AOL INC LTD
Global Lender
enabling business development
through securities lending transactions
since 2013.
enabling business development
through securities lending transactions
since 2013.
Securities Lending is a financial agreement where one party (lender) temporarily lends bank instrument, such as Bond, MTN, Bank Guarantee or SBLC, to another party (borrower), in exchange for a fee.
The Borrower have to be professional and familiar of how to use bank instruments and check carefully our procedure with his bankers.
Full details are supplied by lender only, all are issued by major international banks and assigned directly in the Borrower name.
The Designated Broker will be the contact point between Lender and Borrower and all documents will pass through him.
do not educate or provide any advise as Borrowers can incorporate such financial confirmation into their financial plans.
Securities Lending is a financial agreement where one party (lender) temporarily lends bank instrument, such as Bond, MTN, Bank Guarantee or SBLC, to another party (borrower), in exchange for a fee.
Bond and MTN are selected with following parameters:
Bank Guarantee are:
SBLC are:
Securities Lending is a financial agreement where one party (lender) temporarily lends bank instrument, such as Bond, MTN, Bank Guarantee or SBLC, to another party (borrower), in exchange for a fee.
Transactions are permitted for natural persons of all countries, excluding natural persons subject to international sanctions.
Transactions are permitted for companies from all countries, excluding companies subject to international sanctions.
No Credit Check required to apply.
The Lender will only perform Due Diligence to the designated banks for confirmation of their RWA.
Two types of partners are allowed in the Transaction who often assist the Borrower in completing the securities lending transaction:
The Receiving Account Holder is the entity (individual or company) who is the holder of the account to which the instrument will be assigned. He is a party to the securities lending agreement and must sign the agreement together with the Borrower.
The Paying Account Holder is the entity (individual or company) which is the holder of the account from which the conditional payment of the leasing fees is issued. He is a party to the securities lending agreement and must sign the agreement together with the Borrower.
Securities Lending is a financial agreement where one party (lender) temporarily lends bank instrument, such as Bond, MTN, Bank Guarantee or SBLC, to another party (borrower), in exchange for a fee.
The Borrower submits the Application Form to the Lender through the designated broker. The Application Form contains all the informations required:
On reception of the Application Form, and after the check if companies or people involved are in the sanctions databases, the Lender will issue the GSMLA (called also the Lending Agreement).
The Borrower will receive the GSMLA and can then read it and is free to sign it or not. Even after signing the Borrower has no obligations if he decides not to continue.
The GSMLA contains all the conditions and terms of the securities lending, the drafts of the accepted payment systems and the "Lending Manager Agreement" between the Lender, the Borrower and the Lending Manager, i.e. the entity which receives the Borrower's funds for the Call Option, where the conditions for the funds deposited as escrow are stipulated.
When the Borrower is ready, he proceeds to make the transfer to deposit the funds in escrow with the Lending Manager. Once the Lending Manager receives the funds, he will immediately notify the Lender who will proceed to carry out the Call Option. As the Call Option is confirmed, the Lender will send the Borrower the Call Option Documents Set.
From the moment of the Call Option, the Borrower has 20 calendar days to issue a conditional payment of the leasing fees and allow the Lender's Compliance Officer to carry out the Due Diligence.
The Due Diligence consists of a certified email that the Lender's Compliance Officer sends to the Bank designated by the Borrower to confirm the terms and conditions of the use of the financial instrument and the RWA of the bank to receive the financial instrument by MT760
As soon as the Due Diligence is successfully completed, the Lender exercises the right of the Call Option and will carry out the purchase and sale transaction of the financial instrument and will carry out the assignment of the financial instrument in the forms desired by the Borrower (Bond, BG, SBLC).
The above procedure is for explanatory purposes and does not constitute promotion.
For further information, it is advisable to request the "Guidelines and Procedure to borrow a bank instrument" publication which is the only reference document containing the procedure.
If you are interested in collaborating with us as a broker or intermediary, you can contact us using the form below. Our Customer Service will answer you quickly. You will be able to clarify all aspects and access our information material. Furthermore, once accepted as a Broker you will be able to access your personal reserved area with all the services.