Finance when you needed most

Letters of Credit

Stand By Letters of Credit

Bank Guarantees

SWIFT Messages

LETTERS OF CREDIT AT SIGHT

USANCE LETTERS OF CREDIT

STANDBY LETTERS OF CREDIT

BANK GUARANTEES

PERFORMANCE GUARANTEES

READY, WILLING AND ABLE

MESSAGES

POF MESSAGES

PRE ADVISED MESSAGES

COMFORT LETTERS

DEMAND GUARANTEES

OUR SERVICES

All you need to know about Trade Solutions

Yield 4 Finance (Y4F) provides a comprehensive approach to

structuring complex trade transactions for a variety of stakehold-

ers, including importers, exporters, and trading companies. Y4F’s

experienced team understands that providing trade finance in

today’s volatile global markets demands creativity and flexibility. As

such, Y4F utilizes an array of trade and export finance instruments

to mitigate unnecessary credit risks while increasing clients’ access

to working capital. Y4F provides specialized supply chain finance

facilities, tailored to the specifics of each deal.

Whether you are an importer, trader, broker, introducer, or

consultant, if you have business that you think might interest us,

give us a call or write us an email. We would be very happy to

speak with you about your transactions. If we aren't the right

address, maybe we can point you in the right direction.

We provide the trustworthy and complete trade finance solutions

to our customers by combining the best expertise in each area of

service with the lowest servicing cost.

•To provide our Clients with Integrated Trade finance Solutions.

•To create a respectful work place for our people.

•To deliver superior services and results to our Clients.

OUR VISION

OUR MISSION

OUR GLOBAL PRESENCE United Kingdom (London)

United States of America

Hong Kong

New Zealand

United Arab Emirates

Singapore

Bangladesh

Contact Us: PO Box 121823, Suite 112, NBQ Building, Khaled Bin Waleed Road, Bur Dubai, Dubai, United Arab Emirates +97143960006 +971588607792 +971527158218 +971501926122 +917837039490 +919888672938 sanjeev@yield4finance.com vipul@yield4finance.com www.yield4finance.com

Gujarat, India

New Delhi, India

Chandigarh, India

Ivory Coast

Dominica

Puerto Rico

Uganda

What is a Letter of Credit?

A Documentary Letter of Credit is a guarantee

of from the issuer (i.e. issuing bank) to the

beneficiary that the issuer will pay the benefi-

ciary money when the beneficiary provides

certain documents to the issuer in a certain

manner time and place. A documentary letter

of credit is issued by a bank or a financial

institution. The letter of credit assures the

supplier (beneficiary) that they will receive

payment up to the amount stated in the

letter of credit, provided that the beneficiary

makes a compliant document presentation.

Documentary letters of credit are mostly

used in international transactions, where the

buyer and seller have yet to establish a strong

relationship and/or operate in different coun-

tries.

OUR ISSUERS

IDB

BANK LEUMI

HANAMI BANK

HSBC

BNP PARIBAS

DBS BANK

OCBC BANK

UCO BANK

DASH SING BANK

STANDARD CHARTERED BANK

HABIB BANK

BANK WINTER

STERN BANK

US CREDIT CORP

STANDARD COMMERCE BANK

EUROPA BANK PLC

ANAMETRICS

CROWN FINANCIAL MERCHANT BANK

When an applicant takes advantage of a documentary letter of credit, he frees up

capital that would otherwise be tied up with the beneficiary the form of a security

deposit. Due to this ability to boost an applicant's cash flow, documentary letters

of credits are a very important aspect of international trade for deals of all sizes.

What is a Stand By Letter

of Credit ?

It is a guarantee of payment issued by a

bank/Financial Institution on behalf of a

client that is used as payment in case of

default by the applicant.

Standby Letters of Credit are issued for

use in a wide variety of commercial and

financial operations.

Standby letters of credit are very much

alike documentary letters of credit, their

main difference is that unlike DLC’s, they

only become operative in case the appli-

cant defaults, then the beneficiary in

whose favor the SBLC was issued, can

draw on the SBLC and demand payment.

Standby letter of credit protects the sell-

er. Standby letters of credit are a very

flexible tool, making them a suitable

product for securing a wide range of pay-

ment scenarios. OUR ISSUERS

BANK WINTER

STERN BANK

STANDARD COMMERCE BANK

POINT BANK

CROWN FINANCIAL MERCHANT BANK

ANAMETRICS

EUROPA BANK PLC

1. Filled in application form

(Download)

2. Verbiage (if any)

3. Trade license of your company

(in English)

4. Share Holders List (in English)

5. Passport copy of main applicant

6. Three years audited balance sheet

7. Six months latest bank

statements

Documentary Requirements

for Stand by Letters of Credit

BREAKDOWN OF SBLC TYPES

PERFORMANCE STANDBY backs a commitment to perform

other than to pay money/funds and includes an obligation to pay for

loses occurring from a default of the buyer in the process of

completing an underlying transaction.

ADVANCE PAYMENT STANDBY supports an obligation to

account for an advance payment made by the supplier to the buyer.

BID BOND or TENDER BOND STANDBY backs up an obligation

of the buyer to execute a contract if the buyer is awarded a bid.

COUNTER STANDBY backs up the issuance of another, separate

standby letter of credit or other undertaking by the supplier of the

counter standby.

FINANCIAL STANDBY supports an obligation to pay funds,

including any instrument evidencing an obligation to repay borrowed

money.

INSURANCE STANDBY supports an insurance obligation of the

applicant.

COMMERCIAL STANDBY backs up the commitment of a buyer

to pay for goods or services in the event of nonpayment by other

methods.

DIRECT-PAY STANDBY intended to be the primary method of

payment. It may or may not be linked to a default in performance or

payment.

What is a Bank Guarantee A Guarantee is a promise of payment from the Guarantor to the Beneficiary that the Guarantor will pay

the beneficiary when the beneficiary submits certain documents or makes a specific demand to the

Guarantor in a certain manner time or place.

Guarantees provide comfort to the beneficiary; in case the applicant fails to meet his obligations (either

financially or by performance) as per the contract made between the applicant and the beneficiary, the

beneficiary will have the guarantee to turn to for payment.

Having a guarantee issued in support of a client’s transaction can help the client grow and expand their

business by postponing current payments for goods and/or services to a later date, provide comfort to

buyers, allow clients to bid on transaction , without requiring that ITF’s clients tie up their available cash.

OUR ISSUERS

BANK WINTER

STERN BANK

STANDARD COMMERCE

BANK

POINT BANK

CROWN FINANCIAL

MERCHANT BANK

ANAMETRICS

EUROPA BANK PLC

TYPES OF GUARANTEES

BID BOND is a debt secured by a bidder. In effect, it serves to secure

the bidder's investment in the project and to discourage bidding by less

serious players. A bank guarantee could be presented as a partial

alternative to the financial capital typically required by a project owner.

PERFORMANCE BOND or CONTRACT BOND is utilized in the real

estate industry to make sure a contractor completes a designated project.

A performance bond is issued by a bank, insurance company or a financial

institution in favor of a beneficiary by order of an applicant, against the

applicant’s failure to meet its obligations as per an underlying contract. A

performance bond often covers 100% of the contract value and can replace

a bid bond when the applicant has been awarded a contract.

ADVANCE PAYMENT GUARANTEE or ADVANCE PAYMENT BOND is

an agreement where an issuer undertakes responsibility to return an

advanced payment to the buyer, should the seller fail to meet his

obligations.

PAYMENT GUARANTEE mitigate credit or country risk when the

supplier ships the goods on an open account basis, which is to say, before

receiving payment. Payment guarantees are typically issued to cover debts

in cases of non-payment arising under a transaction or over a period of

time. The instrument's wording is based on the terms outlined in the

original debt agreement between the applicant and the beneficiary. The

applicant will make a repayment based on these terms. Sometimes a

payment guarantee can be backed with collateral, such as property or asset

that is pre-approved by the lender.

Documentary

Requirements for

Bank Guarantees

1. Filled in application form

(Download)

2. Verbiage (if any)

3. Trade license of the

company (in English)

4. Share Holders List

(in English)

5. Passport copy of the

major shareholder

6. Three years audited

balance sheet

7. Six months latest bank

statements

READY, WILLING AND ABLE MESSAGES We provide ready willing and able (RWA) letters for our clients, usually via

MT799 message. It is a document is issued by banks or financial

institutions on behalf of clients, demonstrating intent and capability (both

financially and legally) to enter into a financial transaction.

RWA’s are often also referred to as bank comfort letters.

PROOF OF FUNDS

is a document or bank statement

that demonstrates that a person

or a company has the ability and

the money to finalize a

transaction. Its purpose is to

ensure that the financial ability

required for the transaction is

procurable and legitimate.

It is often used for funding

projects that require large

amounts of money to invest in,

specifically real estate transac-

tions.

By issuing a proof of funds, the

bank approves that the entity or

person has the quoted funds or

facilities available with them.

During the finalization of a

transaction, the applicant

presents the Proof of Funds to

the beneficiary, assuring them

that the buyer has the where-

with all to participate the trans-

action.

SWIFT MESSAGES

FINANCIAL INSTRUMENTS ISSUANCE PROCESS

1. After acquiring all the requisite documents / information, we

will be selecting the issuing bank / financial institution that

best suits the client’s transaction and arrange a draft for

review.

2. Upon receiving the draft copy of the instrument, the client

must thoroughly review the draft for any corrections,

additions or removal of information. Should there be any

amendments, we can amend the draft accordingly to match

their preferences and include all possible amendments. Once

the draft is approved, the client must send us a signed and

stamped copy of the draft and marked as “approved for

issuance”.

3. We will then raise the invoice for the agreed upon charges

(these charges include margin money, interest, processing

fee and professional charges). The client must make the

remittance against the invoice.

4. Only after we receive the payment for the raised invoice, the

Issuing Bank / Financial Institution will issue and relay the

financial instrument through swift within 48-96 Hours after

remittance.

5. Simultaneously we will send the issued copy through email

for the client’s reference and record.

Downloadable Forms

LC Application Form

SBLC Application Form

BG Application Form

POF Application Form

RWA Application Form

Pre Advised Application Form

Performance Bond Application Form

Tender Bid Application Form

Y4F Programs and Procedures

Finance when you needed most

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