Process
From application to SWIFT issuance.
A structured onboarding and issuance workflow designed for institutional counterparties, documentary discipline and compliant trade finance execution.
Phase 1
Onboarding & compliance
Every matter begins with structured intake, identity verification and commercial assessment before any instrument is structured or routed.
Initial enquiry
The client submits an enquiry or completed instrument application form, identifying the requested service, transaction purpose, instrument type, beneficiary and expected timeline.
Document intake
We request corporate documents, beneficial ownership evidence, trade licence, shareholders list, applicant identification, underlying contracts, pro forma invoices and counterparty details.
KYC/KYB & compliance screening
Identity verification, corporate profile review, sanctions screening, PEP/adverse media checks, source of funds assessment and commercial rationale validation are completed.
Structuring & route selection
We identify the suitable instrument type, draft terms, execution route through our institutional network, indicative costs, timing and required approvals.
Client approval
The client reviews commercial terms, fees, documentation obligations and execution conditions. Approved draft instruments are signed and returned.
Pre-issuance confirmation
Final commercial terms are confirmed, invoice raised for agreed charges and settlement instructions provided before issuance proceeds.
Phase 2
Issuance & delivery
Once onboarding is complete and commercial terms are agreed, the instrument proceeds through our structured issuance workflow.
1. Route confirmation
After receiving all required documents, we select the appropriate issuing institution and finalise the instrument draft for client review.
2. Draft approval
The client reviews the draft wording. Amendments are made as required. The client returns the approved draft, signed and stamped.
3. Invoice & payment
An invoice is raised for agreed charges including margin, processing fees and professional charges. Issuance proceeds upon confirmed payment.
4. SWIFT transmission
Upon payment confirmation, the issuing institution transmits the instrument via SWIFT, typically within 48 to 96 hours depending on the instrument type and route.
5. Confirmation
SWIFT confirmation is delivered to the receiving bank. The client receives confirmation and a copy of the transmitted message for their records.
6. Record keeping
Transaction records, correspondence and instrument copies are retained for audit, compliance and ongoing relationship management.
Documents required to begin
- Completed instrument application form
- Instrument verbiage required (SBLC & BG) or pro forma invoice (DLC)
- Trade licence or certificate of incorporation
- Shareholders list and corporate register extract
- Passport copy of the main applicant / authorised signatory
- Underlying contract, purchase order or tender document
- Beneficiary details and issuing format requirements
Fees & charges
Fees depend on each transaction — including instrument value, validity period, issuing institution and execution route. A completed application form or pro forma invoice is required before we can provide an indicative cost quotation.
Important
Submission of documents does not guarantee acceptance, issuance, financing, approval or regulatory eligibility. Every matter is reviewed on its own facts and may be declined at any stage.
Ready to begin?
Submit a completed instrument application or contact our team to discuss your transaction requirements.