OUR COLLATERAL SERVICES
Solutions for Individuals and Businesses
COLLATERAL MANAGEMENT & ENGAGEMNET AGAINST BANKING INSTRUMENTS
An Essential Financial Solution
OFFSHORE BANKING COLLATERAL MANAGEMENT
Accuracy, Timeliness and Attention to Detail
EXCHANGE TRADED FUND COLLLATERALS
We Walk You through Every Step
DOCUMENTARY FINANCIAL CREDIT INSTRUMENTS
To Know more about the Ins and Outs Set Appointment with Our International Legal Counsel
BANKING INSTRUMENTS
Bank Instrument means any guarantee, indemnity, letter of credit (including any Import L/C and any standby letter of credit), tender bond, bid bond, performance bond or advance payment bond or any instrument of a similar nature (whether entailing autonomous, primary liability on the part of the issuer, or accessory
COLLATERAL'S ROLE AS A GUARANTEE AGAINST BANKING INSTRUMENTS
This is for your acknowledgement,
Before a Banking Instrument Issuance by a Bank. Which would be issued by a bank to you a Financial Cash backed Credit Instrument to facilitate for you, it wants to know that you have the ability to repay it. That's why many of them require some form of security. This security is called collateral, which minimizes the risk for lenders by ensuring that the borrower keeps up with their financial obligation. The borrower has a compelling reason to repay the loan on time because if they default, they stand to lose their home or other assets pledged as collateral.
Loans secured by collateral are typically available at substantially lower interest rates than unsecured loans. A lender's claim to a borrower's collateral is called a lien —a legal right or claim against an asset to satisfy a debt.
In the event that the borrower does default, the lender can seize the collateral and sell it, applying the money it gets to the unpaid portion of the loan. The lender can choose to pursue legal action against the borrower to recoup any remaining balance.
What is Crypto Currency ?
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
What is Meaning of Crypto Currency Exchance
Meaning of A Cryptocurrency Exchange A cryptocurrency exchange works similarly like stock exchanges which helps the investors to buy and sell in digital currencies such as Bitcoin, Ethereum or Tether. These platforms work on digital marketplace such as mobile apps or via desktop functions similarly like e-brokerages.
Why EUCMS Support Ripple ?
Because, Its primary use is to serve as a bridge currency to offer financial institutions a more cost-effective way to exchange both crypto and fiat currencies. However, bridging assets with XRP may carry risks for financial institutions dependent on the Ripple network to supply the necessary transfer liquidity.
What is Ripple ?
Ripple is a payment protocol that uses blockchain technology to process international money transfers. It offers low transaction fees and extremely fast processing times, and it has partnered with hundreds of financial institutions that use its technology.
Why is Ripple called XRP?
XRPL Launches its Native Currency, XRP
In practice, this approach led to many broad uses of “Ripple.” For clarity, the community simply started calling the digital asset by its currency code, “XRP.
XRP is a cryptocurrency and the native token of Ripple, founded in 2011 by Jed McCaleb and Chris Larsen. 2. XRP is pre-mined and has a total supply of 100 billion tokens. XRP is more cost-effective, has faster transaction times, and is less energy intensive than bitcoin.
Exchange Traded Fund
An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other assets, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange the same way that a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities. ETFs can even be structured to track specific investment strategies.
Types of International
Offshore Bonds Function
International Bonds Function
#1 – Eurobond ·
#2 – Foreign Bond ·
#3 – Global Bond
There some Bonds issued for development purposes
by
*Word Bank
*EIB
*ECB
*EBRD
*IBRD
*ADB
These above mentioned Banks issue
1. Green Bonds
2. Sustainable Bonds
3.Sovereign Bonds
An offshore bond is a tax efficient wrapper that can hold a variety of assets, like stocks and shares or mutual funds. One reasons bonds are issued offshore is because this adds the legal and tax shield of a life insurance policy to an investment portfolio. The offshore investment bond can be structured to combine a life insurance policy and a portfolio to create a wrapper that investors can buy, manage and sell their assets through.
There can be potential tax advantages and investor protection advantages when issuing this type of bond offshore.
The closest onshore equivalent is an open-ended investment company (OEIC). Offshore investment bonds, also known as portfolio bonds or wrappers, should not be confused with traditional bonds.
Traditional bonds are fixed income investments where investors lend money to an entity (typically a company or government) which borrows the funds for a defined period of time at a variable or fixed interest rate.
One of the major differences between onshore and offshore bonds is that taxation is deferred within an offshore bond due to low (or no) tax on gains and income arising on the underlying investments during the term of the investment.
An international bond is a debt obligation that is issued in a country by a non-domestic entity. Generally, it is denominated in the currency of its issuer's native country. Like other bonds, it pays interest at specific intervals and pays its principal amount back to bondholder at maturity.
What are foreign currency convertible bonds issued by?
Foreign currency convertible bonds (FCCBs) are a special category of bonds. FCCBs are issued in currencies different from the issuing company's domestic currency. Corporates issue FCCBs to raise money in foreign currencies.
Our Offshore Banking Services
Offshore Bank Account
Having an offshore account simply means you're banking with a financial institution that's not in the country where you live. Anyone can open an offshore bank account, just few Days of work.
Each offshore bank and foreign jurisdiction has its own requirements, so you'll have to do some research to find the specific requirements relevant to your situation. The following is an overview of what you can expect if you decide to open an offshore bank account.
Requirement to Qualify
The Requirement of opening an offshore bank account are similar to opening a bank account in your home country. Offshore banks require your personal information, such as your name, date of birth, address, citizenship, and occupation.
To verify your personal information, you will need to submit a copy of your passport, driver's license, or other identifying documents issued by a governmental agency. Banks are also concerned with verifying your residence or physical address because this may affect taxation. This requirement may be satisfied by presenting a utility bill or a similar document.
Regardless of what type of document you provide, banks will need to make sure it is authentic. A notarized copy of certain documents may suffice in some cases. But other offshore centres prefer an apostille stamp—a special type of certification mark that's used internationally. If this is the case, you will need to visit the government office that is authorized to issue this stamp for your state or nation.
Types of Offshore Account
1. Individual
2. Business
3. Paymaster
4.Escrow
Cross Border Banking
What is a cross border banking?
Cross-border financing refers to the process of providing funding for business activities that occur outside a country's borders. Companies that seek cross-border financing want to compete globally and expand their business beyond their current domestic borders.
Due to on going Cross Border Banking Documents Fraud & money laundering activities Compliance Departments are very much alert on these matter.
Bank Cross Border Policy
Before a bank initiates cross-border e-banking products and services, bank management should conduct appropriate risk assessment and due diligence to ensure that the bank can adequately manage the attendant risks. The bank must also comply with any applicable laws and regulations.
What is the issue with cross border transactions?
Cross-border transactions can be a convoluted and time-consuming process, and can also be halted at any point – causing friction, delays and a suboptimal experience for all those involved. Often this is due to incomplete payment information, Anti-Money Laundering (AML) checks and other fraud screening measures.
What is the most important part of cross-border transaction?
The most important part is to find a cross-border payment solution that will suit your needs for banking transfers to other countries. A client needs to make sure that the terms and conditions of a payment platform, as well as fees for its usage, work for them.
What is SWIFT cross-border payments?
In Cross Border
Banking SWIFT payments are transactions made through an intermediary bank that allows you to send/receive electronic payments internationally. The SWIFT network doesn't actually transfer funds, nor is it a banking system, Rather, it sends payment orders between banks using SWIFT codes.
Why EUCMS has mandatory rules to appoint International Banking Legal Counsel for Clients ?
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Why EUCMS Engage International Legal Counsel ?
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International Banking Law & Practice's Banking Expert Legal Counsel represent overseas clients doing business in the overseas territory.
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Our lawyers serve the international needs of clients in a multitude of industries, including real estate, hospitality, telecommunications, technology, transportation, mining, biotechnology, pharmaceutical, banking and financial services, healthcare and tourism.
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We provide support in the areas of international commerce, international taxation, international litigation, arbitration and mediation, international private wealth protection, corporate transaction management, cross-border technology and communications, government relations in global business and regional regulatory matters.
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What is the work of International Banking Legal Counsel?
International Banking law is a highly-competitive field. Attorneys who practice in this area often work for international Banking Law & Practice the deal with organizations, such as the United Nations or the World Bank. Alternately, international lawyers can work for large firms on cross-border Banking involvements corporations in different countries.
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What is the importance of International Banking Legal Counsel ?
International Banking Legal Counsel
is important for an international issuer to have their own experienced International Banking legal counsel. Lead-managers have their own legal departments and legal counsel, not to be confused with the market's advisory and execution service that those banks provide to the issuer. Documentation is often directed at protecting the lead-managers and investors. An experienced international Banking legal counsel will know where the (largely standardized) documentation leaves room for negotiation that can protect an issuer & Buyers as much as possible. Such counsel can be expensive, as international bonds & Banking Instruments such as Bank Guarantee ,LC, SBLC (etc.)are mostly issued subject to English and abide by US & European Law. It is constructed & governed by International Chambers of Commerce
Collateral Issuance Services
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Who is eligible for collateral loan?
Assets such as private / commercial vehicles, Commercial and Residential Property, Investments like fixed deposits, shares, other financial assets, etc., are eligible to become collateral for the loan from the financial institution.
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What are the collateral requirements?
Collateral Requirement means with respect to Loans an amount equal to 102% of the current Market Value of Loaned Securities which are the subject of Loans as of the close of trading on the preceding Business Day.
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What is the process of a collateral loan?
The process of obtaining this loan typically involves the borrower providing the lender with detailed information about the collateral, including its value, ownership and condition. The lender will then inspect/evaluate the asset in person. Based on the evaluation, the lender determines the eligible loan amount