Trade Lead Description:
Buyer closed 50 deals so far. They look for a few 1000. Once the quota is filled they will stop buying. This could last 6 months depending on the sellers
Procedures:- Seller submits KYC inc, CIS, Passport, 1 Proof of Life & attorney attestation. Please inc pictures of bonds with Pass-Co reports & include a listing of folio numbers with corresponding Pass-Co numbers. There is a minimum of 10 bonds per submittal package
Between 24-72 hours after your seller submits its package, the buyer's attorney will contact the seller to set up the items described below & to set up the closing time and place with the seller
The buyer will put up a $50K non-refundable deposit per bond ($500K total for a block of 10)
in favour of the seller as a guarantee of performance. If the buyer fail to perform, that money goes to the seller, so seller is protected
This not a trading group & has nothing to do with the Chinese purchase of the bonds Price is $1.2 Billion cash each bond
| Type of Offer: |
Offer to Buy |
| Quantity: |
n/a |
| Packaging: |
n/a |
| Price / Incoterms Conditions: |
see advert |
Posted from UK - North of England on 21 July, 2013
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Trade Leads Directory -> All Trade Leads -> Services -> Others -> Buy:- Petchilli Bonds (minimum 10) 
