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Posted by F Yong
on 11/10/2009, 23:42:38, in reply to "offshore bank for sale"
PLEASE INDICATE WHETHER THIS BANK HAS A PRESENT SWIFT CODE IN PLACE?
F Yong
Investor
--Previous Message--
: A 10 year-old offshore bank with unrestrictive
: international banking license for sale.
:
: 1. The price is USD 3m. This 3m includes
: the USD500K statutory deposit. Your real
: cost shall be USD 2.5m plus out-of-pocket
: expenses.
:
: 2. Dexia and Commerzbank are the
: correspondent banks for this bank.
:
: 3.If you are interested,we would require a
: deposit of USD 300,000 in order to reserve
: the bank for you. Indepedent Trust Company
: can be appointed to provide escrow for this
: case. We would expect you to complete all
: documentation for the application for due
: diligence within a 3-month period. Once the
: due diligence process is complete and you
: are approved as the new shareholder we can
: proceed with the share transfer
: transactions. The USD 300,000 deposit
: shall be considered as part of the final
: payment for the shares of the Bank. If,
: however, you fail to complete the due
: diligence application process within the
: 3-month period the deposit will not be
: returned and the Bank will be put back on
: the market. Should you not be approved by
: the Authority we shall return 80% of the
: deposit and keep the 20% to cover our
: expenses in the process.
:
: 4. All assets and liabilities ,except the
: security deposit, are transferred out before
: the sale.
:
: Please reply privately only with your
: corporate profile and bank reference.We do
: not discuss further issues publicly.
:
:
:
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