Purchase Instrument

Advantages of Purchasing BG/SBLC from Evergreen Trading:

Our Bank Guarantees (BG) or Standby Letters of Credit (SBLC) originate from renowned World Banks like HSBC PLC UK and Barclays PLC London, ensuring top-tier quality.

Purchased Bank Guarantees (BG) or Standby Letters of Credit (SBLC) are offered in Euro or USD Currency, featuring 3 layers of safeguarding.

Purchase Rates range from 38+2 to 48+2, depending on the contract size and instrument purpose.

We provide diverse purchase options, including a small initial security deposit fully protected under Bank Escrow until MT799/MT760 authentication and verification, with full refund upon successful verification and payment.

Clients with sufficient KYC/CIS and Proof of Funds (POF) can benefit from $0 upfront transmission fee options.

Personalized consultations with our BG/SBLC specialists and legal representatives are available through face-to-face meetings or secure video conferences.

We meticulously prepare all KYC/compliance documents for approval, ensuring a seamless process.

No personal or corporate credit checks or project evaluations are required.

A Letter of Intent (LOI) or Term Sheet is delivered within 48 hours of application submission.

The process includes MT799 Pre-advice followed by BG/SBLC bank verification and SWIFT delivery of MT760 directly to the nominated receiving Bank.

Brokers or consultants enjoy 100% fee protection through NCNDA/IMFPA Paymaster Agreement, with up to 2% commission paid on successful applications.

Clients have 5-to-10 banking days to settle the agreed purchasing bank fees.

For Brokers & Consultants:

Fees are 100% protected with NCNDA/IMFPA Paymaster Agreement.

2% broker commission or 1% fee (open) is applicable on all successful applications.

Contact us for an in-depth discussion tailored to your specific requirements.

Estimated Completion Time:

SWIFT MT760 is typically delivered 2 to 5 days after the Issuing and Receiving Banks exchange SWIFT MT799s. The total timeframe depends on the chosen purchasing option.

BG/SBLC LEASE AND PURCHASE PROCEDURES

In response to the growing prevalence of Fake SBLC Providers requesting upfront security deposits to be placed into IOLTA or Escrow/Trust accounts, we at Evergreen Trading DO NOT impose any upfront transmission fees or security deposit requirements. We strongly advise our clients against engaging with any company or individual that demands upfront payments.

For a successful transaction, please adhere to the following procedures, as the issuer does not entertain any alternative third-party processes:

1. Client submits complete CIS/KYC for due diligence and compliance.
2. Following successful due diligence and compliance, the provider issues the Deed of Agreement (DOA).
3. Upon mutual counter signing of the DOA (with the client signing first), both parties submit the CONTRACT to their respective banks.
4. After lodging the contract with their respective banks, the client’s bank sends a secure bank email to the issuing bank for Acknowledging the Contract, Readiness, and Approval of MT-760 Verbiage.
5. The issuing bank dispatches the Pre-Advice via SWIFT MT-199 or SWIFT MT-799 to the client’s designated bank.
6. The designated receiving bank responds with the “BANK PAYMENT UNDERTAKING” via SWIFT MT199 or SWIFT MT799 to the issuing bank.
7. The issuing bank issues the “STANDBY LETTER OF CREDIT/BANK GUARANTEE” VIA SWIFT MT-760 to the client’s designated bank.
8. Following validation and authentication of the delivered “STANDBY LETTER OF CREDIT/BANK GUARANTEE” MT760, the client settles payment per the contract invoice to the issuer’s designated account within FIVE (5) banking days.