Instrument Issuance Procedure

PROCEDURE (PROCESS TIMING 6-7 DAYS)

Issuance Procedure:

We need the following documents/ information for finalising the draft:-

1. Filled in application form

2. Verbiage required in the instrument for SBLC & BG/Proforma Invoice for DLC

3. Trade license of your company

4. Share Holders List

5. Passport copy of main applicant

6. Last Three years audited balance sheet

7. Last Six months latest bank statements

Step Wise

1. After acquiring all the above documents information of advance will realised. We will select the issuing bank/financial institution and finalise the draft for your review.

2. Upon Receiving of the draft copy of the instrument You must truly review the draft for any correction additions or removal of information. Should these be any amendments, we can Amend the draft accordingly to match your Preferences. Once the draft is approved, you will need to send us a copy of the draft with a sign and stamp on it as your approval.

3. We will raise the invoice for the agreed charges(charges include margin money processing fees and professional charges) & you will make the Remittance against the invoice.

4. Only after we receive the payment for the raised the issue bank/financial institution will issue and Riley the instrument through Swift within 56-90 Hours after remittance.

5. simultaneously we will send you the issued copy through email for your reference and record.

Note- the charges will depend upon the value of the financial instrument, Tenure, issuing bank/financial institution.