Exeter Group of Companies LLC

Exeter Group provides a wide range of financial instruments for individuals and businesses seeking funding for their financial ventures.

Purchase Owned Key Tested Telex / Telegraphic Key Note Wire Transfer (KTT – TELEX) MT-103 One-Way

Apply for Your Owned KTT MT-103 One-Way Today!

INSTRUMENT & SERVICE DESCRIPTION:

Exeter Group offers a variety of financial instruments tailored to meet the funding needs of businesses and individuals. Whether you require non-recourse collateral, recourse collateral, or credit enhancement, our services are supported by partnerships with prominent investors from European and North American banking institutions.

Purchase of Owned Telegraphic Key Note Wire Transfer (KTT-TELEX) MT103 One-Way

The Owned Telegraphic Key Note Wire Transfer (KTT-TELEX) MT103 One-Way provides an innovative financing solution. Utilizing the secure Telex Network, we ensure seamless delivery between banks.


Client Deposit Protection: 3 Levels of Security

Your deposits are safeguarded through our robust three-tiered protection measures:

1. Non-Performance Penalty (2%)
A 2% penalty applies to either party failing to perform under the agreement. This includes scenarios where:

  • The Provider issues a Corporate Invoice, but the Beneficiary’s Bank does not respond or pay.
  • The Beneficiary’s Bank confirms readiness to receive BANK INSTRUMENTS, but no instruments are delivered by the Provider’s Bank via SWIFT MT-760, DTC, Euroclear, or Bloomberg.

2. Refund Deposit Program
All agreements are fully Bank Endorsed, ensuring full responsibility by the bank. This guarantees:

  • Payment security upon transaction completion.
  • Assurance that clients’ initial deposits are fully protected before any fees are released.

3. Attorney’s Client Trust Account
Payments are exclusively managed through an attorney’s client trust account, with banking details provided directly by Exeter Group’s compliance officers.


Benefits of Purchasing an Owned KTT MT103 One-Way

  1. Offshore bank issuance of Telegraphic Key Note Wire Transfer (KTT-TELEX) MT103 One-Way.
  2. Transactions available in EUR or USD, with payments matching issuance currency.
  3. Clients have 5 days post-delivery to complete payment.
  4. Competitive pricing at a purchase rate of 18+2% (20% Total).
  5. Pre-advice of KTT MT799 included with KTT delivery.
  6. 100% deposit protection guaranteed.
  7. No corporate or personal credit checks required.
  8. No additional project documentation necessary.
  9. Agreements finalized and signed within 72 hours.
  10. Convenient KTT MT103 delivery directly to your bank.
  11. Brokers eligible for commissions of up to 1.5%.
  12. Key Note Wire Transfers tailored to individual client needs.
  13. Non-performance clauses at 2% included in all contracts.

For further inquiries, email us at [email protected] or visit exetergroupofcompanies.com.

Purchase Owned KTT Deposit Requirements:

If you Do NOT have Initial Deposit Funds and want a FREE Bank Instrument.

 

Closing Process – KTT-Telex: 

  1. Process and Requirements for Purchasing KTT MT103 One-Way

    Service Overview:
    After receiving the client’s deposit, the provider will take the following steps:

    1. Creation of Telegraphic Key Note Wire Transfer (KTT MT103 One-Way):
      The provider will generate the KTT MT103 within three business days of deposit receipt.

    2. Pre-Advice Transmission (KTT MT799):
      The provider’s bank will send the pre-advice via KTT MT799 to the beneficiary’s bank within ten days.

    3. Irrevocable Bank Payment Undertaking:
      Upon receiving the reply via KTT, the provider will send the KTT MT103 to the beneficiary’s account and provide an emailed copy as confirmation.

    4. Verification and Payment:
      The beneficiary’s bank will verify and complete payment within five days via SWIFT MT103, covering all associated fees, including consultancy and commissions.


    Required Documents

    • Complete the Bank Instrument Application Form.
    • Submit the completed application to: [email protected].

    Compliance Standards

    Accepted Standards:

    • Clients must adhere to all compliance standards and submit accurate applications.

    Rejected Standards:

    • Applications involving forbidden instruments or assets.
    • Inability to pay the required deposit.
    • Applications lacking a Bank Comfort Letter (BCL).

    Important Information

    1. Non-Negotiable Terms:

      • Prices and procedures are fixed and cannot be altered.
    2. Prohibition of RWA or BCL Letters:

      • Exeter Group does not issue Ready, Willing, and Able (RWA) or Bank Comfort Letters (BCL) to prevent misuse for credit line negotiations.
    3. Payment Requirements:

      • Owned KTT MT103 must be fully paid for upfront or secured via a Bank Payment Undertaking. Banks will not issue KTT MT103 without prior payment.
    4. Bank Comfort Letter (BCL) Requirement:

      • A BCL must accompany the application per the provided sample. Applications without a BCL will be denied.
    5. Secure Payment Channels Only:

      • Exeter Group only accepts payments through the attorney’s client trust account. Payments made to third parties, including brokers or delegation offices, are not recognized or guaranteed.

    For further details, contact us at [email protected] or visit exetergroupofcompanies.com.

Read the KTT MT103 One-Way Purchase Owned Application Below

Read the KTT MT103 One-Way Draft Wording Below

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