Instrument & Service Description:

Complete Leased Standby Letter of Credit Monetization (SBLC) Non Recourse

We offer 1 types of Bank Guarantee Monetization settlement methods:

Bank SWIFT

We use the Bank SWIFT Network to have the Bank Guarantee (BG) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.

Ice Invest Capital Bank Guarantee Monetization services are ideal for clients looking to Discount, Monetize, or create an immediate Non Recourse loan against a Leased Bank Guarantee (BG) that they control. The Bank Guarantee Monetization process for Leased Bank Guarantees (BG) issues Non Recourse funds to the Client shortly after the Bank Guarantee (BG) is delivered to the Monetizer.

Important

Our contracts also include the monetizer returning the Leased Standby Letter of Credit (SBLC) to the Issuing bank 15 days prior to the Standby Letter of Credit (SBLC) expiration. This is a critical requirement of most Leased Standby Letter of Credit (SBLC) Issuers. Or Continue paying the leasing fee for an extended contract

Standby Letter of Credit Monetization LTV:

⦁ 10 to 49M Leased Standby Letter of Credit (SBLC) - 15% to 25% Non Recourse

⦁ 10m to 49m Owned Standby Letter of Credit (SBLC) 50% to 90% Monetization

⦁ 50M+ Leased Standby Letter of Credit (SBLC) - 15% to 35% Non Recourse

⦁ 50M+ Owned Standby Letter of Credit (SBLC) 55% to 97% Monetization

⦁ LTV is dependent on the Issuing bank Rating and is likely to grow.

Estimated Completion Time:

⦁ 7 to 14 Days after all documents are signed and verified or 3 to 4 Days After Instrument Delivery on SWIFT.

⦁ WE do not offer Euroclear Monetization.

Monetization Requirements.

⦁ A Line of credit Account Opening

⦁ Client Checking or Current Account Opening.

⦁ Line of Credit Account Deposit Requirement.

Note
Without a Client Line of Credit or Trading Account, Monetization is impossible. If you wish to monetize your Instrument with us, Please contact us for LOC requirements. Please read more here

Brokers & Consultants:

⦁ Always 100% Protected & Respected

⦁ Healthy Commissions Paid

⦁ Be Direct to the Finance Source, NOT in a Broker Chain!

⦁ We offer 3 Profitable Broker Levels

⦁ Always 100% Protected & Respected

⦁ Healthy Commissions Paid

⦁ Be Direct to the Finance Source, NOT in a Broker Chain!

⦁ We offer 3 Profitable Broker Levels

⦁ Always 100% Protected & Respected

⦁ Healthy Commissions Paid

⦁ Be Direct to the Finance Source, NOT in a Broker Chain!

⦁ We offer 3 Profitable Broker Levels

Closing Process - SWIFT

⦁ After execution of the Standby Letter of Credit Monetization contract by both parties the Client will instruct his bank to send SWIFT MT799 to the bank coordinates provided by the Monetizer.

⦁ The Monetizers bank on receipt of the SWIFT MT799 from the client’s bank will reply with a SWIFT MT799.

⦁ On receipt of the Monetizers bank SWIFT MT799 the Clients bank will deliver the Standby Letter of Credit (SBLC) by SWIFT MT760 to the Non-Recourse or Monetizers bank.

⦁ Upon receipt, confirmation and delivery of the SWIFT MT760 the Standby Letter of Credit Monetizer will within maximum four (4) banking days grant a Non Recourse Loan or Monetization for the LTV as agreed from its nominated bank to the Client.

⦁ The Standby Letter of Credit Loaners agrees to return the Standby Letter of Credit (SBLC) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract