Receive Your Owned Bank Guarantee (BG) Today!

SERVICE AND INSTRUMENT DESCRIPTION:

The Reliance Capital Finance Limited provides a wide range of financial instruments for those looking to fund their financial ventures. We offer various solutions, including non-recourse collateral, recourse collateral, and credit enhancement. Our services cater to numerous investors from European and North American banking institutions.

Purchase of Bank Guarantee (BG)

Our Bank Guarantee (BG) purchases are issued by top 100 global banks, and we utilize the Bank SWIFT Network, Bloomberg, Euroclear, or DTC for the delivery of these banking instruments. This is accomplished through the use of SWIFT MT799 and SWIFT MT760, or via Screen Block and Pay through Bloomberg, Euroclear, or DTC.

We Protect Our Client Deposits Fully Through 3 Levels of Protection

You never have to worry about your security with our three levels of protection:

1. A Two Percent (2%) Non-Performance Penalty  

   – A Two Percent (2%) damage fee will be applied to any Party that fails to perform. This 2% fee will be applicable in either of the following situations: (1) when the Provider has issued a Corporate Invoice, and the Beneficiary’s Bank does not respond or make payment, or (2) when the Beneficiary’s Bank is prepared, willing, and able to receive the BANK INSTRUMENTS, but the Provider’s Bank fails to deliver the BANK INSTRUMENTS via SWIFT MT-760, DTC, Euroclear, or Bloomberg.

2. A Program to Refund Deposits (all our agreements are Bank Endorsed confirmable) with full bank responsibility as an insurance wrap)  

   – Under our agreement with the banks, the bank assumes responsibility for payment once the transaction is complete. 

   – When a bank endorses an agreement, it assumes responsibility before the client is required to pay any fees to our company. We are the only Bank Instrument Facilitators in the world that guarantee 100% of your initial deposit through bank endorsement, ensuring that no payment is made by the client until this endorsement is in place.

3. Attorneys Client Trust Account  

   – Once your agreement has been approved by the compliance department and bank endorsed, payment must be made ONLY AND EXCLUSIVELY to an attorney’s office client trust account. The necessary banking coordinates will be provided directly by a Reliance Capital Finance Limited compliance officer (CCC) and will be included in your invoice.

This Refund Deposit Program protects our clients and makes sure that the deposits are completely safe.

17 Advantages of Purchasing an Owned Bank Guarantee from Us!

1. Our program operates with Top 100 World Banks to secure your Owned Bank Guarantee.

2. We offer monetization for our own bank instrument in case clients need this service.

3. BG is available in EUR and USD.

4. Price: Only fifty percent 50% (48+2%) for rated banks, and thirty-five percent 35% (33+2%) for non-rated banks.

5. The owned bank instruments can be called back for their total face value at the end of the year since it is yours to cash out.

6. Minimum Face Value for Selling a purchase own Bank Guarantee (BG) is 50 Million.

7. After receiving the MT760, you have 5 days to complete your payment.

8. Pre-advice for the MT799 is included along with the BG.

9. No Corporate or Personal Credit Checks

10. No Documentation for your Project Required

11. Agreement Signed and returned within 72 hours of completion.

12. MT760 offers SWIFT delivery to your Bank.

13. We offer Bloomberg, Euroclear, or DTC delivery to your Bank.

14. Brokers receive up to 1.5% Commission.

15. BG is specific to each client’s needs.

16. Non-performance penalty of 2 percent included in all contracts.

17. Deposit is 100 % protected, and the Provider Bank endorses client payout.

Deposit Requirements for Owned Bank Guarantee (BG) via SWIFT:

Bank Instrument Face Value (50 Million Minimum)	Minimum Deposit Required – Euros
€50,000,000.00 (Fifty Million Euros) to €500,000,000.00 (Five Hundred Million Euros)	2% of the Bank Instrument Face Value

Deposit Requirements for Owned BG via EUROCLEAR & BLOOMBERG:

Bank Instrument Face Value (50 Million Minimum)	Minimum Deposit Required – Euros
€50,000,000.00 (Fifty Million Euros) minimum	€175,000.00 (One Hundred and Seventy-Five Thousand euros)
€60,000,000.00 (Sixty Million Euros)	€200,000.00 (Two Hundred Thousand euros)
€70,000,000.00 (Seventy Million Euros)	€225,000.00 (Two Hundred and Twenty-Five Thousand euros)
€80,000,000.00 (Eighty Million Euros)	€250,000.00 (Two Hundred and Fifty Thousand euros)
€90,000,000.00 (Ninety Million Euros)	€275,000.00 (Two Hundred and Seventy-Five Thousand euros)
€100,000,000.00 (One Hundred Million Euros)	€300,000.00 (Three Hundred Thousand euros)
€150,000,000.00 (One Hundred and Fifty Million Euros)	€325,000.00 (Three Hundred and Twenty-Five Thousand euros)
€200,000,000.00 (Two Hundred Million Euros)	€350,000.00 (Three Hundred and Fifty Thousand euros)
€250,000,000.00 (Two Hundred and Fifty Million Euros)	€375,000.00 (Three Hundred and Seventy-Five Thousand euros)
€300,000,000.00 (Three Hundred Million Euros)	€400,000.00 (Four Hundred Thousand Thousand euros)
€350,000,000.00 (Three Hundred and Fifty Million Euros)	€425,000.00 (Four Hundred and Twenty-Five Thousand euros)
€400,000,000.00 (Four Hundred Million Euros)	€450,000.00 (Four Hundred and Fifty Thousand euros)
€450,000,000.00 (Four Hundred and Fifty Million Euros)	€475,000.00 (Four Hundred and Seventy-Five Thousand euros)
€500,000,000.00 (Five Hundred Million Euros)	€500,000.00 (Five Hundred Thousand euros)

Dual Financial Requirements:

You must meet two financial criteria when Purchasing an Owned Bank Guarantee (BG).

1. The client must pay the deposit so that the BG will be delivered.

2. The client must also provide a POF for the total purchase cost of the Bank Guarantee (BG), which is 50% of the face value.

These Are Our Non-Negotiables

SWIFT MT-799/MT-760 Closing Process

1. The Beneficiary and Provider sign the contract, thereby initiating the Memorandum of Understanding and the Letter of Intent, which formally establishes a contractual agreement between the parties.into a contractual agreement.

2. During an upcoming day of business, the providing bank will endorse the agreement, granting the beneficiary payment for:

   * Swift delivery of the MT799 and MT760

   * MT760 Cost of Portfolio Reservation

   * Verifying the Beneficiary

   * Compliance Assessment Coordinated by the Bank

3. Within two (2) international banking days, the beneficiary instructs their bank to send the swift transmission/portfolio reservation cost of COX, XXX via wire transfer to the provider’s banking coordinates, and emails a copy of the wire transfer receipt to the provider.

4. Within three (3) banking days after the provider’s bank has received the above-mentioned swift transmission/portfolio reservation cost, the provider will instruct their issuing bank to create the bank instruments for the beneficiary and schedule their delivery to the beneficiary’s bank. (The Bank Payment Undertaking (BPU) securing the cost must be confirmed before the MT799 is issued).

5. Within three (3) banking days, the beneficiary will provide a confirmable Bank Comfort Letter (BCL) along with a Bank Payment Undertaking (BPU) on behalf of the beneficiary and in favor of the Transaction Code No. ______. The beneficiary shall email a copy of the BCL to the provider.

6. Within ten (10) banking days, the provider will confirm the Bank Comfort Letter (BCL) and send an MT-799 Pre-Advice to the receiver’s bank, inquiring, “Are you ready to receive the SWIFT MT760 with the bank instrument, verify, and pay via SWIFT MT103 within five (5) calendar days as per Transaction Code No. ______?” The provider will also send a copy of the MT799 to the beneficiary by email.

7. Within three days, the provider’s institution will send the BG through the SWIFT MT760.

8. Once the receiving bank has received the BG, they will confirm receipt with the provider’s bank and proceed to make payment within 5 days. The payment will cover 50% of the total amount (minus the initial deposit paid to the provider), along with a 2% consultant fee.

9. If the beneficiary fails to make the required payments, the provider will file a claim on the BG, prompting the receiving institution to return the BG via SWIFT MT760. Any payments already made will not be refunded.

Euroclear & Bloomberg Closing Process:

1. The Provider and Beneficiary execute, sign, and initiate this Letter of Intent / Memorandum of Understanding, which immediately becomes a binding commercial recourse contract agreement.

2. One Banking day the Provider Bank Endorsed this agreement guarantee the Beneficiaries payment for the:

   – Swift Transmission (MT799 and MT760)

   – Portfolio Reservation Cost (MT760)

   – Beneficiary Verification

   – Bank Delivery Coordinates Compliance Assessment

3. Within two (2) international banking days, the Beneficiary instructs their bank to wire transfer the swift transmission/portfolio reservation cost of $XXX,XXX (_____) to the Provider’s specified receiving bank coordinates and emails a copy of the wire transfer receipt to the Provider.

4. Within three (3) banking days after the Provider’s bank has received the above-mentioned swift transmission/portfolio reservation cost, the Provider will instruct their issuing bank to prepare the Bank Instruments for the Beneficiary and arrange for their delivery via Euroclear/Bloomberg Screen to the Beneficiary’s bank.

5. Within three (3) banking days, the Beneficiary will provide a confirmable Bank Comfort Letter (BCL) along with a Bank Payment Undertaking (BPU) on behalf of the Beneficiary and in favor of Transaction Code No. _____. The Beneficiary will also email a copy of the BCL to the Provider.

6. Within ten (10) banking days, the Provider will confirm the Bank Comfort Letter (BCL). Upon confirmation, the Provider’s institution must email a certified receipt of the Bank Instrument delivery via Euroclear/Bloomberg. The Provider will also send a copy of the Euroclear/Bloomberg Screen to the Beneficiary by email.

7. Once the receipt is acknowledged, the Beneficiary must immediately pay 50% of the Face Value purchasing fees (minus the initial deposit paid to the provider). This payment will be made via screen block and pay.

Required Documents:

1. Fill out Bank Guarantee Application Below

2. When you’ve finished the Purchase Owned Bank Guarantee Application and email it to info@reliancecapitalfinancelimited.com

Compliance Standard:

– Accepted Standard: Clients must abide by our standards and accurately fill out the application online.

– Rejected Standard:  

  – Any provider that is listed on the Forbidden Assets and Financial Instrument List.  

  – Any situation where a client cannot or will not pay the deposit.

Important Information:

1. Please note that the days are banking days, and weekends or holidays are counted.  

  – Banking Days & Holidays Calculator  

2. Our BG delivery services are strictly non-negotiable. The price and procedures for this service will remain unchanged. 

3. We do not issue RWA or BCL letters. Clients often use these letters to shop for a credit line with the receiving institution by showing a banking letter confirming a bank instrument is ready to be issued in their name. We do not permit this practice under our company’s name.  

4. There is no way to obtain a FREE Bank Guarantee (BG), nor will we allow a client to pay for a Bank Guarantee (BG) after the MT760 has arrived. If the payment is not made in full or secured through a Bank Payment Undertaking, no Bank Guarantee (BG) will be delivered. Banks will not release any Bank Guarantee (BG) until the funds are fully secured. Banks do not operate on the basis of delivering a BG in the hope that the client will pay later.  

5. Reliance Capital Finance Limited does not accept any payments from clients outside of an attorney’s client trust account. Therefore, we are NOT responsible for any payments made to third parties, including brokers or delegation offices associated with Reliance Capital Finance Limited. 

6. If the client is leasing through Euroclear and simultaneously requesting a loan via monetization with the Attorney’s Trustees office of Reliance Capital Finance Limited, please take note of the following information:

  – The initial application, once submitted, takes 72 hours for compliance approval.  

  – You will be given an application for the bank instrument, and the recourse or non-recourse loan once submitted 72 hours for due diligence.  

  – After due diligence and application approval client receives a bank-endorsed countersigned agreement, and the client has 3 days to submit payment.  

  – It takes 35 days to process the leasing of the bank instrument after receiving payment.  

  – It takes 30 days for the monetization process of the bank instrument.  

  – A total of 65 working days after payment is received.