Step-1

Necessary information and documents to initiate the procedure

1)      Bank Statement…………..

2)      Copy of your passport………….

3)      Completed Proof of Fund application. (We have sent you the format, please see the attachment)…………….. 

4)      Executive Summary……………..

5)      Copy of Articles of incorporation/Copy of business registration……………….

6)      Copy of Tax ID………………………..

7)      Copy of approved swift Text signed by the Receiving Bank or Beneficiary……………

8)      Copy of Receiving Bank Coordinates with Bank Officer Contact Details…………………………

Step-2
Joint Venture Agreement

1)      Fast Bank Guarantee will provide you a Generic Joint Venture Agreement Format

2)      After having a mutual understanding (among the parties) regarding “terms and Condition” both parties will authenticate the Joint Venture Agreement.

Step-3
Payment Method

1)      Fast Bank Guarantee prefers only Escrow Transactions.

2)      After having a mutual understanding (among the parties) both parties will set up an Escrow Agent.

3)      The lessor, the lessee and the attorney will authenticate the Escrow Agreement.

4)       The Escrow Company should be located at United States.

Step-4
Underwriter

After compiling all the necessary documents (Proof of Funds account Application, JV Agreement and Escrow Agreement) Fast Bank Guarantee will submit the documents to its underwriter to verify and finalize the agreement.

Step-5
Finalization

1)      The Lessee will initiate the procedure by transferring payment into mutually agreed and approved Escrow account.

2)      After getting the Escrow confirmation, Fast Bank Guarantee will instruct its bank to issue MT-700, which is an outline of the final MT-760 Messages.

3)      Issued MT-700 will confirm the beneficiary’s bank that Bank Instrument has been placed and within 72 Hours beneficiary’s bank is going to receive the final message MT-760.

4)      After verifying the MT-700 the Lessee will release the Escrow payment, because MT-700 is a guarantee which will assure that within 72 hours the beneficiary bank will receive Bank Instrument.

 

Charges

We Charge 1% of the total amount every month and 10% in a year

Henry Thompson
FastBankGurantee.com
World Headquarters
WORLD TRADE CENTER
One World Trade Center, 8th Floor
Long Beach, CA 90831
Call me (Henry):
Phone- +1 562-239-3142
Email: contact@fastbankguarantee.com
Skype: info.fastbank-guarantee.com
Web: www.fastbankguarantee.com


Gallery  —  Posted: May 25, 2011 in Uncategorized
Tags: , , , , , , , , , , , , , , , , , , ,


SWIFT is the Society for Worldwide Interbank Financial Telecommunications. This is a Belgian organization, founded in 1973 in response to global demand for more efficient and effective means of communicating between banks in different countries. The SWIFT messaging system is a series of standardized messages which have authority in over eight thousand banks in over two hundred countries.

Victor William

FastBankGurantee.com

SWIFT BIC: MTCMUS61

World Headquarters
WORLD TRADE CENTER

One World Trade Center, 8th Floor
Long Beach, CA 90831

Call me (Victor): 1-(972)704-1696 EXT-1001


What is SBLC?

SBLC (Standby Letter of Credit)

A Commercial Letter of Credit is taken as Guarantee to be used in payment of goods and services. The Standby Letter of Credit issued is taken as guarantee that the applicant, the customer of issuing bank will execute responsibilities under an agreement. In other words, if an applicant fails to meet the promises made, the beneficiary draws on standby. According to the Controller of Currency, Standbys defined as, ‘any letter of credit or a similar document issued which mentions responsibilities to the beneficiary on the side of issuer.

The SBLC (Standby Letter of Credit) mentions details regarding-

1. To pay back the money borrowed or advanced to or for the account of the account party.

2. To pay on account of an indebtedness undertaken by the account party

3. To pay in case of default by the account party in meeting of any promises made.

In the first condition, the bank which issues the SBLC agrees to pay back the money advanced or borrowed in case if applicant fails to pay. For example, a U.S. bank which offer finance to local unit of a foreign business may require SBLC payable to the bank from the foreign unit’s bank to bear the loan. In case, if local business fails to repay the loan, the U.S. bank relies on the standby to recover the unpaid loan amount.

The SBLC may also be used to guarantee the payment of invoices for sales made on open account. The purchasing party may request his bank to provide SBLC to the seller with the criterion that the Standby may be drawn on in case if outstanding bills amount are not paid within the asked time duration. If the purchasing party fails to pay on time and original invoice is unpaid, the seller has the complete authority to draw on the standby by presenting a draft, copies of the due invoices and letter with clear mention that invoices are due.

Another popular use of SBLC is to use as performance bonds or bids. The business which bid on contract to offer goods and services may be required to supply a bond or SBLC which may be drawn if business fails to fulfill the bid awards. Standby Letter of Credits are also taken is use to guarantee performance under contractual deals. For example, a builder may produce SBLC to guarantee fulfillment with government regulations and building codes. Such types of standby are termed as performance bond and may be used to make sure on time delivery of goods and services.

Both performance bond and bid standbys are payable when presented along with a request letter with mention that the applicant or buyer has failed to keep promises or make payment on time.

Victor William

FastBankGurantee.com

SWIFT BIC: MTCMUS61

World Headquarters
WORLD TRADE CENTER

One World Trade Center, 8th Floor
Long Beach, CA 90831

Call me (Victor): 1-(972)704-1696

BlockedFunds.com is the premiere agency for equity and debt-secured cash accounts, on a fixed-return basis, for Proof of Funds uses. We provide organizations and individuals the capability to complete long-term financing or meet other on-going project needs.

Toll Free: (888) 870-9668
Fax: (888) 609-8646
Email: contact@fastbankguarantee.com

Skype: victor.atoztasks

Web: www.fastbankguarantee.com


SWIFT is the Society for Worldwide Interbank Financial Telecommunications. This is a Belgian organization, founded in 1973 in response to global demand for more efficient and effective means of communicating between banks in different countries. The SWIFT messaging system is a series of standardized messages which have authority in over eight thousand banks in over two hundred countries.

SWIFT messages have become popular in the sugar trade due to their simplicity and efficiency. Because SWIFT messages are issued from bank to bank, there is little room for the sorts of human errors that can come into play when requesting hard copies of documentation. They are also much quicker than traditional methods of communication. A SWIFT message can be sent and received within seconds, and though they are still subject to processing time, this is much quicker than sending communications through the mail, and is much more secure.

Victor William

FastBankGurantee.com

SWIFT BIC: MTCMUS61

World Headquarters
WORLD TRADE CENTER

One World Trade Center, 8th Floor
Long Beach, CA 90831

Call me (Victor): 1-(972)704-1696

BlockedFunds.com is the premiere agency for equity and debt-secured cash accounts, on a fixed-return basis, for Proof of Funds uses. We provide organizations and individuals the capability to complete long-term financing or meet other on-going project needs.

Toll Free: (888) 870-9668
Fax: (888) 609-8646
Email: contact@fastbankguarantee.com

Skype: victor.atoztasks

Web: www.fastbankguarantee.com


A MT-760 can be obtained from your bank. Some banks are not willing to issue MT-760’s however, so if an MT-760 is absolutely essential, you may have to be prepared to move your funds to another banking institution. It is wise to inquire at your bank before committing to any sale that requires a MT-760 as part of its terms and conditions.

Blockedfunds.com is in the leased funds business; we have been doing this for over 5 years and deal with the top banks, HSBC, Dutch Bank, Barclay’s, Bank of America, mostly any bank in the world in every continent.  We understand each transaction and work to create a win-win result for our clients.  We manage over $5B in funds, and can fulfill most funding requests, in 2-14 days.  We can issue MT202, MT799, MT760, bank guarantees, sblcs, and cash accounts for trade or credit enhancement purposes.

Victor William

CALL ME DIRECT 1-(972)704-1696
http://www.blockedfunds.com
SWIFT BIC: MTCMUS61
Toll Free: +1(888)625-7518
Toll Free Fax: +1(888)625-7518
Local Phone +1(214)296-9552
International +1(214)716-5018
International FAX +1(214)613-1640
Email: info@blockedfunds.com
Skype: victor.atoztask
Web: www.blockedfunds.com


A MT-760 can be obtained from your bank. Some banks are not willing to issue MT-760’s however, so if an MT-760 is absolutely essential, you may have to be prepared to move your funds to another banking institution. It is wise to inquire at your bank before committing to any sale that requires a MT-760 as part of its terms and conditions.
Blockedfunds.com is in the leased funds business, we have been doing this for over 5 years and deal with the top banks, HSBC, Dutch Bank, Barclay’s, Bank of America, mostly any bank in the world in every continent.  We understand each transaction and work to create a win-win result for our clients.  We manage over $5B in funds, and can fulfill most funding requests, in 2-14 days.  We can issue MT202, MT799, MT760, bank gaurantees, sblcs, cash accounts for trade or credit enhancement purposes.

Fast Bank Guarantee

World Headquarters

WORLD TRADE CENTER

One World Trade Center, 8th Floor

Long Beach, CA 90831

Toll Free: (888) 870-9668

Fax: (888) 609-8646

Email: info@FastBankGuarantee.com

Website: www.fastbankguarantee.com

Skype: victor.atoztask                                        

Help line: 972-704-1696