iSKYi Limited
GLOBAL PRIVATE INVESTMENT COMPANY
MONETIZATION | FINANCIAL | MONEY | INVESTMENT © 2013 DISCLAIMER
Asset- SBLC (Standby Letter of Credit)
Asset- CD (Certifate of Deposit)
DOCS- ATV ( Authorization to Verify)
DOCS- CIS ( Client Information Sheet)
BG (Bank Guarantee)
The emission Model of the Bank Guarantee will be the one that the Bank considers appropriate given the conditions that the client gives preference to, because it is the issuing bank itself the one that has the different types of models for each case.
The basic requirements that the Bank Guarantee must meet are the following:
• The asset must be placed on the customer's account, with FULL BANK RESPONSIBILITY
• The asset must be completely available for the client
• The asset must be ASSIGNABLE, DIVISIBLE AND TRANSFERABLE
• The asset should be workable via SWIFT (MT799 / MT760)
• The asset should be verified from BANK TO BANK
Therefore, within the scope of the Bank Guarantee there are different models, the ICC 500, the 458 and the 600, included 458 with revision 500
BANK GUARANTEESWIFT MESSAGES