Purchase Bank Instruments

How to Purchase Banking Instruments such as Bank Guarantees (BG) and Standby Letter of Credit (SBLC).

You can purchase Bank Guarantees (BG) or Standby Letter of Credit (SBLC) is issued by World Top Rated Banks. We use the International Bank SWIFT.com Network to have clients Purchase Bank Instruments 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 Purchase BG or SBLC Deed of Agreement (DOA), we then deliver the SWIFT MT799 followed by SWIFT MT760 to your bank coordinates. Our entire process is protected and monitored by our Independent Trustee and Industry Veterans to guide you every step of the way.
Play Video

Advantages of purchasing a BG/SBLC from Multistream International:

Brokers & Consultants:

Estimated Completion Time:

The SWIFT MT760 is normally Delivered 2 to 5 Days after the Issuing and Receiving Bank exchange SWIFT MT799’s or ultimately, the total timeframe  all depends on which purchasing option you choose to follow?

BG/SBLC LEASE AND PURCHASE PROCEDURES

Due to an alarming increase of Fake SBLC Providers demanding upfront security deposits to be placed into IOLTA or Escrow/Trust accounts; here at Multistream International, we DO NOT require any upfront transmission fees or security deposit and we highly recommend to our client’s not to engage with any company or individual that requires any upfront payments.

In order for a successful transaction, please follow and adhere to the following procedures; as the issuer does not entertain any other third-party procedures:

FAQ’s

We Are Here To Help You With Any

Bank Guarantee is a financial instrument promising to pay the beneficiary the amount mentioned therein upon maturity of the instrument. It is taken as collateral security or margin money for the finance assistance granted. SBLC/BG is a widely used and traded instrument in the international market. Thus easy for arranging line
of credit or arranging funding for Finance assistance. Moreover the arranger (borrower) earns interest on the fund deposited with the Bank for the purpose of arranging SBLC/BG.

If we have to deposit equivalent amount in the bank for getting a BG, then why not directly put that fund in the project itself? BG/SBLC’s can be arranged either fund based or non-fund based. In fund based instruments, you may have to deposit the equivalent amount of money into the bank, with issuing SBLC/BG. In this case you are entitled to earn interest on the money blocked as deposit. In non-fund based instruments you may have to pledge your movable/ non-movable assets like shares, bonds, securities, properties etc. to get the BG. In any case the BG should be Clean and Clear SBLC/BG. You have to provide minimum margin money in the form of BG as collateral security for availing Finance and we at least anticipate your equity participation as a promoter.

Clean BG means non-conditional and without any reference to a performance or non-performance of any act or tour de force.
Banking Instruments such as SBLC’s and BG’s should be assignable and transferable means that this instrument should be worth negotiable for creating a line of credit.

Non-operative BG or SBLC is just a pre-advice of the banking instrument to be issued as an operative letter of credit. It is a replica (copy) of what is going to be issued. Non-Operative SBLC/BG is issued for the purpose of verification and clarification. Operative BG/SBLC’s is the original and negotiable instrument.

Yes, the BG/SBLC should always be in your favor or to the person or company that will arrange credit line for you.

We arrange the issuing of BG/SBLC’s from only Top 50 Western Banks who also arrange the finance and credit line facilities. This also guarantees a successful transaction.

BG/SBLC’s shall not contain any references regarding Contract or obligatory payments or the instrument will not be a clean. If such references are mentioned therein. For the purpose of financing we require only clean instruments to monetise and/or trade.

Contact Us