Due to the large trade profits PPP has the ability to deliver, banking can be a difficult subject as many banks struggle to understand the business model and payments can get stuck with compliance or anti money laundering. for extended periods, causing issues. Any large sum can trigger a Suspicious Activity Report (SAR) which can last six months, freezing your account!
The sums payable from the trade program are enormous, but you need a home for them.
FROM THE TRADE GROUP
To assist our Introducers & their clients, we are pleased to offer Corporate and/or Personal Bank Account facilities which will help with providing banking for large amounts (up to 50m per day which can be increased). This is a true TRADE FINANCE ACCOUNT with a Tier 1 bank in the UK.
KEY FEATURES
- True Trade Finance account
- Documentary Letter of Credit (DLC)
- Standby Letter of Credit (SBLC) with monetization Buy or Lease
- Bank Guarantee (BG)
- SWIFT – daily SWIFT limit of US$50 million.
- IBAN in your own name for incoming & outgoing funds
- Third-party payments through SWIFT, SEPA and SEPA Instant
- MasterCard – Debit card
- Remote account opening and onboarding – no need to travel to the UK/Europe
- Extremely low fees – all payable to the bank
- No minimum required to open the or maintain the account
Opened within 14 days