Alternative Consulting Group

Company Description

Bank Asset Monetization Program- SBLC Monetization In order to monetize a SBLC (SBLC Monetization) you must be in possession of the instrument. Alternative Consulting Group have developed relationships with ICBC and Standard Chartered Bank to Monetize Bank Instruments for clients worldwide by arranging the monetization against owned bank instruments such as (Standby Letter of Credit). This form of financing can be used in combination with Alternative Consulting Group cash backed stand by letter of credit (SBLC) in order to monetize the newly created document to obtain the right funds for Project Financing or Private Placement Program Monetizing bank instruments is the process of liquidating such instruments by converting them into legal tender. Monetizing a SBLC or stand by letter of credit is becoming rather common and can be done in as little as 5- 10 days. Many people refer to this as SBLC funding or SBLC financing since you are essentially obtaining cash on the basis of the SBLC or bank guarantee. This process allows you to: Monetize instruments for Project Financing Monetize instruments for Private Placement SBLC Monetizing Program Highlights SBLC or stand by letter of credit MUST have a minimum Face Value of $250 Million to $500 Million USD/EURO The letter must be from Top-25 World Bank Instruments ONLY Must contain the following 5 phrases: �Irrevocable�, �divisible�, �transferable�, �assignable� and �unrestricted�. 1- year term and 1 day Financial Instrument must be owned- NOT LEASED NO FRONT FEES, NO APPLICATION FEES, NO PROCESSING FEES. 5-10 day closing 80-50% of face value advance The client must be in control of the instrument and be able to deliver the instrument to the financial institution via Swift MT 760. Required Documents? Client information sheet Tax ID Number Corporate Resolution Signatory Passport Copy Bank Statements ( not older than 5 days) Swift Delivery: Client bank sends pre advice via swift MT799 acknowledging capacity to swift bank financial instrument. ICBC or SCB bank verifies and issue bank capability letter via swift MT799 to fulfill as per contract agreement. Client confirms and proceeds swift language via MT760 as agreed in readiness for monetization. ICBC or SCB authenticates bank financial instrument and release monetization funds. Conditions: The Bank instrument must be in client complete possession. The Bank instrument must be cash backed. The Bank instrument must have swift capacity. The Bank instrument must be swift for one year and one day on the verbiage which is in readiness to proceeds. Policy on Fraudulent Information Important Note: If you provide any information that is false, inaccurate, or misleading to Our Company or Our Company has reasonable grounds to suspect that such information is false, inaccurate, or misleading will be subject to prosecution and reported to Interpol Financial Crime Unit, Europol, United States Secret Service, Hong Kong Monetary Authority, European Anti-Fraud Office (OLAF), and Central Bank Counterfeit Deterrence Group (CBCDG). Thank you, Elvis Miolan Alternative Consulting Group Compliance Department Email: *****