Monetizing bank instruments is the process of liquidating bank instruments by converting them into cash. Opulentus PF have developed relationships to Monetize Bank instruments for our clients by arranging the monetization against owned bank instruments such as:
You can monetize your financial instrument and use it to provide capital for your business, or use it creatively to finance specific development projects. We can go a step further and introduce monetised banking instruments into trade in order to generate further funds. We have a number of service providers that can monetize the issue of BG / SBLC and facilitate trading with the monetization amount. Using the right financial instrument can be arranged based on the information we receive from you including the financial needs of your bank.
The SBLC providers—usually a corporation, financial institution, or government—advances a sum of money to the borrower. In return, the borrower agrees to a certain set of terms including any finance charges, interest, repayment date, and other conditions. In some cases, the lender may require collateral to secure the loan and ensure repayment. Loans may also take the form of bonds and certificates of deposit (Cds).
To monetize a bank instrument, you must be in possession of the SBLC, MTN, LC or BG, which must be paid for through a custodium account prior to requesting monetization