© 2019 by Multistream International Pty. Ltd. 

Corporate One

Level 15, 2 Corporate Court, Bundall

Queensland 4218

TEL: (+61) 0459-208-798

PURCHASE

BANK INSTRUMENTS

(BG/SBLC) 

 
How to Purchase Banking Instruments such as Bank Guarantees (BG) and Standby Letter of Credit (SBLC)

Our Purchased Bank Guarantees (BG) or Standby Letter of Credit (SBLC) is issued by the World's Top 50 Banks. We use the International Bank SWIFT.com Network to have clients Purchase Bank Instruments delivered (Bank-to-Bank) using SWIFT MT799 followed by SWIFT MT760. We operate a reliable, efficient delivery and authentication process that includes Independent Verification on:

Swift.com - After all parties have signed the Purchase BG or SBLC Deed of Agreement (DOA), we then deliver the SWIFT MT799 followed by SWIFT MT760 to your bank coordinates. Our entire process is protected and monitored by our Independent Trustee
and Industry Veterans to guide you every step of the way. 

Client Deposits are 100% Protected with 3 Levels of Protection
​​

We value our relationships with our clients so much that ALL CLIENT DEPOSITS receive 3 Tiers of Protection which are:

  1. Corporate Refund Undertaking

  2. Two Percent (2%) Non Performance Penalty

  3. Deposit Refund Protection Program

The Deposit Refund Protection Program Guarantees clients Deposits are 100% Safe AND ensures clients Deposits are paid back in FULL to their bank account BEFORE we Deliver the Bank Guarantee (BG) to the clients nominated Bank coordinates. This is a unique Program that is only available to clients of Multistream International! We specially structured this program to provide clients with the safety, security and peace of mind they deserve when Purchasing an Owned Bank Guarantee (BG) from us. We strongly recommend ALL clients complete the Deposit Refund Protection Program prior to purchasing an Owned Bank Guarantee.

14 Massive Advantages when you Purchase Bank Instruments (BG/SBLC) from us!
  1. Program operated with Bank Guarantees & SBLC's from Top 100 World Banks

  2. Bank Instruments are available in both USD or Euro Currencies, pay in USD we Issue in USD, Pay in Euro, we issue in Euro

  3. Low Purchase Rate of 48+2 (50% Total)

  4. 10 Days to Complete Full Payment after Delivery of MT760 to your Bank.

  5. MT799 Pre advice Included with any Bank Instrument Delivery

  6. Corporate Refund Undertaking protects your Deposit

  7. No Personal or Corporate Credit Checks

  8. No Project Documentation Required

  9. LOI Signed within 24 Hours of being completed and returned to us

  10. Simple Delivery of MT760 direct to your Bank.

  11. Up to 1.5% Commission Paid to Brokers

  12. All Purchase Bank Instruments are Fresh Cut specifically for each Client

  13. 2% Non-Performance Penalty in All agreements

  14. Your Deposit is 100% Capital Protected and Repaid in Full to you BEFORE we Deliver the Bank Guarantee (BG) if you enroll in our Deposit Refund Protection Program.

Purchase Bank Guarantee (BG) Owned Deposit Requirements:
  • 10M  BG - $250,000

  • 20M  BG - $280,000

  • 30M  BG - $300,000

  • 50M  BG - $320,000

  • 70M  BG - $350,000

  • 100M BG - $400,000

  • 150M BG - $450,000

  • 200M BG - $500,000

  • 300M BG - $600,000

  • 400M BG - $650,000

  • 500M BG - $800,000

Prices in USD

All Instruments available in USD or Euro

Dual Financial Requirements:

When you Purchase a Bank Instrument clients must meet two financial requirements:

  1. Clients MUST be able to pay the above Deposit to have the BG/SBLC Delivered to their bank.

  2. Clients MUST be able provide a Bank Comfort Letter (BCL) proving they have the funds in their account currently to pay for the 48+2 cost of the BG when it is delivered.

These two important criteria are Non Negotiable!

Estimated Completion Time:
  • The SWIFT MT760 is normally Delivered 2 Days after the Issuing and Receiving Banks exchange MT799s.

Closing Process - SWIFT
  1. Within three (3) banking days after the Provider has received the clients Deposit, the Provider will instruct his issuing bank to create the Bank Guarantee (BG) or SBLC for the Beneficiary and schedule it delivery to the Beneficiaries Bank.

  2. Within ten (10) banking days Providers issuing bank then issues and sends a Pre-advice Notification via swift MT799 to Beneficiaries designated bank receiving account. (Provider shall provide a copy of said MT799 to the Beneficiary by email).

  3. When the Beneficiaries bank has replied to the MT799 by SWIFT, then the Providers issuing bank issues and sends the Bank Guarantee (BG) via swift MT760 to Beneficiaries designated bank receiving account. (Provider shall provide a copy of said MT760 to the Beneficiary by email).

  4. The Beneficiaries bank verifies, and pays for the Bank Instrument within Ten (10) banking days, and additionally pays out the consultancy fees/commissions.

  5. Providers bank, within three (3) banking days of receipt of full Invoice payment for the Bank Instrument, sends the hard copy original Bank Guarantee (BG) or Stand by Letter of Credit (SBLC) to the Beneficiary’s Bank by bank-bonded courier.

​​

Example:

The Bank Guarantee (BG) or Stand by Letter of Credit (SBLC) is issued with a Value of: $100,000,000,000.00 

The Purchase Bank Instrument (BG/SBLC) Cost to Client is (48%+2%) 50% LTV being: $50,000,000,000.00 

Within 10 Days After BG Delivery by MT760 the Clients Bank Pays 50% being $50,000,000,000 to the Issuing Bank

PLEASE CONTACT US BELOW TO RECEIVE COMPLETE INFORMATION PACK! 

Contact Us

Level 15, 2 Corporate Court,
Bundall, Queensland Australia

 info@multistream.com.au  |  Tel: 0459-208-798

  • Black Facebook Icon
  • Black Twitter Icon
  • Black Instagram Icon