MO, M1, OFF LEDGER FUNDS, MANUAL DOWNLOADS.
Party-A Sender Party-B Prosperity
- Sender sends in his KYC/CIS, DOA and other documents needed for the transaction.
- Party-A provides either a BCL or RWA verifying it willingness to assign the SBLC to PABCS and send an MT760 to specified Bank Account
- Sender and Receiver execute, sign and seal a Partnership Agreement, provided by PABCS, which thereby automatically becomes a full commercial recourse Contract
- Partnership agreement will assigns and give authorization to use bank instrument and ATV included in the agreement.
- Party-A’s bank sends RWA signed and sealed by two bank officers to PABCS (RWA provided by Prosperity),
- Party-A’s bank sends a Ready Willing, and Able letter to Prosperity stating their RWA to send the MT760 to Prosperity’s Bank,.
- Party-A to assign Bank Instrument to Prosperity for one year and one day.
- Party-A’s bank sends the MT760 to PABCS bank..
- Prosperity activates its line of credit for the instrument’s monetization and placement into our PPP to fund the clients humanitarian and investment projects.
- SBLC is returned to Party-A after one year.