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Lease bg sblc providers are not bank products, they are niche market client products created at the request of high net worth bank clients at the bank.
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Lease bgsblc providers are high net worth corporations or individuals who hold bank accounts at the issuing bank that contain significant cash sums. • The Lease bgsblc providers instructs his issuing bank to secure and encumber cash in his own account and authorizes the bank to “cut” (an industry terms meaning to create a financial instrument e.g. Bank Guarantee or Standby Letter of Credit) a financial instrument and deliver that financial instrument by Swift.com, Euroclear or DTC to the Receivers Bank account which the Provider has contracted with.
The Bank has no interest in the transaction apart from receiving fees for “cutting” (creating) the financial instrument and “delivering” the financial instrument. • All other responsibility for the asset is the Providers because the financial instrument was created and is secured against the cash position in the Providers own bank account at the issuing bank.
Reasons why Banks Don’t Issue BGs & SBLCs • Reason 1:Banks don’t use Lease bgsblc providers to raise Capital because if a Bank wants to raise Capital (e.g. take in more money to grow) the bank either issues…. • Bank Stock or Shares • Bank Bonds • Mid Term Notes
Banks NEVER issue Bank Guarantees or Standby Letters of Credit to raise Capital….. NEVER! If they need capital they issues Shares, Bonds or MTNs.
Reason 2: BG or SBLC are secured against client cash accounts of the Provider in the Bank. The Bank NEVER uses its own cash to encumber or secure a BG or SBLC! • Reason 3:When was the last time you saw a Bank advertising Monetizable Bank Guarantees or Standby Letters of Credit for sale? Answer: Never! Why? Because Lease bgsblc providers are not bank products, they are niche market client products created at the request of high net worth bank clients with large cash holdings at the bank.
So why are lease BG & SBLC Providers so Hard to Find? • 1. There are very few genuine BG or SBLC Providers because Issuing BGs & SBLC requires a very specialist financial skillset, and most High Net Worth Investors don’t have the time, patience, expertise or desire to involve themselves with BG and SBLC Issuing. • 2. The fact is you need the BG & SBLC Provider much MORE than they need YOU! A Genuine Provider has more clients than they need so they are VERY selective who they choose to do business with!
3. BG & SBLC Providers are High Net Worth Individuals who have many other ways of making money. • 4. The industry is awash with foolish investors mistakenly believe that the world owes them a living and BGs and SBLCs fall from the sky for FREE with no Upfront Fees.
