Shail Financial Instrument Monetization Asset Management Services-
We do not accept any instrument less than 5M. Minimum 5 million.
Monetize Instruments Top Rated or Non - Rated Banks.
We accept banking instruments from rated banks on international platforms and we monetize instruments rated or non - rated banks. We can monetize as little as 5m up to billions and use several banks around the world e. g. Singapore, Dubai, India, Hongkong, China, Japan, South Korea, Philippines, Indonesia, Malaysia, Australia, US, Taiwan, Vietnam, Europe and more. (Please note LTV depends on the bank) The LTV varies on different parameters, but mostly falls between 10% to 88%. We can also monetize various assets on Euroclear such as MTNs, LTNs, SBLCs, BONDs etc. The Foundation has accounts in various banks in Hong Kong, Singapore, Japan, Korea, Taiwan, etc. They use either their cash funds or active lines of credit to receive and monetize Instruments. The actual LTV is achieved upon different parameters like bank rating, amount, location and validity of the instrument. As a result of our extensive banking relationships, we will accept mostly rated banks and Instruments with a face value as low as Five Million up to Five Billion in USD or Euros. All instruments are returned at term so a Client maintains all the benefits of ownership. (Please note LTV depends on the bank) We can also provide a full non-recourse loan at approximately 10/88% LTV. There is a verification process to validate the authenticity of each instrument so only Clients with valid Instruments (SBLCs) can send via the Brussels Swift System. For instruments on Euroclear, all 23 Euroclear pages must be presented. Please contact us with the particulars of your Instrument and we would be glad to provide the steps to success. Seeking to purchase or lease an Instrument, we are able to assist. We work with various Sellers/Providers of Instruments which enables us to offer an array of procedures most of which are client friendly to make both the Seller and Buyer comfortable. Also, for any SBLC/BG/MTN, LTN, DLC transaction, you will have to share details of the transaction (amount, tenor, type of financial instruments, underlying goods/project etc) so that we can check with the foreign banks for available limits and their acceptance and quote for the specific transaction. There is a verification process to validate the authenticity of each instrument so only Clients with valid Instruments should apply. Please contact us with the particulars of your Instrument and we would be glad to provide the steps to success.
To moneitze a SBLC sent via MT760 Brussels Swift, we must have the Beneficiary's CIS and PP. The receiving bank requires full disclosure so if leasing then we must have the executed lease DOA with all the details of the Lessor included in the DOA. To validate the Provider, we must have an email sent from the Applicant's banker to him with a copy to us at compliance@shailinternationalgroup.com. Nothing happens until this email is received. Please understand that the Provider will never agree to this if not valid or is not the Applicant and just a middle person. The Applicant is the one who goes into the bank and causes the issuance of the instrument. If desired and after the email verification we will issue the DOA (sample attached) with all the details of the receiving bank. The below pre-advice verbiages can be sent via email or 799/999 if desired. Please note the SBLC must state 'cash backed' with standard ICC 600 verbiage and description as noted below. It will be returned at term to the Lessor's account. Once we receive the banker email, then we can issue the receiving bank details, etc. The Provider is given 100% comfort of our ability to perform which can be accomplished as stated below. If valid, he will not have any problem with the banker email sent to him as the Applicant with a copy to us stating their readiness to issue to his Lessees a SBLC. If the Lessor comes back with "we can only send to a banker", then that will not be allowed unless we are 'copied' because the banker will not respond....point is we must be copied at the above email address and then we can proceed. The receiving bank will be Hana Bank in South Korea or HSBC PLC, Bank of Amrica (USA).
Other banks may also be involved but will be informed on the spot.
Before we agree to receive an instrument from any bank and provide any receiving bank details, we must know the validity of the Provider (by Provider {means} your lease Provider) or the Applicant ( the one issuing the instrument). To do this we ask for a copy of a RWA email sent to the Applicant. A RWA bank letter is signed by two bank officers on bank letterhead and basically states that they are Ready, Willing and Able to issue a xx Million SBLC to the Applicant's designated beneficiary. We then verify the email was sent from the bank servers or must call and speak to the signing banker. If you would like for us to move forward or make any commitments, we MUST have this RWA email or an ATV to verify its authenticity. Once we know we have a VALID opportunity then we will do whatever we can to assist a client but if this is not received, then all is a waste of time.
We are able to instruments monetize only when we get the right documents.
Right policy and right banking rules.
Monetization procedures (Purchased Instruments)
In addition to my text, please see below and attached. We would be glad to accommodate and pay you as long as the below can be followed.
If you would like for us to monetize a MT760, SBLC, here are the detailed steps to proceed. The monetizing bank requires us to submit the below documentation. (Please note LTV depends on the bank) The LTV will be approximately 10% to 88% non-recourse loan payable to the client within five business days of receipt and validation of the MT760. The instrument will be returned to the issuer at term.
To proceed, please provide the following.
CIS of the Applicant at the bank which may or may not be the same as the client or receiver of the funds....if the Client is issuing the instrument against his own funds then he would be the Applicant and cause the bank to issue the 760 which will come from his account. If otherwise, such as a leased or purchased instrument, then I need the CIS of the Applicant who will issue the instrument and their account details and a copy of the documents to support the transaciton; we call this the relationship document which shows the relationship between the two parties.
For us to validate the authenticity of the transaction, we also must have the "Applicant" have his banker send to them an email and a copy to compliance@shailinternationalgroup.com ; preferably, the email should be an RWA email stating their readiness to issue and instrument. Once the email is received, then we verify it was sent from the bank servers and then will issue the DOA. If a forwarded copy of the email is sent, then the transaction will be cancelled. Since a copy is all that is being sent and is done so at the request of the Applicant or Client of the issuing bank for the purposes of compliance, then all banks will comply with this request.
I have attached a sample of the DOA, but please understand that it cannot be executed until the above has been received and I personally speak to the Client who will be signing the DOA. There can be no variation or changes to the above bank requirements
We have tried to simplify our procedures for monetization.
All that is necessary is for us to receive the below documents. Once received and we are comfortable, then we might allow an email to be sent by the issuing banker to the receiving banker to confirm validity. In all cases, a copy must be sent to our compliance address for validation. If you are not one of these parties, then I must always have direct access and speak to the party signing our DOA.
The below documents are required by the receiving bank so nothing happens until received!
If all are cooperative and there are no red flags, then we will provide the email address of the receiving banker whereby the banker at the issuing bank may send an email using the RWA verbiage in our DOA to confirm the receiving account. As stated previously, when the issuing banker sends the email, the Monetizer MUST be copied or the banker will never respond!
I suggest sharing this email with the issuing party (applicant) so they fully understand our position and what is a very simple process. The receiving bank has provided to us these requirements of full disclosure of all parties and they must be followed for us to monetize!
If your banker desires, then he can email the receiving banker for added comfort prior to sending the 799./760. We typically can pay in three to five business days.
Monetization procedures (Leased Instruments)
Since we believe this to be a leased instrument, below is the process to be followed, timelines, 799 verbiages, etc.
The receiving bank for the instrument requires to know the applicant at the issuing bank and the beneficiary and the relationship. Hence, if this is a leased instrument, we must have a copy of the executed DOA between the Lessor and the Lessee. I will need a letter from the Lessor (party signing the lease DOA) that he/she is the applicant at the issuing bank. I will also need a KYC on the party signing as the Lessee.
Monetization of Purchased or Leased Financial Instruments.
For monetization we use multiple banks around the world so the funding bank we choose is not determined until we receive the file, objectives and capabilities of the client, jurisdiction, amounts, etc. We must always have a pre advice and the preferred method is a MT799 but a MT199 is acceptable; the receiving bank will always respond in kind (please see below). After monetization, we can provide “cash and carry” option via a non-recourse loan (no trade) but trade is available if desired. The verbiage below may be modified depending upon the receiving bank. Suggested MT760 verbiage will be provided in the DOA once the submission is received and approved.
Since this is a leased instrument, please see details above.
The monetization LTV from most banks will typically be 50% and is paid via a non-recourse loan (could be less for lower rated banks) and can be paid to an approved bank as long as the client is the signatory unless previously agreed otherwise.
Submission Package for Leased Instruments:
Copy of the executed DOA between the Lessor and the Lessee with full details.
KYC on the Lessee with receiving bank details for the funds, etc.
Letter on the letterhead of the Lessor that he is the applicant at the issuing bank for the SBLC.
After due diligence and confirmation of the above then a DOA is issued with details of the receiving bank, MT760 verbiage, etc. After execution, the applicant's bank sends a 799 or 199 and the receiving bank will respond in kind.
All verbiages are provided in DOA with samples below.
Full payment in three to five business days after receipt and validation of 760. Since the amount is 500m, it is possible the amounts might be paid in two tranches, normally not more than a couple weeks apart.
Funds can be delivered to any major bank or otherwise mutually approved.
Once funds are received then we can discuss several options you will have to leverage these funds as discussed. If a client would like to enter a tear sheet trade program then suggest a top world bank in a good jurisdiction. The funds will always remain in the client's account under their sole control.
We typically can pay in three to five business days.
SAMPLE PRE ADVICE WHICH CAN BE SENT VIA EMAIL OR MT999/799
WE, _________________________, HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY, PURSUANT TO THE REQUEST AND ON BEHALF OF OUR CLIENT ___________________ WITH ACCOUNT NUMBER _____________________ THAT WE ARE READY, WILLING AND ABLE TO ISSUE AN UNCONDITIONAL, DIVISIBLE, AND ASSIGNABLE, CASH BACKED STANDBY LETTER OF CREDIT (SBLC) OF ICC 500/600 FORMAT, TO THE BENEFICIARY _______________, IN THE AMOUNT OF TWO HUNDRED MILLION USD ($200,000,000.00) WITH MATURITY DATE OF ONE YEAR AND ONE DAY FROM THE DATE OF ISSUANCE AND IT SHALL BE TRANSMITTED VIA SWIFT MT760 WITHIN 72 BANK HOURS UPON THE RECEIPT OF YOUR ACKNOWLEDGEMENT OF ACCEPTANCE.
FOR AND ON BEHALF:
DRAFT TEXT OF RESPONSE FROM MONEITIZING BANK
(FINAL VERBIAGE AS PER ISSUING BANK STANDARD FORMAT)
AT THE REQUEST OF OUR CLIENT: EMPEROR MANAGEMENT PTE LTD, WE, XXXXXXXXXXX LOCATED AT XXXXXXXXXXXXXXXXXXXXXX, HEREBY IRREVOCABLY CONFIRM THAT WE ARE PREPARED TO UNDERTAKE THE FOLLOWING:
1. TO RECEIVE, VIA SWIFT MT760 INTO OUR CLIENT’S ACCOUNT, XXXXXXX MANAGEMENT PTE LTD, ACCOUNT NUMBER XXXXXXXXXXX, A CASH-BACKED, ASSIGNABLE, TRANSFERABLE, DIVISIBLE AND UNCONDITIONAL STANDBY LETTER OF CREDIT (SBLC) IN THE TOTAL AMOUNT OF US$200,000,000.00 (TWO hundred MILLLION UNITED STATES DOLLARS) WITH MATURITY DATE OF ONE YEAR AND ONE DAY FROM ISSUANCE DATE; AND,
2. TO FUND THE SWIFT MT760 SBLC, UNDER THE PROCEDURE, TERMS, AND CONDITIONS OF THE DEED OF AGREEMENT PER TRANSACTION CODE: xxxxxx
WE HEREBY CONFIRM THAT ANY FUNDS TO BE TRANSFERRED AS PAYMENT ARE GOOD, CLEAN AND CLEARED FUNDS DERIVED FROM A LEGAL SOURCE.
Sample SWIFT MT760 TEXT
FOR THE VALUE RECEIVED, WE THE UNDERSIGNED (BANK) LOCATED AT _______________________________________ WITH FULL BANK RESPONSIBILITY HEREBY IRREVOCABLY AND UNCONDITIONALLY, WITHOUT PROTEST OR NOTIFICATION PROMISE AND GUARANTEE TO PAY ON TIME, IN FULL AND WITHOUT DELAY, AGAINST THIS STANDBY LETTER OF CREDIT NUMBER: ……………….. IN FAVOUR OF _____________________ WITH ACCOUNT NUMBER: ……………………….., AT [BENEFICIARY BANK] LOCATED AT _______________________________, THE SUM OF ONE HUNDRED MILLION AND NO/100THS EUROS (€100,000,000.00) IN THE LAWFUL CURRENCY OF THE EUROPEAN UNION AT FIRST DEMAND, UPON PRESENTATATION AND SURRENDER OF THIS STANDBY LETTER OF CREDIT, AT OUR COUNTERS, ON MATURITY DATE, AND NOT LATER THAN FIFTEEN DAYS AFTER THE MATURITY DATE.
SUCH PAYMENT WILL BE MADE WITHOUT SETOFF AND SHALL BE FREE AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEES OR WITHHOLDING OF ANY NATURE NOW OR HEREAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF THE ISSUING OR PAYING BANK OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN.
WE HEREBY CONFIRM, THIS FULLY CASH BACKED STANDBY LETTER OF CREDIT IS BACKED BY GOOD, CLEAN, CLEARED MONEY OF NON-CRIMINAL ORIGIN AND ARE FROM A LEGAL SOURCE. THIS STANDBY LETTER OF CREDIT IS UNCONDITIONAL, CONFIRMED, IRREVOCABLE, ASSIGNABLE, DIVISIBLE, AND FREELY TRANSFERABLE, WITHOUT NOTICE OR PRESENTATION TO US AND PAYMENT OF ANY FEES.
THIS STANDBY LETTER OF CREDIT IS A FULLY CONFIRMED OPERATIVE INSTRUMENT AND IS SUBJECT TO THE LAWS OF THE ISSUING COUNTRY. THIS STANDBY LETTER OF CREDIT IS GOVERNED AND CONSTRUED IN ACCORDANCE TO THE INTERNATIONAL CHAMBER OF COMMERCE (ICC), PARIS, FRANCE UNIFORM CUSTOMS AND PRACTICES FOR DOCUMENTARY CREDITS PUBLICATION NUMBER: 600 (UCP 600) AND ENGAGES US IN ACCORDANCE WITH THE TERMS THEREOF UNLESS OTHERWISE SPECIFIED.
Regarding the RWA verbiage, nothing was attached. Most banks know what a RWA email is so this is only a suggestion. RWA are addressed to the Applicant, which is NOT you or me but the person who has an account at Bank XXX and is issuing the SBLC, and basically state that they are ready, willing and able to issue a Five Million USD SBLC to the Applicant's designated beneficiary.
SAMPLE RWA. To: Client (who is sending the SBLC and has an account at Bank XXX) signed by two bank officers.
WE, _________________________<NAME & ADDRESS OF SBLC ISSUING BANK>, HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY, PURSUANT TO YOUR REQUEST ___________________<ISSUERS NAME> WITH ACCOUNT NUMBER _____________________ <ISSUERS ACCOUNT NUMBER> THAT WE ARE READY, WILLING AND ABLE TO ISSUE AN UNCONDITIONAL, DIVISIBLE, AND ASSIGNABLE, CASH BACKED STANDBY LETTER OF CREDIT (SBLC) OF ICC 500/600 FORMAT, TO YOUR DESIGNATED BENEFICIARY IN THE AMOUNT OF FIVE MILLION USD ($5,000,000.00) WITH MATURITY DATE OF ONE YEAR AND ONE DAY FROM THE DATE OF ISSUANCE AND IT SHALL BE TRANSMITTED VIA SWIFT MT760 WITHIN 72 BANK HOURS UPON YOUR ACKNOWLEDGEMENT OF A DESIGNATED BENEFICIARY.
You may lose your funds if you don't follow our valuable article and alert words.
There are a lot of scams worldwide in the name of Issuing, Instruments Monetization etc. Please always keep your legal security in your hands. And read the valuable article carefully. and provide correct information to others. This article will be the biggest reason for your safety. Will save you from the wrong people. You can protect your funds You need to know banking rules and policy. https://www.shailinternationalgroup.com/financial-services-detail/instrument-protection-policy
Do not pay for a email verification Message
Do not pay for a RWA
Do not pay for a insurance fees
Do not pay for a transmission fees
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