1) The Client must have finance knowledge about Asset Finance banking transactions.
Client has to show appropriate finance knowledge about financial instruments bank-to bank transactions and also about how the principal Depositary Trusts and Clearing Corporations (Euroclear, Clearstream, DTCC) work, client must be aware about Trade Desks operations as well. He needs to have a basic knowledge about the process of liquidating such financial assets by converting them into legal tender and about which is the role of collateral securities issued by leading global banks. When we understand that a Client is not fully aware of the process to start such financial transactions we ask him that we have to discuss the transaction with his lawyer and/or his financial advisor.
2) In the last years a huge number of incapable people and scammers started to offer fake transactions involving financial assets and bank instruments.
Due to the fact that a growing number of Investors and Asset Owners started to have interest for Asset Finance transactions, a huge number of incapable people and Рworse Рscammer people started to use the Internet and Web Platforms to present themselves as people able to close a positive transaction concerning financial assets. Normally the fraud scheme is to ask for an upfront fee but there are also some fraudulent organization much more sophisticated. What is worse is that these incapable and/or scammer people are the same people that try to discredit the few professional players on the market who are truly capable of closing this type of financial transactions. Indeed these people with their defamation attempts published on web aim to create confusion in the research and identification of the few professional, capable and respectable operators who have been working in this financial market for years. Normally when you manage to contact these criminals who always remain anonymous they require money to delete their false and defamatory publications.