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POF - Proof of Funds

January 31, 2012

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Proof of funds is sometimes a ‘leased’ Proof of Funds, whereby a client pays a fee to have a Cash Account established at a mutually agreeable bank in their Personal or Business name.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 31, 2012 -- Proof of funds is sometimes a ‘leased’ Proof of Funds, whereby a client pays a fee to have a Cash Account established at a mutually agreeable bank in their Personal or Business name. The money is ‘blocked’ by the bank, thereby allowing the client to show money in their account, but that client is not permitted to withdraw the money deposited by the investor.

The terms “Bank Comfort Letter” and “blocked funds letter” are also used.

Proof of funds for the following reasons:
Providing Evidence of Proof of Funds
Blocked Funds

Leverage Funding for Large Commercial Projects
Funding a Trading Platform
Credit Enhancement
Qualify for Financing
Net Worth Requirements
Commodities Transactions
Commercial Real Estate Transactions

All accounts require full client disclosure and are opened in strict compliance with the provisions of the International Money Laundering Regulations and the US Patriot Act.

Web site: www.leasedbankinstrument.com
Email: scott@leasedbankinstrument.com
Call us: +1 212 392 4270

free-press-release.com MT700 MT760 MT799 mt999 POF

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Contact Information

Name: Scott Anderson

Company: Leased Bank Instrument
Email: ***@leasedbankinstrument.com
About the author
People often use the term “leasing” however instrument leasing is NOT possible (no bank will allow such transactions). However, a third-party may very well take actions which could trigger the issuance of an instrument to your behalf and your benefit.

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Proof of Funds via MT799 or MT760 Proof of funds is sometimes a ‘leased’ Proof of Funds, whereby a client pays a fee to have a Cash Account established at a mutually agreeable bank in their Personal or Business name.

MT760 - MT799 - MT999 BG and SBLC will be issued via MT760. Before issuing the MT760, communication has to be established between the sender bank and receiver bank. This communication established via MT103, MT799 and MT999

Leased BG, SBLC, POF, CA, LC, VOD, CD We provide leased bank instrument such as Proof of Funds, Bank Guarantee, Stand by Letter of Credit, Cash Account and Letter of Credit via MT700, MT760, MT799 and MT999.

CCA - Cash Collateral Account LBI will provide Cash Collateral Accounts to the Clearing Participants (the account holders) for the sole purpose of enabling the Clearing Participants to hold cash receivables in the books of LBI.

Collateral Based Funding Collateral, especially within banking, may traditionally refer to secured lending (also known as asset-based lending).

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