World Top 50 Banks will never issue a BG / SBLC unless they have an assurance that when they complete delivery of the SBLC to the Clients Bank that they will be promptly paid for creating and delivering the SBLC or BG. Banks now require Clients to make a good faith payment at the start of a BG / SBLC transaction. Too many Banks have been burned with failed BG / SBLC transactions by clients.
Our industry is full of people that believe the lies that SBLCs and BGs can be obtained with NO MONEY UPFRONT. The fact is they can't! They never have been able to be purchased for free and they never will be! ALL Banks especially World Top 50 banks charge fees to create and deliver the BG / SBLC to the Client. Banks don’t work for FREE and they won’t deliver assets worth millions of dollars to a client account for FREE and then hope the Client will pay them later! It does not happen anywhere in this industry if you are dealing with a legit instrument provider. We guarantee comfort to our clients! The high rate of failed BG / SBLC transactions from clients who have not invested any money in the settlement of their own BG / SBLC transactions has led Most Banks and Financial Instrument Providers to now require good faith payments before a BG / SBLC is Issued by a bank. If a client could get a Bank Guarantee or Standby Letter of Credit issued without contributing a single dollar, every homeless person on the planet would be doing it! There has to be a common-sense barrier to prohibit that sort of foolishness and misuse. Issuing a BG / SBLC without providing any kind of Deposit is a Fairy Tale that has never existed. |
"There has been a high level of fraud with Proof of Funds and Bank Statements. if a client cannot transfer the required Deposit for a Leased BG or SBLC Purchase after all program legal documents are signed by all parties then the client probably is not real and We shouldn’t be doing business with such clients"