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*fresh Guaranteed Bank Instruments With Pre-advice, Available Now!* *_get Pre-a - Properties - Nairaland

Nairaland Forum / Nairaland / General / Properties / *fresh Guaranteed Bank Instruments With Pre-advice, Available Now!* *_get Pre-a (137 Views)

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*fresh Guaranteed Bank Instruments With Pre-advice, Available Now!* *_get Pre-a by peakproty: 11:01am On Nov 16, 2023
*FRESH GUARANTEED BANK INSTRUMENTS WITH PRE-ADVICE, AVAILABLE NOW!*

*_GET PRE-ADVICE WITH ONLY BANK ASSURANCR LETTER (BAL) OR CCC + ATV OF THE INITIAL 2% LTV_*

*_Bank Guarantee (BG) Bank Endorsed Check (BEC) & Block Funds (BF) from N200B to N500B (in tranches) are All Available Now._*

*Volume: N200B to N500B*
*Duration: LTV:*
*180 days = 15 + 5*
*366 days. = 20 +5*
*Banks: Major Banks*

*NOTE: We MUST vet end Receiver on Conf. Call to confirm readiness and acceptance of Provider procedures before sending the DOA.*


*TRANSACTION PROCEDURES*

1. Parties sign DOA

2. Receiver transmits initial 2% LTV in form of Bank Assurance Letter (BAL) I or Corporate Confirmable Cheque (CCC) bank to bank, AO to AO.

3. Provider confirms 2% BAL or CCC, and issues RWA Pre- advice to Receiver Bank AO

4. Receiver confirms Pre-advice and issues an IBPU for balance of LTV

5. Provider issues a soft copy of the Instrument and transmits to Receiver AO bank to bank.

6. Receiver confirms the Soft Copy of the Instrument and pays the initial LTV of 2% immediately

7. Receiver processes the IBPU and pays the balance of the LTV Within 5-7 banking days.


Notes:
i. CC WITH Receiver is mandatory
ii. Provider side 2.50% is closed
iii. Receiver side 2.50% is open
Olu

09055889692
08082063007

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