SERVICE AND INSTRUMENT DESCRIPTION
Leased Key Tested Telex / Telegraphic Key Note Wire Transfer (KTT-TELEX) MT-103 One-Way
The Leased Telegraphic Key Note Wire Transfer MT103 One-Way is an advanced financial instrument delivered through the secure Telex Network for seamless bank-to-bank transactions.
Comprehensive Client Deposit Protection
We ensure the safety of client deposits through three robust layers of protection:
Two Percent (2%) Non-Performance Penalty:
A 2% penalty applies to any party failing to fulfill contractual obligations. This fee is charged if:
- The provider sends a corporate invoice that the beneficiary’s bank fails to respond to or pay.
- The beneficiary’s bank is ready, willing, and able to receive the BANK INSTRUMENTS, but no BANK INSTRUMENTS are delivered by the provider’s bank via SWIFT MT-760, DTC, Euroclear, or Bloomberg.
Refund Deposit Program:
All agreements are bank-endorsed and come with full bank responsibility as an insurance wrap.
- Once a transaction is completed, the endorsing bank takes responsibility for payment before the provider receives any fees from the client.
- Exeter Group is among the few Bank Instrument Facilitators globally to offer 100% deposit guarantees through bank endorsement.
Attorney’s Client Trust Account:
Upon compliance department approval and bank endorsement, all payments are directed EXCLUSIVELY to an attorney’s office client trust account.
- Payment details are provided directly by an Exeter Group compliance officer (CCO) and included in the invoice.
- This structure ensures deposit safety through our Refund Deposit Program.
Key Advantages of Leasing KTT with Exeter Group
- Issuance of Telegraphic Key Note Wire Transfer MT103 One-Way from an offshore bank.
- Availability in Euros or USD, with payment in the currency of issuance.
- Low lease rate of only 5+2 percent (7% total).
- Payment completion allowed within five days of delivery.
- Pre-advice via KTT MT799 included with KTT delivery.
- Full deposit protection provided.
- No corporate or personal credit checks required.
- No additional project documentation necessary.
- Completion of agreements and signatures guaranteed within 72 hours.
- Direct and hassle-free KTT MT103 delivery to your bank.
- Brokers eligible for up to 1.5% commission.
- Tailored Key Note Wire Transfer MT103 for every client.
- Inclusion of a 2% non-performance clause in all contracts.
- Guaranteed client payment with fully protected deposits.