we are having good numbers of banks based in singapore/hongkong/usa/uk/duba i/NZ /cyprus etc, BANKS IN HK
BANK OF BARODA/BANK OF INDIA/HBZ FINANCE LTD/IOB-HK RATES 90 DAYS 3.75% 180 DAYS 6.75%
BANKS IN SINGAPORE
HABIB BANK SINGAPORE/COMMERZBANK/BANKOK BANK/AMERICAN EXPRESS BANK/UCO BANK 90 DAYS= 3.50% 180 DAYS=6.25%
INDIAN BANK/BANK OF INDIA/STANDARD CHARTERED BANK SINGAPORE=90 DAYS 3.75%
WALL STREET BANKING CORPORATION= 90 DAYS 2.75% 180 DAYS 4.75%
DUBAI BANK KENYA (advised through standard chatterd bank) = 90 DAYS 2.75%
180 DAYS 4.75%
contact tarungupta1986@gmail.com
thanks
tarun

This is a scam. Beware!

i need sblc for 5 million usd .send me details

Bank Guarantee Fraud

This is a very simple fraud. A businessman or investor requires access to capital for his own purposes. Let us say that the individual wants a line of credit of $50million or more. That individual or business discovers that to obtain such a line of credit means paying very large sums in fees, commissions and probably even worse means providing huge quantities of security. An easy alternative is to succumb to the blandishments of an individual who says that all you have got to do is pay a one off sum and you will have a guaranteed bank facility.

Usually what will happen is that the individual will be told that one of the AAA banks will provide a guarantee for, say, $50 million subject to a payment of $1million as a fee. Obviously the businessman says he is not going to pay until he has seen the facility from the bank. Arrangements are therefore made for the $1million dollar fee to be lodged in an escrow account, usually either with a solicitor in London or with a fiducaire in Switzerland. The solicitor or fiducaire has clear instructions that he is not to release the monies until such time as the facility letter is to hand.

In due course a facility letter from a major bank does arrive appropriately signed at the bottom guaranteeing the $50million facility. The fiducaire releases the money. The investor then calls upon the bank to honour their facility. It is at that stage that the investor discovers that the two people who sign the facility either never existed or if they did exist had no authority to grant the facility and have left the bank or there is some other fraud involved.

The investor quickly attempts to hold the fiducaire or solicitor to account. He discovers that the “usually crooked” fiducaire or solicitor has a good excuse in that he did what he was told in releasing the monies when the facility letter came to hand. The investor then attempts to trace the monies and discovers they have moved through various different bank accounts and have ended up either in Lithuania, The Virgin Islands, or another location where it becomes increasingly difficult to either trace the monies or to recoup them.

In our experience the prime target for recoupment in cases of this sort should be the solicitor/fiducaire.

Prime Bank Guarantees/Discounted Bank Instruments

Many senior lawyers, accountants and businessmen continue to believe that there exists a secret market in bank instruments. Fraudsters play upon this continuing belief by persuading individuals and companies that they should make investments in “prime bank guarantees”. The documentation relating to the investment talks about “prime banks”, “discount houses” and “cutting houses”. The documentation is produced so that at first sight it appears hugely complex and obviously beyond the understanding of anybody who is not actually involved in this very special market.

Typically individuals are asked to participate in a block of something like £100million investment. The point is usually made that individuals are excluded from this market and the only way they can possibly join is by contributing $100,000 or so to a pot that is being built up by the generous individual who is giving them the opportunity to participate in this secret market.

The lure into this investment is the phenomenal profits that will be generated, sometimes described as being in excess of 100% in one year.

It is worth repeating that there is no such market.

It is never explained to anybody how the profit is generated or why the banks feel that it is necessary to trade in this market.

Usually what happens is that the hugely complex documentation is delivered to the person who is going to make the investment, for typically between $1million and $10million. He is required to sign a certificate to say that his money is clean and then sends the money to nominated bank account. From there the monies pass into the hands of the investment manager or his nominee. Shortly after that, the excuses start.

Usually some other contributor has not paid on time his due contribution to the $100,000 block and therefore it has not been possible to “roll” the money at the first stage. After that, there is an incessant string of excuses ranging from “my wife is having a baby” to “the banks are on holiday” or just straightforward silence. Sometimes the fraudsters are able to keep the investors at bay for years with excuses.

One has to ask why this fraud has continued for so long. The answer quite often is that individuals who make such investments have quite often parted with all of their spare cash and are no longer in a position to finance the necessary detailed work to be carried out by lawyers and accountants to recover the monies. Quite often the monies are so long gone and so well hidden that even when monies are spent it is difficult to recover them, even when monies are still available. There is also the embarrassment factor of a grown up sensible businessman/investor not wanting to admit that he has been defrauded of a very large sum of money.

In my experience, perseverance and the economic use of lawyers and accountants can pay dividends by uncovering the network of fraudsters and putting pressure on them in different jurisdictions.

TRUTH: Other than the term being incorporated into the name of a bank, such as "The SoAndSo Discount Bank", there is no financial institution that is specifically called a discount bank.

There are international trade departments within banks that specialize in discounting trade instruments. This falls under the calling of trade finance, wherein a bank will purchase trade documents such as a LETTER OF CREDIT for less than the full value, taking over all the responsibilities of collection from the owner. This is also referred to as factoring or FORFAITING.

SCAM: Con artists tout "discount banks" as a place where one may purchase Letters of Credit or PRIME BANK GUARANTEES at unrealistic discounts, then sell them for full value in the SECONDARY MARKET.

The prime bank guarantee scam is a high stakes swindle that was first warned about in 1993. It has the lure of big money, big institutions, secrecy and playing on a large international stage. But the bottom line is that it's just as much of a swindle as anything else - just on a bigger level; according to the International Chamber of Commerce, this type of scam involves £5 million daily in North America alone.

How It Works
Someone - possibly a good friend or relative - invites you to join a scheme that will make you rich through access to "bank guarantees" which they say can be bought at a discount and sell shortly thereafter at an enormous premium. The likes of pension funds are on stand by, to buy "Prime Bank letters of credit" from large banks. However, the regulations mean that the deals have to go through a middleman. Often the claim is that you'll make a profit when the BG mutures, etc.

With the amounts being discussed, you'll be part of a pool of investors dealing on the same level as oil sheiks and the world's richest. You'll probably be told not to bother seeking professional advice because the information is reserved only for those who participate in the program, which is "by invitation only." Indeed, secrecy is so important that you'll be thrown out and maybe taken to court if you try to obtain an independent assessment. Even the bank listed on the documents (supposedly some of the world's largest) can't discuss the deal unless you're the principal investor.

You might well be told that there's no need to worry because every last pence is secured fully by a 'Letter of Credit', whuc is a bank-endorsed guarantee or any other guaranteed bank certificate supported by the world's top or "prime banks," or that it's risk-free and sanctioned by the International Monetary Fund, that it has an "IMF Number", an "IMF Country Registration Number," or an "IMF Approval Number for Projects."

What they will claim is that this is a "roll programme," in which the funds are leveraged several times to maximise the returns. However, when it's time to pay up, your investment, and the company behind it, has vanished.

So to those who are still trying to figure out a way to "earn" money by telling people that you are next to the Buyer, next to the Seller (Principal), etc. Good luck in this. There are no such things as Discounted Prime Bank Instruments. Good luck conman!

We are looking for BG / MTN / SBLC preferably from Indian origin Bank, minimum amount USD 5 MN to USD 10 MN discountable through / at bank in India.
All the fees charges etc will be bank to bank and srickly on success basis.
Please reply with confidence to mnbhaskardas at yahoo dot co in