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Utilizing foreign fixed deposits (CD's) for credit lines 

Introduction
Recommended certificate of deposit procedure for foreign based clients (Member section)
    Caution (Member section)
    Notice  (Member section)
Example of how the transaction might work (Member section)
Notes (Member section)
Hints (Member section)

Introduction 
The client can utilize their Certificates of Deposit (CD's) as "Proof of Funds" and can then use these against a 'Line of Credit'.  The line of credit is generally eighty (80%) percent of the face amount of the CD, but can vary with each transaction.

We need to caution the client in using these, especially on large sums of money.  This requires pre arrangement with a large Forex rated international bank.  The CD's would have to be blocked, say for five (5) years.  The issuing bank would then have to agree in advance that
a line of credit would be drawn against the CDs, say for eighty (80%) percent of the face value.

In some cases, a ..........................

More information is provided in the Member Area

Recommended further reading:
Certificates of Deposit: Large Negotiable Certificates of Deposit 
Certificates of Deposit: Advantages of certificates of deposit (CDs) 
Certificates of Deposit Offerings 
U.S. Certificate of Deposits (CD’s)
Books on Financial Instruments