Our Standby Letter of Credit is issued by World Top 50 Banks. We use the Bank SWIFT.com Network to have clients’ Leased Standby Letter of Credit (SBLC) delivered bank to bank using SWIFT MT799, followed by SWIFT MT760. We operate a reliable, efficient delivery and authentication process that includes independent verification on:
Swift.com – After all parties have signed the Leased SBLC Deed of Agreement (DOA), delivery of the SWIFT MT799, followed by SWIFT MT760, to your bank coordinates commences.
Independent Trustee Deposit Protection – We have achieved full protection of investors’ deposits by ensuring that all investors pay their deposit funds to an independent trustee who holds and protects the funds safely in trust.
Funds are NOT released by the independent trustee to the SBLC/BG issuer until the issuer’s bank has successfully delivered the SWIFT MT799 to the client’s bank, and the independent trustee has verified that the client’s bank has received, authenticated, and verified the authenticity of the SWIFT MT799. Only after the client’s bank has received, authenticated, and verified the authenticity of the SWIFT MT799 will the trustee release the client’s funds to the SBLC/BG issuer to complete the transaction by delivering the SWIFT MT760 to the client’s bank.
Investors’ funds are fully protected by the independent trustee. If, for ANY REASON, the issuing bank does not successfully complete the delivery of an authentic MT799 to the client’s bank OR the client’s bank does not authenticate and verify the authenticity of the SWIFT MT799 from the SBLC/BG issuer, then the independent trustee will, within 10 days of confirming this, return the investors’ deposit funds to the investor’s bank account.
Using this method, we protect investors’ funds and ensure that only genuine, legitimate funding transactions are completed. The independent trustee is a seasoned financial instruments expert who works and resides in one of the world’s largest financial centers. He has years of experience completing successful financial transactions and does not work for either the SBLC/BG issuer or our SBLC/BG monetizer.
The independent trustee signs the SBLC/BG lease agreement along with the investor and the SBLC/BG issuer. All parties provide full disclosure of their addresses, passports, and detailed contact information, ensuring complete transparency.
The independent trustee is available for in-person, face-to-face meetings with investors, as well as being contactable by phone, email, and Skype after clients have agreed to and signed the Buy Leased SBLC Deed of Agreement.