We provide Insurance Backed SBLC's backed by cash from $250,000,000 to $2,000,000,000 against low and non-rated banks in-house or through IOB's provider.
We convert and transmit as in-house provider’s or through the IOB's provider’s low and non-rated bank SBLC’s reconfirmed through top-rated banks such as HSBC, Barclays and ING Bank via MT799/MT760.
We offer and issue SBLC's from Mahkota Bank at a flat rate for those who are unable to present his/her own low and non-rated SBLC's. SBLC face values from $250,000,000 to $1,000,000,000 are at a fixed price of $50,000 and SBLC's $1,000,000,000 and up are at a fixed price of $100,000.
We operate through our in-house insurance bonded providers to cover the SBLC against an insurance buyback bond to protect our assets against failed transactions.
Insurance rates will vary depending on the face value however, it is recommended that the IOB have at least 0.090% of the face value in addition to the fixed price amount.
The insurance rate and fixed price will cover the entire cost of the SBLC being issued. Final rate and fixed price will be provided and due at the signing of the contract.
The IOB will provide his/her own monetizer and will have 15 banking days to pay the purchase cost of 50% against the total face value via MT103.
1. IOB submits LOI with receiving bank details to acquire an insurance quote. IOB must present his/her own low or non-rated SBLC or acquire an SBLC through Mahkota Bank. In addition, secure the insurance quote provided and due at the signing of the contract.
2. Upon acceptance of insurance quote, IOB receives an Insurance Backed SBLC Purchase Agreement (filled out online only).
3. The IOB pays the agreed insurance fee against the SBLC face value.
4. SBLC is generated, certified and notarized in-house or through IOB's provider.
5. After SBLC certification and notarization, SBLC is delivered via email and lodged to platform for reconfirmation.
6. An insurance buy-back bond is issued to cover the SBLC.
7. The SBLC is delivered via MT799/MT760 through our nominated top-rated bank.
Commissions are negotiated between the IOB and consultants (if applicable).
High-Level sophisticated elite IOB's requesting cash placement and financial acquisitions of bank instruments that provide monetization's and trades to support high-level personal and business transactions producing $500,000 to $500,000,000 in a Capital Acquisition Management Platform.
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Insurance Backed SBLC