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Date Posted: 12:19:38 02/02/16 Tue
Author: Billy
Subject: Re: GENUINE BS/SBLC PROVIDER
In reply to: Rahman 's message, "GENUINE BS/SBLC PROVIDER" on 15:42:58 01/12/16 Tue

Dear Sir,
I am a direct Buyer who is looking for a REAL Seller for a potential immediate sales transaction. I will only work with the Seller or the Sellers Rep/Mandate. If you are direct to the Seller, please email me the sellers LOI. I am only interested and will only work with a seller who will issue a LOI with the seller’s name and/or company information included as well as the selling price and delivery method in detail. Please read our trading procedures below, we will not pay any upfront costs and transmission costs.
I am looking for BG or MTN’s, 5B Euro with 500M tranches till contract fully purchased. Procedure details below have been approved by my (Buyer) bank.
DVP can be implemented on several different technical systems such as SWIFT, DTC, Euroclear, Clearstream, etc. However, the end goal is the same, in that there has to be a simultaneous exchange of the Guarantee/Security from the Seller with the money from the Buyer, so that neither party has any risk.

The Buyer and the Seller must do their basic due diligence on each other, and by definition both sides need to know who they are dealing with (as a minimum). Hence why there has to be an exchange of CIS and passport copies between the parties. Buyer will only exchange CIS and Passport Copies with Direct Seller. We don’t want our personnel information being floated all over the internet by unscrupulous people.

The DVP procedures relating to SWIFT are very simple and work as follows:
1. Buyer and Seller exchange due diligence information and sign a contract for the Buy/Sell.
2. Each party lodges a copy of this information with their respective bank.
3. The Bank Officers from each side can then speak with one another to ‘validate’ their respective clients.
4. Sellers Bank sends a Pre-Advice by MT999/799 SWIFT Message to the Buyers Bank, confirming that the Seller has an Instrument to sell.
5. Buyers Bank responds by SWIFT Message, confirming that the Buyer has the funds to purchase the Instrument, and will settle the payment with xx hours of the Instrument being delivered.
6. Sellers Bank sends the Instrument by MT760 SWIFT Message
7. Buyers Bank make makes the payment by MT103 SWIFT Message within the agreed xx hours.
If these procedures can work for you please contact me.

Respectfully

Billy

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