Purchase Owned Bank Guarantee

With our three levels of protection, you don’t have to worry about your security:

1. A Two Percent (2%) Non-Performance Penalty

• A two per cent (2%) damage fee will be charged to a party who fails to perform. The 2% applies in both cases, either when the Provider has sent a corporate invoice which the beneficiary’s bank does not respond to or pay, and/or when the beneficiary’s bank is ready, willing, and able to provide the BANK INSTRUMENTS and no BANK INSTRUMENTS are delivered by the provider bank via SWIFT MT-760, DTC, Euroclear, or Bloomberg.

2. A deposit refund program (all our agreements are bank-approved (certifiable) with full bank responsibility as an insurance package)

• With our agreement with banks, that bank becomes responsible for the payment when the transaction is completed.

• When a bank confirms an agreement, the bank becomes responsible before the customer pays any fees to our company. We are the only banking instrument brokers in the world that guarantee 100% of your initial deposit through bank verification before the client authorizes any payment

3. Attorneys' Client Trust Account

• Once your agreement has been approved by the compliance department and confirmed by the bank, payment must ONLY AND EXCLUSIVELY be made into a solicitor’s office escrow account. These bank coordinates are provided directly by a PT.BAT INSTRUMEN BANK INTERNASIONAL Compliance Officer (CCO) and included in your invoice

This refund program protects our customers and ensures that deposits are completely safe.

4. Benefits of buying a leased bank credential from us

1. Our program operates with Top 100 World Banks to secure your Standby Letter of Credit

2. We offer monetization for our own bank instrument in case clients need this service.

3. BG is available in EUR and USD.

4. Price: Only fifty percent 50% (48+2%) for rated banks, and thirty-five percent 35% (33+2%) for non-rated banks.

5. Minimum Face Value for selling a purchased own Bank Guarantee (BG) is 50 Million.

6. After receiving the MT760, you have 5 days to complete your payment.

7. Pre-advice for the MT799 is included along with the BG.

8. No Corporate or Personal Credit Checks

9. No Documentation for your Project is Required

10. Agreement signed and returned within 72 hours of completion.

11. MT760 offers SWIFT delivery to your Bank.

12. We offer Bloomberg, Euroclear, or DTC delivery to your Bank.

13. Brokers receive up to 1.5% Commission.

14. BG is specific to each client’s needs.

15. Non-performance penalty of 2 per cent included in all contracts.

16. Deposit is 100 % protected, and the Provider Bank endorses client payout.

Provider and Beneficiary execute, sign, and initiate this Letter of Intent / Memorandum of Understanding, which thereby automatically becomes a full commercial recourse contract agreement.

1. One Banking day, the Provider Bank endorsed this agreement, guaranteeing the Beneficiaries' payment for the:

• Swift Transmission (MT799 and MT760)
• Portfolio Reservation Cost (MT760)
• Beneficiary Verification
• Bank Delivery Coordinates Compliance Assessment

3. Beneficiary, within two (2) international banking days, instructs his Bank to send swift transmission/portfolio reservation cost of $XXX,XXX (_________________________) by wire transfer to the Providers provided receiving bank coordinates, and emails a copy of the wire transfer receipt to the Provider.

4. Within three (3) banking days after the Provider's Bank has received the above bank SWIFT transmission/portfolio reservation cost, the Provider will instruct their issuing bank to cut the Bank Instruments for the Beneficiary and schedule its delivery via Euroclear/Bloomberg Screen to the Beneficiary's Bank

5. The beneficiary, within three (3) banking days, will provide a confirmable Bank Comfort Letter (BCL) with a Bank Payment Undertaking (BPU) on behalf of the Beneficiary and in favor of the Transaction Code No. _______________ (Beneficiary shall provide a copy of said BCL to the Provider by email).

6. Within ten (10) banking days, Provider will confirm the Bank Comfort Letter (BCL), and once confirmed, the Provider’s institution must email a certified receipt of the Bank Instrument delivery through Euroclear/Bloomberg. (Provider shall provide a copy of said Euroclear/Bloomberg Screen to the Beneficiary by email.)

7. Once the receipt is acknowledged, the Beneficiary immediately pays 50% of Face Value purchasing fees (minus initial deposit paid to provider). (screen block and pay).

Required Documents:

1. Fill out the Bank Guarantee Application Below

2. When you’ve finished the Purchase Owned Bank Guarantee Application and email it to: office@batbank.co.id
Compliance Standard:

Accepted Standard: Clients must abide by our standards and accurately fill out the application online.
Rejected Standard:

• Any provider that is listed on the Forbidden Assets and Financial Instrument List.
• Any situation where a client cannot or will not pay the deposit.

Important Information:

1. Please note that the days are banking days and no weekends or holidays are counted.
• Banking Days & Holidays Calculator

2. With our BG delivery services, everything is non-negotiable. We will not alter the price or procedures of this service.

3. We don’t issue RWA or BCL letters. This tactic is normally used by clients to shop around for a credit line with the receiving institution, with a banking letter confirming there is a bank instrument ready to be issued in their name. We will never allow this to happen under our company name.

4. There is no way to have a FREE Bank Guarantee (BG) or to allow a client to pay for a Bank Guarantee (BG) after the MT760 has arrived. If this is not paid in full, or paid for under a Bank Payment Undertaking, then no Bank Guarantee (BG) will ever be delivered. Banks will not deliver any Bank Guarantee (BG) until the funds are secure. Banks simply do not work for free or in the hope that after they deliver a Bank Guarantee (BG) that the client may pay them.

5. The PT.BAT INSTRUMEN BANK INTERNASIONALs do NOT receive any payment from their clients outside the attorney’s client trust account. Therefore are NOT RESPONSIBLE for any payment made to any third party, including PT.BAT INSTRUMEN BANK INTERNASIONAL brokers, nor the delegation office.

6. If the client is leasing via Euroclear and requesting a loan via monetization with the Attorney’s Trustees office of BAT INSTRUMEN BANK INTERNASIONAL at the same time, please make a note of the following information:

• Initial application, once submitted, takes 72 hours for compliance approval
• You will be given an application for the bank instrument and the recourse or non-recourse loan, once it is submitted, 72 hours for due diligence
• After due diligence and application approval client will receive a bank-endorsed countersigned agreement and the client has 3 days to submit payment
• It takes 35 days to process the leasing of the bank instrument after receiving payment
• It takes 30 days for the monetization process of the bank instrument
• A total of 65 working days after payment is received.

The Beneficiary and provider sign the contract, initiating the memorandum of understanding and the letter of intent. This enters them into a contractual agreement.

2. During an upcoming day of business, the providing bank will endorse the agreement, granting the beneficiary payment for:

• Swift delivery of the MT799 and MT760
• MT760 Cost of Portfolio Reservation
• Verifying the Beneficiary
• Compliance Assessment Coordinated by the Bank

3. The beneficiary, within two (2) international banking days, instructs his Bank to send a swift transmission/portfolio reservation cost of €XXX, XXX by wire transfer to the Provider’s banking coordinates, and emails a copy of the wire transfer receipt to the Provider.

4. Within three (3) banking days after the Provider's Bank has received the above bank swift transmission/portfolio reservation cost, the Provider will instruct his issuing bank to cut the Bank Instruments for the Beneficiary and schedule its delivery to the Beneficiary's Bank (BPU securing the cost needs to be confirmed before the MT799).

5. The beneficiary, within three (3) banking days, will provide a confirmable Bank Comfort Letter (BCL) with a Bank Payment Undertaking (BPU) on behalf of the Beneficiary and in favour of the Transaction Code No. _______________ (Beneficiary shall provide a copy of said BCL to the Provider by email).

6. Within ten (10) banking days, the Provider will confirm the Bank Comfort Letter (BCL) and sends MT-799 Pre-Advice to the Receiver’s bank asking “Are you ready to receive SWIFT MT760 with Bank Instrument, verify and pay by SWIFT MT103 in five (5) calendar days according to Transaction Code No. _______________?” (Provider shall provide a copy of said MT799 to the Beneficiary by email).

7. Within three days, the provider’s institution will send the BG through the SWIFT MT760.

8. When the receiving bank has received the BG, they will confirm this with the other bank and will pay within 5 days 50% (minus the initial deposit paid to the provider), which includes a 2% consultant fee.

9. If the beneficiary does not pay the payments, then the Provider will place a claim on the BG, which causes the receiver’s institution to return the BG through SWIFT MT760. Any payments that have been made will not be refunded.

10. The provider’s bank has one week from the receipt of the payment of the BG to send a copy of the BG to the beneficiary’s bank through a courier that is bank-bonded.

11. Any additional tranches will abide by the same procedures and will continue until the funds have been depleted.