation and payments being completed by the Applicant.
Skype: www.manglobalinvestments
 
NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
bank guarantee provider     Genuine SBLC provider      bank guarantee providers      Genuine Loan provider

We are also direct providers of bank financial instruments such as Bank Guarantees (BG), Standby Letters of Credit (SBLC), DLC and Letters of Credit. Our Bank Instruments are issued by top prime banks such as HSBC London or Hong Kong, BarclayS bank London, Citi Bank New York, Standard Chartered, Deutsche Bank, UBS Zurich, Switzerland or any bank of your choice.

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Inline image 1

Dear Sir,
We are direct providers of Loan, Project Finance, freshly cut Bank
Guarantee (BG), Standby Letter of Credit (SBLC), DLC. We give both
secured loans and unsecured loans and our interest rate is 3% per
year.
We are also looking for agents or company representatives, so if you
don’t need loan you can be our agent or company representative. You
will be paid 1% commission on every business you bring to us. For
instance, if you bring a customer to us and the customer receives a 1
Million Dollar loan from us then we will pay you 1% of 1 Million
Dollars which is: 10 000 U.S. dollars. So If you would like to work
part time for our company kindly send us your names, age, nationality
and phone number for validation.
For more information kindly contact us with the below contact
details…

We are providers of loan, project finance, BG, SBLC, DLC

Posted on

Inline image 1

Dear Sir,
We are direct providers of Loan, Project Finance, freshly cut Bank
Guarantee (BG), Standby Letter of Credit (SBLC), DLC. We give both
secured loans and unsecured loans and our interest rate is 3% per
year.
We are also looking for agents or company representatives, so if you
don’t need loan you can be our agent or company representative. You
will be paid 1% commission on every business you bring to us. For
instance, if you bring a customer to us and the customer receives a 1
Million Dollar loan from us then we will pay you 1% of 1 Million
Dollars which is: 10 000 U.S. dollars. So If you would like to work
part time for our company kindly send us your names, age, nationality
and phone number for validation.
For more information kindly contact us with the below contact
details…

providers of loan, project finance, BG, SBLC, DLC

Posted on

Inline image 1

Dear Sir,
We are direct providers of Loan, Project Finance, freshly cut Bank
Guarantee (BG), Standby Letter of Credit (SBLC), DLC. We give both
secured loans and unsecured loans and our interest rate is 3% per
year.
We are also looking for agents or company representatives, so if you
don’t need loan you can be our agent or company representative. You
will be paid 1% commission on every business you bring to us. For
instance, if you bring a customer to us and the customer receives a 1
Million Dollar loan from us then we will pay you 1% of 1 Million
Dollars which is: 10 000 U.S. dollars. So If you would like to work
part time for our company kindly send us your names, age, nationality
and phone number for validation.
For more information kindly contact us with the below contact
details…

Banku Garantees, Standby Letter of Credit, Personal Loan, Business Loan, SME Loan, Fund My Project

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Man Global Investment Ltd is a leading financial services provider that is headquartered in Cambodia to provide personal loan, business loan, SME loan, investment loan, project financing, bank guarantees, SBLCs, letters of credit and funding for all kinds of viable projects locally and internationally.
 
All our Bank Instruments come from Top Prime AAA rated banks such as Citibank New York, HSBC Hong Kong or London, Barclays bank London, Standard Chartered Bank London/Dubai/Hong Kong, UBS Switzerland, Welsfargo, Bank of America, Deusche Bank etc. We can help you to obtain financing for your business or projects, activate credit line, Issue & provide Letters of credit, BG or SBLC for you, provide loans against financial instruments, and monetize financial instruments.
 
sewa bank garansi, penyedia bank garansi asli, surat atas penyedia kredit, sewa SBLC, Standby Letter of Credit penyedia, penyedia SBLC atas, sewa penyedia SBLC bg, HSBC bank garansi
 
OUR SERVICES ARE:
 
    Loans: (Personal Loans, Business Loans, Secured Loans, Unsecured Loans, International Project Financing etc)
    Purchase Bank Instruments (Bank Guarantees and Standby Letter of Credit)
    Lease Bank Instruments (BG, SBLC, DLC, Letters of Credit)
    Letters of Credit (DLC, L/C, Usance LC)
    Investments and Wealth Management
    
Skype: www.manglobalinvestments

Bank Guarantee, Bank Instruments, Financial Banking Instruments, Letters of Credit, Loans, Loans And Bank Instruments

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refinance loan, private loans, construction loans, credit loans, bank loans, unsecured personal loan, secured loan, poor credit loan, need a loan, get a loan, business loans, loans online, loans for people with bad credit, loans for people with good credit

Dear Partners & Associates,

One of our main businesses is to open Bank Guarantees and Standby Letter of Credit as well as other Financial and Banking Instruments. We issue our Bank Guarantees and Standby Letter of Credit for Lease. We can open Documentary / Deffered /  Letters of Credit and Guarantees (Bank, Bid or Performance).

For every transaction we need three things

1. Lessor (Applicant) -This is our company or entity that will be applying for the Financial Instrument with the Issuing Bank on behalf of the Beneficiary. The delivery of the Financial / Banking Instrument shall be based on the Applicant’s procedures.

2. Lessee (Beneficiary / Client) – This is the company who have requested the Financial Instrument whether for their own use or third party to receiving the BG/SBLC/DLC/Red Clause LC. The Client / Lessee nominates the Beneficiary of the Bank Instrument.

3. Underlying Transaction – This is the transaction that exists between the Lessor (Applicant) and the Lessee (Beneficiary). It is the reason for opening the Stand Letter of Credit or Bank Guarantee or Letter of Credit of any kind. The underlying transaction can be for obtaining loans or funding from Banks or Monetizers as well as for the Purchase and Sale of Goods or Services depending on the type of instrument requested.

Should you have an interest in the Lease of these, kindly inform and we will be glad to share with you our PROCEDURAL TERMS in regards to setting things in motion for an IMPENDING TRANSACTION. Upon the acceptance of your party to work with the Lessor’s Terms, we would have Legal Contract in place for the transaction to be set up between the Applicant and the Beneficiary and the delivery of the Bank Instrument will be in accordance with the Verbiage (Text) chosen by the Beneficiary’s Bank.

With the Legal Contract set up and the proceedings followed as stipulated in the contract, the eventual transmission of the Instrument via Swift MT199 / MT799 / MT700 / MT760 will be effected within 2 Banking Days after the Contractual Obligations have been completed.

We will be glad to share our working procedures with you upon request to help us proceed towards closing deals effectively

Advantages of working with  MAN GLOBAL INVESTMENTS

Comprehensive Customer Care

Low Premium Compared To Banks

We Have Solutions For Every Customer
Dedicated Staff and Quick Response Time

2% Commission Paid To Brokers On Every Deal
Low-Interest Rate: Our Interest Rate Is 3% Per Year.

Easy Application Process; No Cumbersome Paperwork
16+ Years In The Financial Industry With 100%% Success Rate.
For Most Deals; You Do Not Need To Pledge Securities Or Collaterals.

Most Work Is Done Online. So You Do Not Need To Visit The Bank Office

More Than 4,500+ Clients Have Successfully Concluded Transactions With Us.

Easy: Issuance Of Bank Guarantees, Letter Of Credit, And DLC Within Few Days.
Bank Guarantees And Letters of Credit Issued From Top 10 Global Banks Such As Deutsche Bank, Barclays, Citibank, HSBC Etc…

Skype: www.manglobalinvestments