Bank Guarantee (BG) And, Bank Endorsed Cheque (BEC) are available for business contractors in Nigeria who are in need of such bank instruments.  

Note: we can deliver instrument in time, not time waster provider.

Bank Guarantee (BG)

 Volume: #500B, #150B,

#10B,#100B,#50B,#40B,#6•5B,#5B

Minimum Volume: 500m

Period: 366 Days

LTV: 20+5=25%*

Period: 180 DAYS 

LTV: 15+5 =20%

Period: 90  DAYS 

LTV: 10+5=15%

Commission Structure:

 Receiver side open balance is  1.5%

Period: 90 Days

LTV: 10+5=15%•

Period: 180 Days

LTV: = 15+5%= 20%

Commission Structure:

  *RECEIVER SIDE *OPEN   1.5%•*

Procedure:

1. Provider and Receiver fully fill, sign   return, and lodge  DOA with  receiver  banks.

2. Receiver sends 2% of the total face value confirm able co- operate cheque via bank to bank through Provider’s  account officer.

Signed & Stamp Front & Back

3. Provider confirms and gives Pre-Advice / RWA to the Receiver’s bank account officer.

4. Receiver confirms Pre-Advice and issues IBPU covering the rest of the LTV (23%) of the total face value.

5. Provider confirms IBPU and issues Bank Guarantee instrument of 15B naira in favour of Receiver’s fiduciary  account.

6. Receiver confirms the Bank Guarantee instrument and the 2% confirm able cooperate cheque becomes cash within 24hours.

7. Provider sends hard copy of the BG instrument to Receiver’s bank via courier.

8. Receiver pays the Provider and Agents/Facilitators the balance of 23% of total LTV will pay within 5 to 7 days, after confirmation of the BG instrument.

9. Receivers bank raise  IBPU  to cover the remaining balance of provider’s & facilitators first value of the instrument  Requested by our prospective client for 5 to 7days.

10. Contract can be renewed with mutual consent between Provider and Receiver.

11. Indemnity

 Indemnity Clause

Instrument As Follows:

Upon Receiver signed up  (DOA) & return it to Provider & Failed To Raise Two Percent Confirm-able Co-operate Cheque Of First Value Of Instrument Such As , BEC, BG , BLOCK FUND , DRAFT  OR MANAGERS CHEQUE Within Five Working Days, Receiver  Pay 3% To Provider Including 2% Facilitators  A & B And Also Same To Provider In Case Of Any Default. 

Provider Must Raise An Instrument In Favor Of Receiver’s Bank Within Five Days Or Face The Penalty Of 3% Percent To Recover & 2% Percent To Facilitators A & B•

Note:

After sign & return of your doa request for provider account to pay total face.

value confirm-able co-operate  cheque via  bank to bank through provider’s account officer.

First Come First Serve.

Bank Instrument Is Not Free

Warning for every receivers if you don’t have money to pay for your  (LTV) don’t  request for (DOA).

Best Regards,