| PRIVATE BANKING |
| Secured Asset Management Program, (Bank Debenture Trading Program)
is an investment vehicle commonly used by the very wealthy where the principal investment is fully secured and a guaranteed high return is paid
to the investor on a periodic basis. There is no risk of losing the investor's principal. | ||
| The investment funds are secured by the Banking
institution at the time the funds are deposited. The Investor is also guaranteed by the program Directors,
by contract that they will receive what is in effect a percentage of each trade made
by the Trade Bank. This can be in the form of a guaranteed profit/yield
paid on a periodic basis upon terms as set forth in the contract. | ||
| The Instrument to be transacted under the Buy/Sell Program are fully negotiable
Bank Instruments delivered unencumbered, free and clear of any and all liens,
claims or restrictions. The Instrument are debt obligation of the Top One Hundred
(100) World Banks in the form of Medium Term Bank Debentures of 10
years in length, usually offering 7 1/2% interest; or, "Standby Letters of Credit" of
one year in length with no interest but at a discount from face value. | ||
|
The internal trading of bank debentures is a privileged and highly lucrative profit source
for participating banks, and as a result, these opportunities are not made known to the
public (bank customers). It would be difficult, at best, to entice clients to purchase
Certificates of Deposit, yielding 2.5% to 6%, if they were aware that other, equally secure
investment accounts yielded more than ten times higher rates of return. The banks and
traders always employ the strictest non-disclosure, and non-circumvention clauses in
trading contacts to ensure the confidentiality of the transactions. | ||
| These Bank Instruments conform in all respects
with the Uniform Customs and Practice for Documentary
Credits as set forth by the International Chamber of Commerce, Paris, France (ICC) in the latest
edition of the ICC Publication Number 400 (1983 Revision), ICC Publication 500 (1995 Revision)
and the newest implemented UCP 600 (2007 Revision ICC Publication 600). | ||
| The I.C.C. is the regulatory body for the World's Great Money Center Banks and has
existed for more than 100 years, and exerts strict control on world banking procedures. For more information visit: http://www.iccwbo.org/iccjjdi/index.html
| The information contained in this document is for information purpose only and
is not intended as a solicitation nor is it an offer to sell any form of securities. |
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