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Letter of Credit – LC
Form of guarantee of payment issued by the Bank. This assignment of the buyers Bank to the supplier on payment to the supplier of goods and services on the terms and conditions stipulated in the l / C statement of the buyer.
Stand-by Letter of Credit – SBLC
Standby letter of credit SBLC is primarily used in banking practice of the Anglo-Saxon countries such as the US and the UK, being a good method of protecting against the risk of non-payment is not a payment mechanism of delivery.
Certificate of Deposit – CD
A certificate of deposit is a promissory note issued by a bank. It is a time deposit that restricts holders from withdrawing funds on demand. Although it is still possible to withdraw the money, this action will often incur a penalty.
Reserved Funds Letter – RF
This is just one of those pieces you need especially when you are doing any sort of quick flip where a bank is involved. The banks whole purpose in requiring proof of funds is to make sure you, as the investor, actually have the money to close your side of the transaction.
Bank Blocked Funds Letter – BF
A blocked funds proof of funds letter is used to ensure funds in an account shall be reserved for a particular transaction.Blocking funds can either be achieved by a letter issued bank to bank, or by the SWIFT system such as by SWIFT MT760.
Bank Proof of Funds Letter – BP
In international trade (export import financing) there usually comes a time when a buyer or seller’s bank will be required to issue a bank letter of readiness. This can come in the format of a pre advice SWIFT MT799, or a RWA letter issued bank to bank.
ON THE BASIS OF BEST EFFORT
We accept the responsibility to take all potentially necessary factual and legal acts for the full placement of the issue of securities at the best prices and in the shortest possible time, based on the use of all their opportunities to engage in professional activities on the securities market to disclose information about the securities issue, providing treatment a potentially greater number of potential investors, preventing conflicts of interest that could negatively affect the placement of the Issuer s securities, and ensuring their full and timely settlement.
Underwriting of securities is carried out on the basis of the underwriting agreement entered into between the Issuer and the underwriter and establishing the form, terms and conditions of underwriting in respect of issues of securities.
ON THE BASIS OF SOLID (FIXED)LIABILITIES
We undertake to acquire in its name and for its own account the securities in one of the following conditions:
- purchase the prescribed percentage of securities (the number of securities in issue, the volume of securities in monetary terms);
- redemption of securities established as an absolute amount in monetary terms;
- the redemption of the total volume of securities issue (private placement).