1. The customer’s bank must be a TOP-50.
  2. It can not be a bank of a communist country.
  3. Chinese citizens with a Chinese passport can not be signatories of a Trading contract. They are not allowed to participate in a PPP.
  4. The two options available to access a Private Placement Program are: 1. Cash; 2. Any of the following financial instruments: BG (Bank Guarantee), CD (Certificate of Deposit), MTN (Medium Term Notes), SBLC (Stand By Letter of Credit), SKR (SafeKeeping Receipt). These instruments must enjoy FULL BANK RESPONSABILITY by the issuing bank.
  5. The asset or even cash is useless unless the bank is important enough (TOP50) and is based in Europe.
  6. If the bank is not strong enough to fend for itself, you can try to get a correspondent bank to assume full banking responsibility for the asset in question.
  7. If you are not the owner of the asset or the cash, you can not enter the program unless it is assigned to the bank account where the resources are deposited.
  8. The asset will be blocked for one year. Therefore before being blocked, you will have to have a prudential life cycle before your maturity date so that it can be worked.
  9. The bank must be able to block the asset through a SWIFT MT-760.
  10. If the asset is gold, the Hallmark documents will have to be contributed.
  11. Cash or assets issued by banks UBS and ABN AMRO are not accepted.