Most common asked questions
Q. Is it mandatory that a client has a project to enter into a trade program?
A. NO. In most cases the trade group already has projects in place. In a few cases there may be
a JV agreement required between the client and the trade group for project funding.
Q. Is it OK if I send a copy of my bank instrument for your verification?
A. NO. We are busy servicing existing and new clients.
Q. If a Bank is digital online Bank, does it qualify for monetizing and trading?
A. No
Q. Can you tell me what the exact returns will be?
A. NO. By law only historical returns can be quoted.
Q. When the clients receive the trading contract are they under obligation to agree to it?
A. NO. If there is something in the contract that causes an issue it should be discussed with the
trade group immediately.
Q. Do you accept Bonds for monetizing and trading?
A. If the Bonds are on Euro clear then we can assist.
Q. Can I only monetize without trading for 40 weeks?
A. YES. We can Monetize Bank Instruments leased or purchased the LTV depends on the
rating of the issuing bank.
Q. Do you provide a Bullet then a 40-week trade?
A. Once the client has passed compliance, if a Bullet becomes available they will automatically
be offered that program.
Q. Do you provide weekly pay outs?
A. Most programs offer weekly pay outs.
Q. Can the client receive an admin hold to block their funds?
A. Yes. For cash funds in an acceptable bank we can use an admin hold or block in favor of the
trader for the term of the trade, the block is then released unencumbered back to the client.
Q. Do you accept Heritage Funds for Trading?
A. Yes provided the client can produce an updated bank statement and prove they have access
to the funds. Cannot work with Sub Accounts.
Q. Can you trade blocked funds?
A. If funds are already blocked they will not be eligible for trade, the funds must be blocked in
favor of the trader, we may be able to monetize block funds in some cases.
Q. Can you accept a MT-760 for trade?
A. Yes Provided it is issued from a Top Rated Bank.
Q. Are corporate and individual BG’s acceptable to trade?
A. Yes as long as the applicant is the signatory
Q. Which is an acceptable bank?
A. Must be at least a B+ Rated Bank in a Rated jurisdiction usually top 100 world banks, we can sometimes accept lower rated banks subject to available program, but all banks must have the ability to send a swift.
Q. Can you send me a copy of the trade contract?
A. NO, The trade contract is not generic and is issued to the client only after passing
compliance, it is a confidential agreement between the client and trader.
Q. Can a JV partnership enter a Trade Program?
A. The applicant for the trade must be the signatory on the account.
Q. What is the procedure to go further and see if I am eligible to participate?
A. We require the completed and signed KYC package and Proof of the Asset.
REMEMBER: It is a privilege and not a right to enter in a trade program and more clients get refused than accepted for a number of reasons.
THE 12 MOST COMMON REASONS WHY INVESTORS ARE REJECTED
1. They are in contact with people who say they are the platform and they are not.
The trade platform will not speak to clients until they have passed compliance.
2. They don’t have the funds or they have bought or leased a POF and of course they cannot
invest what they do not have. The client must have legitimate owned cash funds in their
account.
3. They don’t have the Funds in an “acceptable” bank. They have the money in an offshore
bank that don’t allow the verification “bank to bank” or in a bank that is not recognized for any
bank authority.
4. They don’t have full control of the funds (or the asset), They do not have the right to block the funds or the Instrument. They cannot issue the required Swift because they are not the
owner of the asset.
5. They don’t have a good explanation from the origin of the Funds. The money must be clean,
clear and non-criminal origin and free of any liens.
6. They do not have workable assets. In a lot of cases the assets are not good for trading
because they are not issued from a Top Fifty World Bank or in an acceptable jurisdiction.
7. They try to proceed according to their own rules and this is not the way to enter in Private
Placement Program. The rules and procedures are set by the trader and are the same
for everybody, if the investor can not comply, the investor cannot participate. It is a Privilege not a right to enter a trade program.
8. They do not collaborate enough with the Trader or the Trading Group. Once a client is
accepted into a trade program they need to be in constant contact with the trader.
9. They delay the delivery of documents or send non confirmed documents.
Once a client has passed compliance they are required to provide any additional documents
and complete the blocking of the instrument of send the required swift in a timely manner.
10. They fail to complete the documents correctly and disclose important information
Full disclosure is required; if they are trying to hide something you can sure that it will be found out.
11. They are on a “Black List” or under investigation. These are the main reasons why a
potential client cannot pass compliance or Due Diligence and will not be able to enter into trade.
12. They shop there documents around to more than one Trade group. The trade groups work
closely together and if a package is sent to more than trade group it will be known, and this will cause the client to be blacklisted by all.