Amount — 50 000 000+
Term — 1 year 1 day
Total Fee — 15 % from face value
Procedure:
The client and our company sign the agreement
The client carries out an advance payment of 1 % (probably on escrow account)
Our company blocks means in the bank, letting out the tool
To bank of the client goes Preadvice (MT799)
The bank of the client accepts/confirms Preadvice, and in the answer sends a guarantee of payment of the others of 14 % (MT799) after reception BG.
The financial tool goes to bank of the client (a bank guarantee or the reserve letter of credit — SBLC or BG (MT760)
The client pays to other part (14 %) within 5 days after tool release (MT103)
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