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4 comments for “Contact Us

  1. Leon
    September 6, 2017 at 1:40 pm

    A 458 BG IS NOT TRANSFERABLE OR DIVISIBLE
    I WOULD ASSUME THAT A 758 BG IS ALSO NON TRANSFERABLE OR DIVISIBLE – IS THAT CORRECT ?

    • September 10, 2017 at 3:54 pm

      Bank Guarantee’s are not transferable. It is the Issuing Bank that needs to either cancel the Guarantee and re-issue it in the name of the new beneficiary or issue an inter-bank SWIFT communication amending the details of the beneficiary.

  2. September 8, 2017 at 12:12 am

    Dear Sir,

    Our client need a Leased BG of USD 3 billion.
    He can send you his procedure for your consideration.
    A ll terms and conditions from both parties are negotiable.

    Your reply is appreciated.

    Regards.
    KC Ooi
    Email: okchuan@gmail.com

    • September 11, 2017 at 9:48 am

      Taking on a Collateral Transfer facility for the amount of US$ 3 billion you will find extremely difficult. No bank will want that level of exposure on one customer. It is definitely a surrogated obligation – meaning that there will be more than a few banks involved. Collateral Transfer facilities stand good up to around 150 million where there can be one dedicated lending source. We are happy to point you in the right direction if you contact me by email.

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