About our Services.
Transaction Funding & Xchange Facilities ―
3rd Party Transaction.
Service Buyer (You) have
established 'transaction/s' with 3rd party/s to exchange performance & payment — under condition — Xchange Facility
establishes Your bankable proof of transaction performance '(PoF)
before' or 'after' establishing 3rd Party bankable proof of transaction
payment guaranty/s (PoG).
To fulfill Service
Buyer performance — Service Seller (USAsset) to cause $1±Million to
$100+Million Funding via Xchange Facility.
The 'Xchange' Guarantor (a U.S.A. Trust-Escrow
Bank) to open Account Agreement with Service Buyer & Seller to
facilitate transaction/s —
Guarantor/s = issue/paying U.S.A. bank/institution name+city, with services & creditworthiness effective for purpose intended. Commitment/s (proof) = a Guarantor/s commitment that becomes an effective Commitment when match with another Guarantor/s offsetting commitment. Guaranty/s = legally effective bankable instrument/s that guarantee divisible payment of $amount in certain funds directly & automatically to the holder/s at certain event &/ time/demand. Funding = Xchange disbursement of certain Funds at settlement.
Then within 3-days of execution of Bank
Trust-Escrow Account Agreement and Service Fee deposit, Xchange to email advice
Guarantor/s, the below services are open per below sequence:
Proof = Within 10-days, Xchange to receive via email, verify, & advice the Guarantor/s 'before' "Commitment/s" are effective to match — then within 10-days, verify 'after' commitment/s match/offset — then
Clear = Within 5-days, Xchange to facilitate the final Guaranty document/s between Guarantor/s; then 'email advice' Guarantor/s to transfer to custody — guaranty/s then funds in response; then
Settle = Xchange, prior to 28-day Service Period expiration — to exchange the Payment Guaranty/s face pay amount in Funds (i.e. 80±% USDollars & 20±% Guaranty/s); less any applicable amounts per Service Terms & Conditions:
Service Terms & Conditions:
Service Parties to establish a Memo of Understanding
(MoU) — then Service Buyer to pay Service Costs in response to Service Attorney conditional undertaking
to facilitate an Account Bank Trust-Escrow (Xchange guarantor) Account
Agreement effective with the MoU and Service Terms & Conditions.
Service Costs = Service Buyer to pay via Service Attorney prior to work — Service Costs of $25±Thousand if 'after PoG', or $50±Thousand 'before PoG' —
Service Fee = Xchange pay from Service Buyer escrow deposit, subject to default condition — PoF after PoG = 1% of PoG (minimum $100±Thousand) or PoF before PoG = 6% of PoG (minimum $250±Thousand).
Transaction Cost = Xchange pay from Service Buyer USD funding; any Costs due or to reimburse Service Fee paid costs as mutually accepted. If default initial transaction, pay transaction costs from Service Fee.
Transaction Fee = Xchange pay from Service Buyer funding proceeds per Service Seller instructions —
- PoF after PoG = 12% for 1-year or 1.5% for each 28-day service period — ($150±Thousand minimum); or
- PoF before PoG = 18% for 1-year or 2% for each 28-day service period — ($250±Thousand minimum).
Rollover Fee = Xchange to pay from Service Buyer Settlement proceeds of prior settlement — Roll-over Fee equal to Service Fee + 50% amount for any & each exchange/event or Pay Guaranty funding.
3rd Party charges = from Service Buyer proceeds; per Service Buyer & Seller instructions; and as agreed between service parties.
Default occurs if Guarantor/s fail
to make/cause legal and effective exchanges with Bank Trust-Escrow, at certain
events &/ times; then Service Fee balance, less any transaction costs be
paid to Service Seller if Service Buyer Guarantor defaults or if Service
Seller Guarantor does not default; or if Service Seller Guarantor does
default, return Service Fee balance to depositing bank.
Change occurs if Service &
applicable Parties mutually make written change.
Closing occurs upon default, payment
of Guaranty/s, certain change, Service Period expiration.
Performance is assured – see About Us.
For Accredited or Sophisticated Service Buyers Only
Subject to change.