Monetization
This is a process which is always more considered as an alternative form of funding for a large number of projects and major projects, or better to say that always more the monetization of an asset (normally a financial instrument) generate a loan-to-value which become a part of the overall structured finance for the project. We are specialized in this financial process, and the client will moce forward according a previous agreement with monetizer about the procedure and the loan-to-value which as standard is non-recourse.
MONETIZATION BANK INSTRUMENT /SBLC/BG /INSTRUMENT ISSUED OR TO BE ISSUED
Monetization process will progress as follow: LOI-CIS from the Beneficiary/Buyer/Prospective Buyer of SBLC/BG with bank information and two Bank Officers’ business cards; agreement signed by the client and the Monetizer.
Then, Swift Monetization Procedure starts as follow:
1. Swift MT 199 RWA from the issuing bank or client’s bank (it depends if the Instrument is to be issued or already issued); then a MT 199 reply from the Monetizer’s bank.
2. Swift MT 799 from the issuing bank or client’s bank (it depends if the Instrument is to be issued or already issued); then a MT 799 BPU reply from the Monetizer’s bank.
3. Swift MT 760 from the issuing bank or client’s bank (it depends if the Instrument is to be issued or already issued); then a Swift MT 103 by the Monetizer’s bank.
4. Hard copy from the issuing bank or client’s bank (it depends if the Instrument is to be issued or already issued).
Strong Client’s Bank in acceptable jurisdiction (ideally Top 50).
Case-by-case can be accepted a correspondent bank with the above requirements.
Procedure and Figures on “Files Download Pages”, go through the Contact page to get your password.
File code: D/003/0521
MONETIZATION BANK DRAFT
Monetization Procedure will progress as follow: LOI-CIS from the Bank Draft Beneficiary with bank information and two Bank Officers’ business cards; agreement signed by the client and the Monetizer.
Then, Monetization Procedure starts:
1. KYC with proof of funds of the client.
2. Agreement signed by the client and the Monetizer.
3. Swift MT 199 RWA by the client’s bank.
4. Swift MT 199 reply by the Monetizer’s bank.
5. Swift MT 799 by the client’s bank.
6. Swift MT 799 BPU by the Monetizer’s bank.
7. Swift MT 110 by the client’s bank.
8. Swift MT 103 by the Monetizer’s bank.
9. Bank Draft is cashed at the end of the year.
Strong Client’s Bank in acceptable jurisdiction (ideally Top 50).
Case-by-case can be accepted a correspondent bank with the above requirements.
Procedure and Figures on “Files Download Pages”, go through the Contact page to get your password.
File code: D/003/0621