FAQ

IS IT OK IF I SEND A COPY OF MY BANK INSTRUMENT FOR YOUR VERIFICATION?

No. Due to the amount of inquiries we receive. The Bank Instrument must be issued from a  A+ rated Bank in a rated Jurisdiction. But if the instrument is already issued then YES you have to send a copy of instrument and full CIS-KYC of the owner of instrument.

IF A BANK IS A DIGITAL ONLINE BANK, DOES IT QUALIFY FOR MONETIZING AND TRADING?

No. You should move your account to an A Rated or AA Rated bank.

​CAN YOU TELL ME WHAT THE RETURNS WILL BE?

No. Only brokers and rep’s give that kind of information to the potential clients and they are often not realistic. It is against the law to quote actual returns from a trading platform or to provide written or verbal amounts outside of the actual contract. That is why the term “historical returns” are quoted.

WHEN YOU RECEIVE THE TRADE CONTRACT ARE YOU UNDER OBLIGATION TO AGREE TO IT?

No. The client is not under any obligation to accept the terms or the ROI’s that will be provided in the verbiage of the trade contract.

DO YOU ACCEPT LTN’S OR BONDS FOR MONETIZING AND TRADE?

There are occasional programs available for LTN’s, please contact us for availability. ​The bonds would need to be on Euroclear and sometimes the trader will pay the costs involved.

The most important thing is REALITY! NO ASSIGNEES, OR BENEFICIAL OWNERS, etc. FULL KYC, including tax receipts, and full set of bond documents are required.

Note: We do not accept historical bonds.

​CAN I MONETIZE WITHOUT TRADING FOR 40 WEEKS?

Yes. We have Monetizers for Bank Instruments either Leased or Purchased. The LTV depends on the rating of the issuing Bank 35-50% for Leased Instruments, Up to 80% for owned Instruments. Again these numbers are not final, the LTV will depend on the rating of issuing bank and nature of bank instrument too.

CAN I USE A GENERIC KYC PACKAGE?

No. The KYC Package must be the one supplied by us. All KYC Documents must be with current date. Packages more than 3 days old will be rejected. Client has to provide the copy of passport first.

​DO YOU PROVIDE A BULLET THEN A 40-WEEK TRADE?

Depends on the program you are entering and if a bullet is available, in a lot of cases yes but not always.
If a bullet is available you would be notified after passing compliance.

DO YOU PROVIDE WEEKLY PAYOUTS?

​Yes, almost all programs are weekly payouts, unless stated differently in contract.

​CAN I RECEIVE AN ADMIN HOLD TO BLOCK OUR FUNDS?

Yes, The admin hold/block will in favor of the trader for the term of the trade when it is released unencumbered and without liens back in favor of account holder.

DO YOU ACCEPT HERITAGE FUNDS FOR TRADING?

Some of our Traders accept those and Yes, providing you can produce an up to date bank statement and have access to the funds and they are not in a sub account.

​CAN YOU TRADE BLOCKED FUNDS?

​No, the funds must be free and unencumbered.

CAN YOU ACCEPT A MT-760 FOR TRADE?

​Yes, but must be cash backed and from an A rated or AA rated bank.

​WHICH IS AN ACCEPTABLE BANK?

Bank must be a minimum B+ rating in a rated Jurisdiction, with the ability to issue either an MT760, 799, 542 or an admin hold or block.

CAN I SEE A DRAFT COPY OF THE CONTRACT BEFORE I SUBMIT MY DOCUMENTS?

​No, The contract is strictly confidential between the client and trade group and can only be issued after client has passed compliance.

WHAT IS THE PROCEDURE, HOW LONG DOES IT TAKE?

There is a set procedure to follow:

1.) Submit a KYC (Know Your Client) package, complete with a copy of your passport and either a Bank Statement, or a copy of the Bank Instrument.
2.) The compliance department will complete due diligence on yourself and the funds or Bank Instrument which takes between 5-7 working days depending on how busy they are.
3.) If you pass compliance a contract will be issued.
4.) If required there will be a call between between yourself and the compliance department to answer any questions you may have.
5.) You sign and return the contract.
6.) You contact your bank to either issue the required swift or put the admin hold block in place. This can take between 2-5 days depending on the Bank.
7.) Once the swift or block is in place the trade would start usually within  72 hours.

HOW DOES THE ADMIN HOLD OR BLOCK WORK?

The funds or Bank Instrument is blocked in favor of the trader. The trader uses the asset to draw a credit line from his bank to trigger the trade. At the end of the trade term the block is released unencumbered bank to the asset owner.

IS THERE ANY RISK INVOLVED?

No, the Funds or Instrument are only used by the trader to draw a credit line and are left unencumbered.

​IS IT POSSIBLE FOR THE PRIVATE INVESTMENT PROGRAM TO LOSE OR HAVE A POOR RETURN?

No. As mentioned in the previous Q/A every trade has a net positive return. Typically the minimum spread is 10% or more. So for every $100MM trade of bank notes the Private Investment Program will make 10% or more. It is not possible for the trader or investor to lose. It is not possible for the trader to make less. Every trade has a known net positive return before the trade is made. Traders will make these trades hourly and daily, so over a month period the 50% to 100%plus return is assured for the investors. The traders make double those numbers, however they split the profits with the investor. The exact information will be mentioned in the contract once you get it from trader.

HOW CAN THE RETURNS BE AS ATTRACTIVE AS REPRESENTED?

Private Investment Programs only trade prime bank notes by arbitrage. What arbitrage means is that the buy and sell contracts have to be “in hand” before the trade of the discounted banknotes take place. This is the safest way to trade because the deal is done before the deal takes place. This is all done by the trader for the Private Investment Programs. Since in the Private Investment Program traders only buy notes when they have a buyer at a higher price every trade has a net positive gain due to the “controlled trading” practices. There is zero risk to the Program traders, and zero risk to the bank, and zero risk to the investor