We Monetize SBLC Banking Instruments in India 🇮🇳 (REF 4C)
Option 4 C - Credit Lines -
@We work only with the client himself
Solution for Indian banks and smaller banks in India or elsewhere
Since Indian banks do not issue SBLCs, our solutions provide you with an alternative.
1. The owner of the fund must block the funds in his account in favor of the monetizer for one year and one day.
2. Ask your bank to send MT110 to the monetizer confirming the bulk funds in favor of the monetizer.
3. Monetizer provides 40% / 50% of the blocked amount as funding WITHOUT recourse within 7 business days.
4. Blocked funds are released after one year and one day.
Banks that we can work for blocked funds:
a) State of India Bank
b) Union Bank of India
c) Punjab National Bank
d) Canara Bank
e) Indian Overseas Bank
f) ICICI Bank
g) Axis Bank
h) Yes Bank
Procedure for small, low-rated banks that are not on the Swift system or do NOT have an RMA.
1) Establish an account that is NOT depleted at the fund owner's bank in favor of the Monetize name.
2) Send the confirmation to the Monetizer of the funds blocked for one year and one day.
3) Monetizer provides 40% / 50% of the blocked amount as funding WITHOUT recourse within 7 business days.
4) Blocked funds are released after one year and one day.
Answers to your queries:
A) Why would someone put their blocked money in someone else's name?
Answer:
Why would someone issue SBLC in favor of the beneficiary or monetizer and block the funds in their favor?
It is just the same process except that SBLC is NOT issued.
😎 What is a NOT exhausted account?
Answer: The non-depleting account is an account where funds are held in the monetizer's name and funds cannot be touched by either party for a period of one year and one day. After one year, the funds are returned to the owner of the funds.
missing: CIS OR KYC + POF (5 days)
whatsapp: 0034651884888
jaouad.stars88@gmail.com

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