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Apr 29, 2009

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monetize bank guarantees and stand by letter of credit

"monetize " seems to be the IN word or term, these days what is actually an undertaking to discount. I assume an IRDLC is a revolving one. I seems to be a large order since you seem to be unable "to pay for goods and transportation ", when exporters usually are able to. My experiences with such deals here in Thailand is that we can get great prices directly from sellers, but these are small operators, not used to dealing with overseas buyers, let alone in the english language, and they like to be paid on the spot, leaving us to underwrite such transaction like to be paid FOB, when buyers need CIF. Thus, we end up financing such deals, which we can do in smaller scales..  (Dec 29, 2013 | post #106)


monetize bank guarantees and stand by letter of credit

Yes, there are always possibilities. I know of 2 companies with own websites and these seem legitimate. Solely involved in export-import trade finance of all kinds. And individuals into such imex trade finance facilities. But I have yet to make use of any of such offers. I simply keep them as part of my contacts. You need to make your own due diligence on them.  (Dec 29, 2013 | post #105)


URGENTLY REQUIRE Swift MT103 - One Way + Access to Rece...

Coincidentally, I have received and seen in the net forums of offers for KTT MT103 or KTT 103, and 1-way, 2-way, or words to that effect. I even received a detailed treatise on this subject. I myself would never entertain such offers. BUT WHY would hundreds or others WANT such services and inquire on these? Are they fools, or are they in cahoots with their "FRIENDLY " bankers to try to pull a fast what? Or what?? Just in the last week. I've still been getting emails from both offerers and inquirers. Should I pass it onwards as a REFERRAL service with NO GUARANTEES and a WARNING. Or should I just let it be.  (Dec 29, 2013 | post #85)


CMO, BG and T-strips with Quick Domestic Closings

Dear Anu Subject: Seasoned (or FC) T-Strips with at least 5-6 years maturity left for project funding clients I am especially interested in US T-Strips, those T-Bonds without interest, that have at least a full 5-6 years maturity left and more from as low as 10M to 100M to 500M/1B levels. These are to back our clients requiring a security to back their project funding needs and we are direct to a lending entity that will provide the cash loan funds (funds first!) in return for a 5-year instrument which will also be returned before its maturity. AND SO, IF you can get hold of such T-Strips, please provide further information, details, proposed transaction requirements & procedures as well as related documents including a specimen T-Strip document for client's perusal. Your kind and timely reply will be greatly appreciated, because there will be enough clients in our hands that will apply once we give them the green light to. I quote your posting at Linkedin below as reference. Regards, Barry  (Dec 19, 2011 | post #3)


lease bank instruments (bg / sblc) no up front fee

This offer is FULL OF BROKERS getting a lot BUT only job is to pass one paper to another. And the REAL Buyer broker who negotiates directly and does the real due diligence on the client to make sure client performs, DOES MOST of the work, GETS VERY LITTLE! NOT FAIR, offer full of GREEDY PEOPLE in the middle DOING NOTHING except pass papers NO THANK YOU. FULL OF POTENTIAL PROBLEMS. WHAT IF one broker in the middle does NOT PASS ON, or CHANGES  (Nov 3, 2011 | post #24)


leasing bg/ sblc with no up front fee

Look at the posts! Quite a few offering the SAME, WORD FOR WORD, from different people. And ALL claiming to be DIRECT PROVIDER !!!! JOKING OR WHAT? And people offering mostly BROKER CHAINED offers. Just look at the FPA and notice HOW MANY CLAIM commissions. For what? Just passing paepers from one to the other, not knowing IF lessor is real, OR ever seeing ANY closed cases. REALLY the PITS! And the FACT IS that 99.9% of the OFFERS are NON PERFORMING OFFERS, or WORSE. SCAMS. But now I have to change the percentage, it is 100% !!! NOT a SINGLE REAL OFFER. NOT a single person can CLAIM they have closed successfully even one case.  (Nov 3, 2011 | post #1124)

Q & A with barrywho


man about town, no about world


Menado, Sulawesi, Indonesia


Now in Bangkok, Thailand

Local Favorites:

Food, Pubs, Women, what?

I Belong To:

many entities

When I'm Not on Topix:

surf around, mostly news, sports, whenever online

Read My Forum Posts Because:

I haven't entered any yet, so why read???

I'm Listening To:

music, people, you????

Read This Book:

Signature of God

Favorite Things:

no favorites, too wide ranging. Things of what???

On My Mind:

You, my love, all the time!

I Believe In:

God, as a christian protestant.