Description
Seller-provided details for this listing.
If you need a bank Instrument and do not have all the cash that is required, we can provide the bank instrument on a deferred payment basis.
The transaction is a sale of a bank instrument. The Buyer pays 15% of the face value of the instrument as an installment payment after the bank instrument is delivered to your bank. He then pays the full face value of the instrument at maturity.
If the Buyer changes his mind and opts not to purchase the bank instrument, then the instrument must be returned to the issuing bank at maturity, free, clear and unencumbered.
The transaction is a sale of a bank instrument. The Buyer pays 15% of the face value of the instrument as an installment payment after the bank instrument is delivered to your bank. He then pays the full face value of the instrument at maturity.
If the Buyer changes his mind and opts not to purchase the bank instrument, then the instrument must be returned to the issuing bank at maturity, free, clear and unencumbered.