Casual Business Meeting

ACTIVITIES

  • Building societies and mortgage banks, savings banks
  • Banking services
  • Moneylenders and pawnbrokers
  • Credit and charge card organisations
  • Finance houses

WHAT SERVICES DO WE PROVIDE

Manchester Finance Company Limited offers the following commercial services that can assist clients in their commercial transactions by providing financial instruments such as: Bank Guarantee – BG/SBLC – MT760, MTN, Loan Letrter of Credit (LC).

These financial instruments can assist clients to achieve their business goals. Abrief discription of these financial instruments are stated below:

 

BG/SBLC INSTRUMENTS:

  • 1. INSTRUMENT: BANK GUARANTEE (BG), CASH-BACKED
  • 2. FORMAT: ICC 600
  • 3. ISSUING BANK: CHINA EVERBRIGHT BANK, DEUTSCHE BANK AG, BARCLAYS BANK, HSBC BANK, HSBC PLC
  • 4. COUPON RATE: ZERO PERCENT (0%).
  • 5 TERM: ONE (1) YEAR AND ONE (1) DAY.
  • 6. CURRENCY: UNITED STATES DOLLARS
  • 7. CONTRACT AMOUNT: 000,000,000.00
  • 8. INITIAL TRANCHE: 000,000,000.00
  • 9. LEASING FEES: 5%+2%, PURCHASE FEES: 40%+2%
  • 10. AGENT S FEES:
  • 11. DELIVERY: BANK TO BANK (BY) SWIFT MT760.
  • 12. PAYMENT: SWIFT MT-103
  • 13. HARD COPY: BONDED COURIER WITHIN 5-7

 

Casual Business Meeting

 

 

BANKING DAYS LOAN:

    Client submits the following documents for due diligence, review and approval:

  • 1). Client Information Sheet (“CIS”) with full bank coordinates;
  • 2). S. A copy of Corporate Registration;
  • 3). A copy of Passport of the Authorized Signatory;
  • 4). Board Resolution;
  • 5). Project feasibility study/use of fund
  • 6). Non-Solicitation Statement;
  • 7). Non circumvention, Non-Disclosure Agreement.

 

 

DESCRIPTION OF LETTER OF CREDIT INSTRUMENT

 

  • 1. Instrument: Letter of Credit (LC)
  • 2. Total Face Value: XXXXXXXXXXXXXXX
  • 3. Issuing Bank: DEUTSCHE BANK AG, HSBC PLC, London, BARCLAYS BANK PLC
  • 4. Age: One Year and One Day (With the option of Rolls and Extension)
  • 5. Leasing Fee: 5% + Agency Fee: 2% = 7%
  • 6. Delivery: Bank to Bank Swift MT700
  • 7. Payment: MT103
  • 8. Hard Copy: By Bank Bonded Courier within 5-7 banking days after delivery of Swift MT700

 

 

LETTER OF CREDIT REQUIREMENTS:

 

  • a. Client Information Sheet (“CIS”) with full bank coordinates;
  • b. A copy of Corporate Registration;
  • c. A copy of Passport of the Authorized Signatory;
  • d. Board Resolution;
  • e. Non-Solicitation Statement;
  • f. Non circumvention, Non-Disclosure Agreement.

 

 

COMPLAINTS:

To register a complaint about our service, please contact us by:


  • Email at: info@manchesterfinanceltd.com
  • Telephone/WhatsApp : +447452295632

NOTE: All complaints are treated within two weeks and to provide a final response to all complaints within four weeks. To help us to investigate and resolve your concerns as quickly as possible please provide the following information:

 

 

  • Your full name and contact information
  • Full details of your complaint
  • Your lease agreement details
  • Details of what you would like us to do to put things right
  • Photocopies of any relevant paperwork