SBLC Leasing Conditions and Procedure

I’m Claudio Storcè a broker of a lending company of investment grade bank bonds/MTN that are
collateralized to issue cashbacked SBLC, BG or MTN from A-rated banks.

The instrument will be issued from one of the following portfolio banks:
HSBC PLC, UBS AG, BNP Paribas, Deutsche Bank AG or Barclays Bank PLC.
We require no upfront cost from the borrower.
We only require that the borrower block their funds until the instrument is delivered to their bank
via SWIFT MT760.
The funds are unblocked or mature only after delivery.
Bond Reservation: After contract signing a 20-day call option is placed on the selected bond/MTN
for the borrower’s order.
The fee to reserve the bond/MTN begins at EUR 30,000 o 42,500 (see table below)
The borrower may pay this as a courtesy to expedite their order or they can choose to send us a
RWA bank-to-bank via SWIFT MT999.
Payment Commitment:
We deliver to the borrower via encrypted secured link the pro forma voice to be paid against bond
documents (Euroclear, Refinitiv Eikon, etc.) verifying the bond reservation.
Before call option expiration the borrower issues their payment commitment: Conditional Payment
(SWIFT MT103), Conditional Documentary Letter of Credit (SWIFT MT700), bank-endorsed Pay
Order (30 day maturity), or bank-endorsed Promissory Note (35-day maturity). Delivery.
Renewal:
The bond/MTN is ordered then placed with the portfolio bank.
Within 21 days, the cashbacked instrument (SBLC, BG, or MTN) is delivered via SWIFT MT760 to the
borrower’s receiving bank. Borrower payment is due or matures upon delivery and verification by
the receiving bank.
The instrument maybe renewed or returned 15 days before maturity.
BENEFITS:
• Cost Due After Bank-to-Bank Delivery
• Commodity & Trade Leverage
• Secure Loans with No Guarantee
• Low Acquisition Cost (Renewable)
• Monetizable with High Liquidity
• Standard Market Value (up to 90%)
• Divisible, Transferable, and Assignable
General Procedure
1. After Application acceptance via LENDER’s Authorized Representative, a LENDER Account

Manager sends to Borrower via official (@.....com) electronic mail its Deed of Agreement to be
electronically signed and returned to LENDER;
2. LENDER digitally countersigns and returns the DOA to the Borrower, which thereby automatically
becomes a full commercial recourse contract (Agreement);
3. Within five (5) days, Borrower instructs its bank to send its Ready, Willing and Able (RWA) letter
via SWIFT MT999 (hereby attached) to LENDER’s administrative bank confirming its readiness to
issue its (annual service fee) Payment Commitment, within thirty (30) days for the borrowing of the
bank instrument (MTN/SBLC/BG);
4. LENDER places a twenty (20) day call option on an investment grade bank instrument (bond), for
the face value amount of the MTN/SBLC/BG, to be ordered at the face value of the Borrower;
5. Within three (3) banking days, LENDER sends all details of the bank bond (Euroclear & Bloomberg
printouts) for Borrower’s bank verification, in addition to the Pro forma Invoice for Borrower to
complete Payment Commitment for the delivery of the requested MTN/SBLC/BG;
6. Within three (3) banking days, Borrower executes and returns the Pro forma Invoice for the
ordering and delivery of the MTN/SBLC/BG;
7. Within three (3) banking days, Borrower instructs its bank to send its Payment Commitment to
the bank account of LENDER assignor before expiry of the call option (20 days);
8. After receipt of the Payment Commitment (hard copy if required) and successful due diligence,
within twenty-one (21) days the bank bond is purchased then collateralized for cash-backed delivery
of the MTN/SBLC/BG via SWIFT MT760 to the Borrower's Receiver bank account, transferring all
rights for use (the Payment Commitment is cancellable if the bank instrument is not delivered to
Borrower’s Receiver bank account via SWIFT MT760 prior to 21 days);
9. After delivery of the MTN/SBLC/BG by SWIFT MT760, the Borrower’s Payment Commitment
becomes due or matures under its terms.
10. Fifteen (15) days before the maturity date of the MTN/SBLC/BG, Borrower’s bank returns back
the MTN/SBLC/BG by SWIFT MT760 to the issuing bank unencumbered and free of liens.
NOTE:
Failure of the Borrower to issue its Payment Commitment prior to the call option (20 day) expiration
date will result in penalty charged to the Borrower.
Top-Rated Bank Instrument Annual Service Fee
MEDIUM-TERM NOTE | STANDBY LETTER OF CREDIT | BANK GUARANTEE\
1) 10,000,000 - 49,000,000 13 + 2 =15 %
2) 50,000,000 - 99,000,000 12+ 2 =14 %
3) 100,000,000 - 149,000,000 11+ 2= 13 %
4) 150,000,000 - 199,000,000 10 + 2= 12 %
5) 200,000,000 - 249,000,000 9 + 2= 11 %
6) 250,000,000 - 1,000,000,000+ 8 + 2 =10 %
Note:
(1) The annual cost of the bank instrument (MTN / SBLC / BG)
(2) The Fee paid to the Authorized Representative (associates, brokers, etc)
(3) The Annual Service Fee (ASF) for the bank instrument: total cost for 1 year
TO START THE TRANSACTION THE INSTRUMENT MUST BE RESERVED AT ITS STOCK EXCHANGE BY A
CALL OPTION. CALL OPTION SETTLEMENT COST IS CALCULATED FROM INSTRUMENT FACE VALUE
AMOUNT AS BELOW:
INSTRUMENT FACE VALUE (FV)TLEMENT FEE
1) FACE VALUE TO 500M EUR/USD 30,000
2) FACE VALUE FROM 501M TO 999M EUR/USD 38,000
3) INSTRUMENTS HAVING FV HIGHER THAN 1B EUR/USD 42,500
ABOVE MENTIONED AMOUNT WILL BE PAID BY:

1) ON BEHALF OF BORROWER WITH RWA LETTER FROM BORROWER'S BANK VIA MT999/199 (DRAFT
ATTACHED)
2) OR DEDUCTED FROM TOTAL AMOUNT OF BANK INSTRUMENT ANNUAL SERVICE FEE AT THE
TIME OF PAYMENT COMMITMENT
3) OR REFUNDED AFTER SUCCESSFUL DELIVERY AND PAYMENT OF THE INSTRUMENT
APPENDIX A:
VERBIAGE OF SWIFT FIN MT999 OR MT199 READY, WILLING, AND ABLE (RWA)
DATE :
SWIFT OUTPUT : MT-999 CONFIRMATION MESSAGE
PRIORITY : TOP URGENT
SENDER BANK NAME :
BANK ADDRESS :
BANK OFFICER :
SWIFT CODE :
ACCOUNT NUMBER :
ACCOUNT HOLDER :
RECEIVER BANK NAME :
BANK ADDRESS :
BANK OFFICER :
SWIFT CODE :
ACCOUNT NUMBER :
ACCOUNT HOLDER :
WE, [ISSUING BANK] OF [ISSUING BANK ADDRESS] WITH FULL BANKING RESPONSIBILITY AND LIABILITY
HEREBY CONFIRM THAT WE HOLD ON THE ABOVE MENTIONED ACCOUNT ON BEHALF OF OUR CLIENT CASH
RESERVES OF XXXX MILLION (XXX,XXX,XXX). OUR CLIENT HAS CONVEYED HIS INSTRUCTION TO USE THESE
CASH FUNDS WITHIN THE NEXT THIRTY (30) DAYS TO ISSUE A CONDITIONAL PAYMENT MT-103 THAT WILL
BE RELEASED IMMEDIATELY WITHIN EIGHT (8) BANKING HOURS UPON RECEIPT, VERIFICATION AND
AUTHENTICATION OF THE BANK INSTRUMENT AS STATED IN THE AGREEMENT SIGNED BETWEEN KESTON
CAPITAL PARTNERS AND XXXXXXXXX ON XXXXXXX, 2023 UNDER TRANSACTION CODE KCP-SLA-XXXX. THE
SAID FUNDS ARE CLEAR, CLEAN AND OF NON-CRIMINAL ORIGIN AND FROM LEGAL SOURCE, FREE OF ANY
LIENS, PLEDGES OR ENCUMBRANCES OF ANY KIND. FOR AND ON BEHALF OF [BANK NAME] OF [BANK
ADDRESS] WE CONFIRM IS EMISSION AND CERTIFY THE TRANSPARENCY OF THIS OPERATION.
FOR AND ON BEHALF OF:
BANK OFFICER (1) NAME : TITLE : PIN :
BANK OFFICER (2) NAME. TITLE : PIN :
BORROWER’S INITIALS:

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I’m Claudio Storcè a broker of a lending company of investment grade bank bonds/MTN that are

collateralized to issue cashbacked SBLC, BG or MTN from A-rated banks.

1. After Application acceptance via LENDER’s Authorized Representative, a LENDER Account

2) FACE VALUE FROM 501M TO 999M EUR/USD 38,000

3) INSTRUMENTS HAVING FV HIGHER THAN 1B EUR/USD 42,500

ABOVE MENTIONED AMOUNT WILL BE PAID BY:

FOR AND ON BEHALF OF:

BANK OFFICER (1) NAME : TITLE : PIN :

BANK OFFICER (2) NAME. TITLE : PIN :

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