Leased Bank Guarantee
Leased bank guarantees tend to be very expensive; fees can run as high as 5% of the guarantee amount every year. The fee usually consists of an initial setup fee and an annual fee, both of which will be a percentage of the dollar amount that the issuing bank “guarantees” (or covers) in the event that the company is not able to promptly pay its debts.
Funny SA
Our journey started back in 1992. we tend to started regionally here in England and European country and slowly expanded towards Asian country’s specializing in international bank guarantee and financial instrument consulting. We are resourceful SBLC Provider company with a portfolio of quality assets handle by a leading expert teams. Our resource is from diamond trade, stock market and real estate with excellent technical, commercial and financial skills.
RWA/Swift MT799 & MT760
Ready Willing and Able Letter (RWA) is a document issued by a bank or financial institution on behalf of their clients. It demonstrates the intent and capability of the clients to enter into a financial business transaction both legally and financially. If the transaction fails, the liquidation charges will be returned unconditionally to the borrower plus attorney fees and 2% failure penalty.
Leased Standby Letter of Credit
Lease standby letter of credit is a bank’s commitment of payment to a third party in the event that the bank’s client defaults on an agreement. It is a “standby” agreement because the bank will have to pay only in a worst-case scenario. A SBLC is most often sought by a business to help it obtain a contract and loan.
Back-to-Back Letters of Credit
Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a transaction. A back-to-back letter of credit is usually used in a transaction involving an intermediary between the buyer and seller, such as a broker, or when a seller must purchase the goods it will sell from a supplier as part of the sale to his buyer.
We focus on our financial skills.
We know our core credibility, financial capability and our strong finance with top rated banks. Most Importantly, we stay focused.
BANK GUARANTEE
Bank guarantee is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer..
SLOC/SBLC
A standby letter of credit is a bank’s commitment of payment to a third party in the event that the bank’s client defaults on an agreement.
ILOC
An ILOC (irrevocable letter of credit) is official correspondence from a bank that guarantees payment for goods or services being purchased
Services
Standby Letter of Credit
A financial SBLC Providers guarantees payment for goods or services as specified by an agreement. An oil refining company, for example, might arrange for such a letter to reassure a seller of crude oil that it can pay for a huge delivery of crude oil.
Bank Guarantee
The bank guarantee means a lending institution ensures that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A bank guarantee enables the customer secure a loan from the bank.
Letter Of Credit
Due to the nature of international dealings, including factors such as distance, differing laws in each country, and difficulty in knowing each party personally, the use of letters of credit has become a very important aspect of international trade.
Access and privileges of our service
Asset Backed Security
International Funds
Investment Finance
Financial Guarantor
WHAT WE DO...
We offer a variety of services to our clients including
FINANCIAL PLANNING MARKET RESEARCH
A financial plan is most generally, a budget or plan for handling cash flow. Financial plans can allocate income to expenses and help to plan for savings. This can also involve borrowing cash, as through a loan. More specifically, it is a strategy which is personalized, given the client’s financial situation to meet a client’s specific goals.
STRATEGIC FINANCIAL PLANNING
Strategic financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Usually, a company creates a financial plan immediately after the vision and objectives have been set. The financial plan describes each of the activities, resources, equipment and materials that are needed to achieve these objectives.
FINANCIAL MANAGEMENT PLANNING RESOURCES
Financial management involve more than just cash flow. Whatever your needs are, managing multiple locations, merging new business, enhancing purchasing decision-making, managing inventory or handling complex accounting functions. our financial solutions improve processes and streamline operations. Our unique implementation methodology allows us to take the time to understand your business while providing the best solution.
GLOBAL FINANCE CONFLICT MANAGEMENT
Under difficult market and societal conditions, the players in the financial industry are under heavy pressure to produce results. The pressure can quickly lead to strong internal frictions and open conflict within and between teams. Situations and dynamics which are detrimental to the institution‘s success, specifically under these critical conditions. Our company have worked with this global finance institution to identified the sources of conflict, ways to manage and resolve it.
FINANCIAL LEADERSHIP
Our firm financial leadership series is run in partnership with top investors and rated banks in the world. Centered role of the finance professional, drawing on robust leadership research and grounded in the challenges that finance professionals face. This course is highly interactive using a mix of practical experience, research and best practice. Attendees gain the skills and expertise to take them to the next stage of their leadership journey.
FINANCIAL PLANNING
Risk management is intended to provide financial security through the use of financial strategies, tools and services. These are used in the attempt to mitigate large financial losses if and when they occur. A comprehensive risk management strategy will include the consideration of personal, property and liability risks. The above examples, can drain all of your financial resources, ruining your way of business and undermining your financial plan.
OUR GOAL
We assist businesses to make better financial future and help them prepare for the unexpected. We have been building a strong reputation on solid management, sound decisions and consumer confidence from the beginning. Accomplishment goals by being one of the world’s leading financial companies providing BG and SBLC investments.
LEASED BANK GUARANTEE
A leased bank guarantee is a guarantee, which is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the client or company, looking to secure the lease or purchase bank guarantee.
BACK-TO-BACK LC
Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a transaction. A back-to-back letter of credit is usually used in a transaction involving an intermediary between the buyer and seller
ILOC
An ILOC (irrevocable letter of credit) is official correspondence from a bank that guarantees payment for goods or services being purchased by the individual or entity, referred to as the applicant, that requests the letter of credit from an issuing bank.
Funny SA is a genuine company that have the best interest of it clients, They are so secure in dealing with and come through at their given time. They have helped my business that was once collapsing and now it back and running again stronger that ever, all thanks to Funny SA.
Liu Jing-sheng Partner South Korea January 24, 2018
Thanks for doing a great Job Funny SA you saved me and my partner from so much lost, you are indeed a great and honest person. Your service is highly appreciated. Thanks you so much.
Huang Jiao-long Chairman China February 6, 2018
I am so glad i got to deal with Funny SA financial company, I am happy i took a bold step even when I seems to have some doubt because of I have had some bad experience with some other company before but on the 5th of February Funny SA delivered the standby letter of credit to my company account which I confirmed with my bank, It was miracle to me because some many company talk and fail but Funny SA talk and deliver.
Chen Cheng Manager Hong Kong February 8, 2018
I and my team began communication with Funny SA few months back and requested bank guarantee for our firm. I and my team followed the steps in the DOA with a good faith, although we had so doubt due to our past experience with some other company since the procedure requires us to pay an upfront fee regarding sblc service but we went on with the contract in good faith, now looking back from the time we started to where we are today, and the success we’ve enjoyed since discovering a company like Funny SA, it’s been amazing to deal will such a good and reliable company as Funny SA!
Zheng Mao Ye CEO China March 15, 2018
Thanks for a great interaction and service over the months. you are excellent with financial service. You are a great and excellent financial providing company...... serious CEOs and business owners will not regret doing business with your company. It has been key to getting me a loan for my projects today -- I believe in significant service always.
Anderson J. Perez President USA March 19, 2018
Through a one time financial service from Funny SA I was able to increase my business in the first 3 months from $36 million to over $57 million in sales in my real-estate business. Then to over $100 M in the next few months. Thanks for your service.
Abidli Samir Managing Director Italy March 22, 2018
Funny SA has allowed our company to focus on our top priorities for the year. With the use of the Standby letter of credit, we are better and this has improved our company performance and trade results.
Banerjee Khandelwal Director Turkey March 28, 2018
Just wanted to let you know our first business was a huge success due to your efficent service!! Your help certainly was beneficial in its success!! Thanks again for all of your help
Lee Chun Chairman Thailand April 4, 2018
For the first time we have a clear company goal with partner working towards that common goal. We are extremely excited to continue working with Funny SA in the future.
Choeung Lin CEO Taiwan April 10, 2018
很高兴和戴维斯一起工作，如此愉快，如此礼貌和诚实。我不能说他。我与许多其他代表一起工作，他肯定在名单上名列前茅，随时可用，并准备好为我的最佳利益工作。他每天都在我身边，我真的很感激他的时间和精力。听取我的建议，让Funny SA有机会为您或您的公司提供金融工具，您不会后悔。感谢Funny SA为您提供的所有服务。
Wakisaka Isei Manager Japan August 6, 2018
We’d like to thank, acknowledge and recommend Funny SA for help making our projects a success. Davis was very helpful throughout the whole process. He was always very responsive to emails/call's, provided suggestions for other services and was always on time. Funny SA is a very professional and wants to ensure that you enjoy a smooth purchasing experience. The fact that this is the first ever review that we’ve posted speaks for the fact that we highly recommend Funny SA. They will definitely look after your business and has your company interests at heart. They have even provided additional support for our project which has been much appreciated. Thanks Funny SA.
Gabriel Mendonça CEO Portugal August 15, 2018
Davies는 매우 전문적이고 유익하고 지식이 풍부했습니다. 우리는 그와 다시 확실히 일할 것입니다. 성공적인 발급에 도움을 주셔서 감사합니다. 나는 너 & Funny SA와 함께 일하기를 고대한다.
Sung Chung-Ho Executives South Korea September 3, 2018
Davies and Funny SA have been extremely helpful to me and my company. Funny SA has allowed me to reach my company goals this year to finish up my project with the financial service their office provides. That feedback helps prospective patients seeing how much interest we got and how satisfied our investors are, we are indeed happy doing business with Funny SA. Thanks!
Tan Xieren Financial Manager (VIBETOP HOLDINGS PTE LTD) Hong Kong September 11, 2018
金融サービスの絶対的なベスト！私たちのオフィスは多くの忍耐と指導を必要とし、 私たちのニーズへの彼らの注意は勝てません！私たちはFunny SAを誇りに思っており、 彼らとビジネスをすることは、会社が経験できる最高のものです！
Miyano Katsumoto President Japan September 17, 2018
Love these guys! In 14 days we got 200 Million SBLC in our bank (Agricultural Bank of China)! WE couldn't be happier with the success of this transaction and what it has done for us.
Buppakorn Kongsangchai Chief Executive Officer Thailand September 20, 2018
I have nothing but good things to say about this service, and their representative was extremely prompt in providing me with all information need to secure SBLC and my bank received it faster than i expected. Thank you to Funny SA for your assistance and follow up, it was GREATLY appreciated.
Erhard Schöner Manager Germany September 25, 2018
Wonderful company, always easy to reach! Highly recommend.
Xiong Guanyu Director China October 2, 2018
Financing every area of your business!
For secure Bank Guarantee (BG) for your project or establish line of credit with your bank, we got it all covered.
GET IN TOUCH...
To know about our services and process, send us a message.
Address
Office: Piazza Boffalora 4, 6830 Chiasso, Switzerland.
Phone Number: +41 44 508 75 56
Skype: Click to Message Us on Skype!
Email: [email protected]
Official Website: www.funnysaswiss.com
Work with us
Funny SA is a resourceful SBLC Provider with intense knowledge of the global power logistics in helping our clients to navigate through financial difficulty with payment guarantees.
