Credit Line

Credit Line

Trader (PPP Desk) – Cash Investment Commercial Agreement (Sample)


Mr. John Smith

Group CEO, Trader Facilitator Firm Pvt. Ltd

United States

Dated:____________________

Subject: Signing of Commercial Agreement – Cash PPP

I, Mr. ……………………………………. …., Chief Executive Officer/Director/President of ……………………… , holder of Passport Number ………………… as authorized signatory for …………………………., Ready Willing and Able (RWA) to Invest $/Euro/GBP/CHF/AUD/NZD/CAD/JPY ……………………….. invested in the Bank (Refer Annexure) as a Cash with your Esteemed Company.

Bank Instrument:

1 Bank Name Select your Bank
2 CURRENCY Select your Currency
3 TERM As agreed between Trade Facilitator and the Client
4 CONTRACT AMOUNT Minimum $ 1 Million (Equivalent US $)
5 TRANSACTION MODE Bank to Bank/Pre-Advice MT799/BPU MT799/ MT760 /MT1
6 PAYMENT SWIFT MT103
7 DELIVERY BY SWIFT MT760 AND HARD COPY TO BE DELIVERED VIA BONDED BANK COURIER WITHIN SEVEN (7) INTERNATIONAL BANKING DAYS AFTER RECEIVE FULL PAYMENT.

Credit Line: Please note that no Cash PPP can be done without having Credit Line in place. If you have Cash, Term Deposits, Negotiable Instrument; they can easily be converted into Cash. For Cash PPP a Credit line is required which can either be arranged by Client from the Bank he invested the Cash or have to be arranged by Trade Facilitator from Top Banks. Please note no Indian Bank to be used to generate Credit Line only Top 25 Banks of the Globe alongside Singaporean Banks.

Credit Line Process:

Step 1: Submission of KYC to Bank

Step 2: Bank acceptance to KYC and agreement on Haircut

Step 3: Signing of Haircut agreement and issuance of Credit Line Step

Step4: Transfer of Credit Line to Trading Platform via complete KYC

Cash Investment Professional Fees: –

Without Credit Line – 4% of the Amount (Refer Milestones)

With Credit Line – 8% of the Amount (Refer Milestones)

Contracted People:

People 1: – John Smith, Group CEO, Trade Facilitator

People 2: – Client to mention name, designation

People 3: – Client to mention name, designation

** Create an annexure if more than 3 people are involved

Payment Terms: Please note that Trade Facilitator – PPP Desk don’t work on escrow Account basis with any of the Clients across the Globe. PPP Contracts done with Trade Facilitator work on milestone whereby we are having 5 Milestones for all Trade Finance Instruments. HJGS shall charge fee from Profits of the trade. Processing fee may be charged by the Trade Facilitator.
Milestone 1: – 5% of total fees to be paid in upfront (negotiable via multi party agreement from profits earned)

Milestone 2: – 35% of total fees to be paid at end of Milestone 2

Milestone 3: – 45% of total fees to be paid at end of Milestone 3

Milestone 4: – 15% of total fees to be paid at end of Milestone 4

**Milestone to be agreed between Trade Facilitator & Client. Pricing is different from Assets Classes. Pricing will be mentioned in Deed of Agreement (DOA).

Bank Name:

  • Goldman Sachs (GS)
  • Credit Suisse (CS)
  • JP Morgan Chase (JPM)
  • Standard Chartered Bank (SCB)
  • HSBC
  • Barclays
  • UBS
  • DBS Singapore
  • UOB
  • ICBC
  • Bank of America
  • Respective Banks

Client Name:

Place:

Date:

Signature:

Provider: Trade Facilitator

Place: United States

Date:

Signature: