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Cashing negotiable instruments 

We can also discount "lower grade" instruments, eg, those issued by SBERBank of Russia and those issued by certain Asia-Pacific banks BNI etc...Please note Asia-Pacific banks must be "confirmed" by a major U.S./ U.K. bank.

We are not interested in gold bonds. We prefer to deal directly with the Seller, his bank or lawyer. However, enquiries from brokers and intermediaries are welcome provided an acceptably prompt introduction to the Seller is effected. Reasonable commission arrangements will be recognised. All transactions are directly dealt Bank to Bank or Securities Officer to Securities Officer within the protocol of the financial institution to be bought under the banking and security house protocol. We remain responsible for the verification of source and availability. (We are not brokers)

Discounting procedures

• A clean, clear copy of Instrument, Swift or Screen print out should be supplied/faxed to us to check verbiage before any bank co-ordinates can be supplied,,
• Normally if. the issuing bank has a key tested telex established with our banks or their respectful correspondence banks, a K.T.T procedure of sending the instrument is preferred only if no possible K.T.T link is found a Swift of the instrument is required.
• If swift procedure is used,instructions for "SWIFT 199" should be given to issuing Bank..
• For instruments issued in the United States of America using our United States banks no K.T.T or Swift is required as they .................