Leasing Banking Instruments
LEASE BG's, MTN's, CD's and TREASURIES Bank Instrument Leasing Are you Interested in leasing financial BG's, MTN's, CD's and Treasuries? Century Funding works with clients on the leasing of Medium Term Notes - MTN's and Bank Guarantee - BG's, CD's and Treasuries. Lease and "hand-select" seasoned, AAA-Rated and discounted bank instruments DIRECT from the actual facilitators directly within the Bloomberg, Clearstream or Euroclear screen. We can take down the instrument directly into the clients name vs. an assignment or being "assigned to the client". * CAPS: We can currently only facilitate up to $2B instruments for this program * LEASE RATES: Vary Daily *
Procedure Leasing Bank Instruments
Procedure #1 For BG, SBLC less than EUR, USD10M (required retainer fee USD, EUR 15`000 refundable or escrow account)
1. The Borrower provides LOI, CWA, LEASE-APPLICATIN., FPA,
2. The Borrower provides BCL-POF or confirms Bank to Bank via MT-999, covering 8% of BG face value .
2.1. The copies of documents (p.1, p.2) are transmitted through the representatives of the Sides. The original documents will be transmitted directly to Bank Vice President, after DD/Compliance and signed Contract/Agreement.
2.2. Once the LOI has been accepted by the Lessor, he will provide the transacting bank details in order for the Leasee to send his MT-999 or the Leasee can send his BCL confirming funds on account.
2.3. Once the Lessor has received the MT-999 or BCL, he will send to the Leasee the agreement in order to complete, the deal then closes The Lender fills out, signs and notarizes the LENDING and BORROWING AGREEMENT and sends the original of Agreement to the Borrower via DHL (a copy of Agreement to be sent via email)
3. The Lender’s Bank performs verification of the Borrower’s Bank Statement.
4. Simultaneously with p.3, the Lender’s Bank send Pre-advice (MT799) to the Borrower’s Bank about readiness to issue and send the BG(s) of defined face value, with a total amount as per Borrower’s LOI.
5. In turn, the Borrower fills out, signs and notarizes the LENDING and BORROWING AGREEMENT and sends it back via DHL (a copy to be sent via email to
6. Upon signing of the Agreement the applicant places the fee either into the escrow account of a reputable law firm or directly with the issuer. (The fee is only due upon fulfillment of the Agreement.)
7. The Lender’s Bank transmits SWIFT MT760 to the Borrower’s Bank.
8. The Borrower’s Bank performs verification and authentication of the received BG.
9. Leasing fee – 8%; Commissions – 2%
Total Borrower’s expenses – 10%.
1. The Borrower provides LOI, CWA, LEASE-APPLICATIN., FPA,
2. The Borrower provides BCL-POF or confirms Bank to Bank via MT-999, covering 8% of BG face value .
2.1. The copies of documents (p.1, p.2) are transmitted through the representatives of the Sides. The original documents will be transmitted directly to Bank Vice President, after DD/Compliance and signed Contract/Agreement.
2.2. Once the LOI has been accepted by the Lessor, he will provide the transacting bank details in order for the Leasee to send his MT-999 or the Leasee can send his BCL confirming funds on account.
2.3. Once the Lessor has received the MT-999 or BCL, he will send to the Leasee the agreement in order to complete, the deal then closes The Lender fills out, signs and notarizes the LENDING and BORROWING AGREEMENT and sends the original of Agreement to the Borrower via DHL (a copy of Agreement to be sent via email)
3. The Lender’s Bank performs verification of the Borrower’s Bank Statement.
4. Simultaneously with p.3, the Lender’s Bank send Pre-advice (MT799) to the Borrower’s Bank about readiness to issue and send the BG(s) of defined face value, with a total amount as per Borrower’s LOI.
5. In turn, the Borrower fills out, signs and notarizes the LENDING and BORROWING AGREEMENT and sends it back via DHL (a copy to be sent via email to
6. Upon signing of the Agreement the applicant places the fee either into the escrow account of a reputable law firm or directly with the issuer. (The fee is only due upon fulfillment of the Agreement.)
7. The Lender’s Bank transmits SWIFT MT760 to the Borrower’s Bank.
8. The Borrower’s Bank performs verification and authentication of the received BG.
9. Leasing fee – 8%; Commissions – 2%
Total Borrower’s expenses – 10%.
Procedure#2 For BG, SBLC over EUR,USD 50M
1. LESSOR send Deed of Agreement to LESSEE executes, sign an initial the Deed of Agreement which thereby automatically becomes a full recourse commercial contract LESSEE’S send ’s passport copy , Company’s resolution and Client’s Information Sheet (CIS).
2. Within 2 days after both parties have executed this Agreement, LESSOR will send bank form to LESSEE, LESSEE fill and send back within 24hrs, LESSOR bank will send RWA TO LESSEE bank by fax communication, LESSEE bank will confirm the RWA BY reply to LESSOR bank by fax.
3. LESSEE within three (3) international banking days, instruct his Bank to send SWIFT MT-799 cover of 6% to the LESSOR ’S provided receiving bank coordinates, which copy will be also provided to LESSOR via e-mail for the verification and compliance.
4. Within 2 banking days after confirmation and verification of receipt of SWIFT MT-799, LESSOR sends Swift MT760 to deliver the BG/SBLC and send copies to LESSEE for confirmation. The LESSOR `s bank send the hard copy of the BG/SBLC through bank bonded courier within 7banking days .
5. LESSEE shall pay brokers their fees and LESSOR will give LESSEE 3 to 5 banking days to his fee of 6% by wire transfer, if LESSEE refuse to pay the LESSOR, LESSOR will instruct the Issuing Bank to put a claim on the BG and thereby forcing the LESSEE ’S Bank to return the BG/SBLC by SWIFT MT760 to the Issuing Bank.
6. Any unauthorized calls by any party or its representative lawyers to probes or communication in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.
1. LESSOR send Deed of Agreement to LESSEE executes, sign an initial the Deed of Agreement which thereby automatically becomes a full recourse commercial contract LESSEE’S send ’s passport copy , Company’s resolution and Client’s Information Sheet (CIS).
2. Within 2 days after both parties have executed this Agreement, LESSOR will send bank form to LESSEE, LESSEE fill and send back within 24hrs, LESSOR bank will send RWA TO LESSEE bank by fax communication, LESSEE bank will confirm the RWA BY reply to LESSOR bank by fax.
3. LESSEE within three (3) international banking days, instruct his Bank to send SWIFT MT-799 cover of 6% to the LESSOR ’S provided receiving bank coordinates, which copy will be also provided to LESSOR via e-mail for the verification and compliance.
4. Within 2 banking days after confirmation and verification of receipt of SWIFT MT-799, LESSOR sends Swift MT760 to deliver the BG/SBLC and send copies to LESSEE for confirmation. The LESSOR `s bank send the hard copy of the BG/SBLC through bank bonded courier within 7banking days .
5. LESSEE shall pay brokers their fees and LESSOR will give LESSEE 3 to 5 banking days to his fee of 6% by wire transfer, if LESSEE refuse to pay the LESSOR, LESSOR will instruct the Issuing Bank to put a claim on the BG and thereby forcing the LESSEE ’S Bank to return the BG/SBLC by SWIFT MT760 to the Issuing Bank.
6. Any unauthorized calls by any party or its representative lawyers to probes or communication in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.
| Deed of Agreement Leasing.doc |
