Обеспечение в виде SBLC от DB

SBLC Release Procedure.

1. Providing a presentation of the project for the consideration of the investor.

2. Submission of a letter from the Investor on the readiness of financing + СIS (due diligence)

3. Signing an agreement on the release of SBLC, with the provision of RWA and MT760 texts, certified by the investor.

4. Provision of Bank Comfort Letter (BCL) from the Customer's bank.

5. Issuance of the RWA to the e-mail of the bank officer receiving the Beneficiary/Investor's Bank.

5. After receiving the RWA by the bank employee, the response POF (PROOF OF FUNDS LETTER) MT799, confirmation of solvency and readiness to accept MT 760.

6. After checking MT799 by the Issuing Bank (DB), we issue an Invoice for payment of Insurance, the risk of not paying 10% of the value of the face value of the issued SBLC, after receiving the money, we issue SWIFT MT760.

7. Upon receipt on the server of the recipient bank, Beneficiary / Investor, MT760, the Issuing Bank automatically receives the Arrfyval code, confirmation of receipt of MT760.

9. Bank officer of the Bank-Issuer informs the bank officer of the receiving bank of the Beneficiary/Investor by e-mail, sends the Arrival code.

10. Banking officers make a request for Swift investiganion repport to receive Trasser-SWIFT, confirmation of sending and delivery to the server of the Central Office of the Customer's Bank.

11. Beneficiary/Investor is given 10 (+5) banking days to pay 10% of the face value of the issued SBLC.

12. In case of late receipt of payment for the issue of SBLC, an explanatory letter about the reasons, the instrument is withdrawn.

P.S. - it is obligatory to provide copies of documents of bank employees issuing and sent by mail, as confirmation to the parties involved in the transaction.