REQUIRED: COPY OF INDENTIFICATION (PASSPORT) AND ARTICLES OF INCORPORATIONIF APPLICABLE: EXECUTIVE SUMMARY, PROFORMA INVOICE, ETC

*Please email ALL REQUIRED DOCUMENTS TO info@soleilbankinternational.com

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Process and Payment Structure – As of 10.24.2014

Documentary Letter of Credit

Step 1:

Application is made to SBI (Soleil  Bank International) for opening of a DLC including but notlimited to the following:

1. DLC application form. (Provided by SBI upon request)
2. Performa Invoice of Transaction.
3. Desired verbiage of DLC. (If none provided SBI will provide its normal DLC verbiage).
4. SWIFT code and address of beneficiary bank.
5. KYC and AML documents including but not limited to: Passport copy of applicant, articles of incorporation of applicant company and brief summary and/or business plan of underlying transaction.

Step 2:

SBI reviews all documents presented and evaluates acceptability of documents. SBI then either approves application or denies and shall inform the applicant of such decision.

Step 3:

SBI prepares draft of the DLC as it is comfortable to issue and forwards to client for approval. All drafts shall be in lined with rules and regulations governing the issuance of DLC.

Step 4:

The client approves the draft and:1. Signs a contract agreeing to the terms and conditions of issuance and issuance charges asnegotiated.2. SBI issues the invoice for the agreed upon charges

Step 5:

Client makes payment of charges as per agreed upon payment structure.

1. Client shall provide TT/Wire copy of payment made to SBI account.
2. SBI shall confirm to client credit of funds upon receipt of funds to SBI designated account.

Step 6:

SCB uploads draft to SWIFT system and provides copy to applicant for final approval of message. Upon approval given by applicant SBI then releases the SWIFT to beneficiary bank coordinates.

Step 7:

Copies of released SWIFT are then forwarded to the client via email or hard copy as requested. In case the client is represented by an advisor, then it is forwarded to the advisor only.

Step 8:

Any amendments to DLC are subject to approval of SBI.

The following is the procedure for payment schedule. The following are general terms:

1. Fees are paid before the issuance of each SWIFT message.
2. SBI does not engage in JV payment structures and will not issue any message for zero monies paid upfront.
3. SBI will not accept payment via ICBPO.
4. If SBI fails to deliver the instrument as agreed upon, SBI shall return the fees paid for that issuance.

All fees shall be agreed upon and stated in a formalized contract

Trust is the Cornerstone of Every Relationship.