New Services, Greater Income
More DetailsInfo@reliancecapitalfinancelimited.com
R e l i a n c e C a p i t a l
F i n a n c e L i m i t e d
Info@reliancecapitalfinancelimited.com
New Services, Greater Income
More DetailsDear Customer, We have launched Video KYC facility for New customer to open savings ac
INSTRUMENT & SERVICE DESCRIPTION:
Reliance Capital Finance Limited offers a wide range of financial instruments to individuals and businesses looking to fund their financial ventures. These instruments can be utilized in various ways, including as collateral for non-recourse loans, recourse loans, or for credit enhancement. We collaborate with a diverse group of investors from reputable banking institutions across Europe and North America.
We provide an additional financing solution through the Owned Telegraphic Key Note Wire Transfer (KTT-TELEX) MT103 One-Way. Additionally, we utilize the Telex Network for secure bank-to-bank delivery.
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 charged in either of the following situations: (1) when the Provider has sent a Corporate Invoice, but the Beneficiary’s Bank fails to respond or make payment, or (2) when the Beneficiary’s Bank is prepared and able to receive the BANK INSTRUMENTS, yet no BANK INSTRUMENTS are delivered from the Provider’s Bank 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 banks, the bank assumes responsibility for payment once the transaction is completed.
– When a bank endorses an agreement, it assumes responsibility before the client pays 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, prior to the client releasing any payment.
3. Attorneys Client Trust Account
– Once your agreement is approved by the compliance department and bank-endorsed, the payment must be made ONLY AND EXCLUSIVELY to an attorney’s office client trust account. The banking details will be provided directly by a Reliance Capital Finance Limited compliance officer (CCC) and will be included in your invoice.
1. Our Program Issues Telegraphic Key Note Wire Transfer MT103 One-Way from an Offshore Bank.
2. Telegraphic Key Note Wire Transfer MT103 One-Way can be placed in Euros or USD, and the pay is the currency of the issuance.
3. The owned KTT MT-103 one-way can be called back for their total face value at the end of the year since it is yours to cash out.
4. You have 5 days to complete full payment after delivery.
5. Low Purchase Owned Rate of 18+2 (20% Total).
6. Bank Instrument Face value From 10 million minimum up to 500+ million.
7. Pre-advice of KTT MT799 Included with KTT Delivery.
8. All your deposits are protected.
9. No Corporate or Personal Credit Checks.
10. No Documentation is Necessary for your Project.
11. We promise that after an agreement is completed, it will be signed within 72 hours.
12. Easy Deliver of KTT MT103 to your bank directly.
13. Brokers can earn a commission of up to 1.5%.
14. Key Note Wire Transfer MT103 is specifically designed for each client.
15. Nonperformance clause of 2% in all contracts.
Instrument Face Value | Deposit Required – Euros | Bank Instrument | Terms |
10 Million to 20 Million | €50,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
20 Million to 40 Million | €75,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
40 Million to 60 Million | €100,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
60 Million to 100 Million | €150,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
100 Million to 150 Million | €200,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
150 Million to 200 Million | €225,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
200 Million to 250 Million | €250,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
250 Million to 500 Million | €500,000 | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
500 Million + | Ask for a quote | KTT-TELEX MT103 One-Way | 18+2% Purchase Owned Rate |
1. Once the client’s deposit has been received, the provider will have three business days to process and initiate the Telegraphic Key Note Wire Transfer (KTT) MT103 One-Way.
2. The Provider’s bank has ten business days to send the pre-advice via KTT MT799 to the beneficiary’s bank.
3. Once the irrevocable bank payment undertaking is received via KTT, the provider will send the KTT MT103 to the beneficiary’s account. A copy of this will also be provided via email.
4. The beneficiary bank will verify and pay for the KTT within five days via Swift MT103 and will also pay out all fees, including the consultancy and commissions.
1. Complete the Bank Instrument Application Below
2. When you’ve finished the Purchase Owned KTT Application and email it to info@reliancecapitalfinancelimited.com
Compliance Standard:
1. Accepted Standard: Clients must adhere to all of our standards and fill out the application accurately.
2. Rejected Standard:
– Anything delivered from our list of forbidden instruments and assets.
– The client’s inability to pay the deposit.
– An application for Bank Instruments that don’t have a Bank Comfort Letter (BCL).
1. With our KTT MT103 One-Way delivery service, all terms are non-negotiable. We will not adjust the price or procedures for this service.
2. We do not issue RWA or BCL letters. Clients often use these letters to shop around for a credit line with the receiving institution by providing a banking letter confirming that a bank instrument is ready to be issued in their name. We do not allow this practice under our company name.
3. There is no way to obtain a FREE Owned KTT MT103 One-Way or to allow a client to pay for it after delivery. If the payment is not made in full or secured under a Bank Payment Undertaking, no Owned KTT MT103 will be delivered. Banks will not deliver an Owned KTT MT103 until the funds are secured. Banks do not operate on the basis of uncertainty or hope that the client will pay after delivery.
4. When purchasing a KTT MT103, the client must provide a Bank Comfort Letter (BCL) in accordance with the sample provided in the agreement. Failure to include the BCL will result in the denial of your application.
5. The Reliance Capital Finance Limited does not accept any payments from clients outside of the 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.