Creative financing and years of professional financial engineering have produced special financial instruments that can assist individuals, businesses, organizations and even governments to overcome conventional banking challenges and fund their projects, trade, businesses, or other strategic objectives. At CHL, we work with these individuals and businesses to realize their objective by assisting them to design, structure and procure various instruments suitable for designated objectives. These instruments can come in form of ‘commitments’ such as;
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Collateral or credit enhancement commitment
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Loan or funding commitment
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Proof of fund, bank guarantees, letters of credit, etc.
In general, these instruments allow potential holders or beneficiaries to have:
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Collateral or credit enhancement; shore up financial statement and profile
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Loan or funding commitment; demonstrate project, business, venture or program has sufficient merit or cash flow returns to warrant funding and investments.
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Proof of funds, bank guarantees, letters of credit; to facilitate, secure or execute projects, trade and business transactions.
IN ORDER TO REQUEST FOR ANY OF THESE INSTRUMENTS, CLIENTS OR POTENTIAL CLIENTS SHOULD;
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Submit via E-mail two (2) or three (3) page executive summary of project, business venture or transaction which the instrument is intended for and;
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Download the “APPLICATION FOR COMMITMENT FORM”, complete, sign, witness and return the form via
E-mail.
Download form here
BANK INSTRUMENT-B
In addition to “commitments”, CHL is also a credible private procurers or providers of seasoned or freshly cut bank instruments for both institutional and individual clients. In general, bank instruments are denominated debt instrument (papers) issued by large banks and institutions to named parties for specified terms. These instruments may be used as funding collateral or to enhance credit, “trade” or to enter into private placement programs. The instruments can be bought out right or leased. Examples of bank instruments are:
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Bank Guarantee (BG)
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Certificate of time deposits (CD)
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Stand by letter of credit (SBLC)
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Medium term notes (MTN’s)
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Treasury Bills (T – B)
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Documentary letter of credit (DLC, SLC, LC)
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Promissory Notes (PN)
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Bank Drafts (BD)
Delivery and authentications are critical and usually involved SWIFT MT 799, SWIFT MT 760, SWIFT MT110, etc., with Cussip, ISIN numbers. Top money center Banks and institution issuing bank instruments include but are not limited to HSBC, Deutsche Bank, Standard Chartered, Barclays, Credit Swiss, Union Bank of Switzerland (UBS), other international/multinational Banks in Europe, United States and Asia.
MONETIZATION OF BANK INSTRUMENT
We also assist clients who out of their own efforts have bought or procured bank instrument and want to monetize them. Monetization of Bank instruments usually means converting the instrument into liquid cash. Some clients will simply apply the cash to a variety of projects while others may like to trade with it. To achieve this, CHL works with providers who will establish a cash account or place the instrument in clients name in appropriate bank for monetizing and trading on behalf of the client and CHL as a joint venture. To institute this process, Client puts small fee in escrow to cover account set up, swift and compliance documents charges. The fee in escrow varies depending on the instrument or size of cash account, but can range from $300,000 up to $3million. Escrow will go hard once client verifies the cash account or the instrument. Minimum bank instrument sizes range from $5million to as high as $1billion.
DISCOUNTING OF BANK INSTRUMENTS
Bank instruments can also be discounted. Discounting is a process of selling short or below value to achieve real time objectives. CHL assist clients to procure off takers within the prospecting network.
HOW TO REQUEST BANK INSTRUMENTS
Contact us with your request via email and CHL will provide you with our forms and procedures.
Click here to make your request!
Download form here
