Real Estate, Mortgage News

Real Estate News and Press Release Distribution Services
Submit Press Release | Submit RSS Feed | About US | Contact Us

Home | Real Estate News | Mortgage Rates
Unlimited Press Release Distribution
Press release distribution service


News Media
CNN Money
Costar Group
Inman News


Los Angeles Times


National Real Estate Investor
Mortgage News Daily
New York Times
Realtor Magazine
RISMedia
Wall Street Journal
Yahoo Finance
Zawya
RSS News Feed
Get your news feed listed here as other news media shown below! Submit RSS News Feed

Mercury News
New York Post

Real Estate News Releases

Global Assets Leveraged SA Financial Networks Signs Worldwide Joint Venture Agreement With Global FranTech To Market Branch Partner Licenses

(EMAILWIRE.COM, June 30, 2008 ) AHMEDABAD, Gujarat, India. – Global Assets Leveraged SA Financial Networks (GAL), signed an exclusive Joint Venture agreement with Global FranTech Group and FranTech Asia (FranTech), of Ahmedabad, Gujarat, India which grants FranTech the right to market licenses of Global Assets Leveraged SA, Financial Networks Services, branch partner programs, leasing bank instruments, with it's GlobalClear Real-Time Interbank Settlement Systems, GlobalClear banking programs through FranTech's network of agents in 220 countries to governments and enterprises around the world.

The company explained that the Global Assets Leveraged,SA Financial Networks, Global Real-Time Interbank Settlement System (GlobalClear) a fully integrated multi-currency, automated rules based financial system GlobalClear an Internet-Enabled Intelligent Global MTN Payment System with Transaction Security assistance programs are uniquely suited to meet the needs of emerging growth banks and companies in most countries.
Global Assets Leveraged Financial Networks new "Global Assets Leveraged SA division GlobalClear Bank Holdings Trust SpA is the centralized banking, messaging and securities system offered over the Global Assets Leveraged SA Financial platform. They have been in the business directly and indirectly developing banking solutions and services to facilitate worldwide payments, securities, settlement and "Global Cash Management"
by enabling emerging banks and worldwide growth companies to automatically lease bank instruments, manage cash, securities, process payments, process securities, global one world money card, and make transfer of the same both domestically and internationally through its new branch partner program in 220 countries.

Mark Dubynsky, Managing Director of Global Assets Leveraged SA, Financial Networks, said, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing licensing agreements in 220 countries. With more than 35 years of experience, FranTech knows international banking instruments, trade policy, law, marketing, investment banking, and technology research. Its broad expertise, coupled with access to key governmental decision makers, provides services uniquely valuable to Global Assets Leveraged SA, Financial Networks in 220 countries."

The company explained that FranTech's mission is to foster the development of the global economy by providing a global perspective to bankers, developers, marketers, manufacturers and innovators on newly emerging and preemptive technologies. It offers world-class solutions for the licensing and transfer of USA and Worldwide innovations to emerging economies.


Philip Nadeau, CEO of FranTech, said,

"We see a tremendous market worldwide for Global Assets Leveraged SA, Financial Network fully integrated bank leased instruments, multi-currency, automated rules based financial system assistance in global MTN payment systems with Internet-Enabled Intelligent programs for emerging countries and companies with it's (GAL) branch partner program and FranTech already have interest from several countries. We plan on developing brand name recognition and positioning of Global Assets Leveraged SA, Financial Network with many governmental agencies, central banks, monetary funds and private companies where we already have relationships in place."

About Global Assets Leveraged SA, Financial Network,

 Global Assets Leveraged opens 10 licensed branch partner offices in Europe


GLOBAL ASSETS LEVERAGED SA
LEASING OF BANKING INSTRUMENTS (bank instruments lease) through licensed branch partner offices.


GUIDELINES & PROCEDURES
Our lenders offer the following services:

• Leasing of Bank Instruments without Pre-Advise.

• Leasing of Bank Instruments with Pre-Advise.

• Leasing of an instruments to be used for Trading.


Only one instrument for each contract and only one contract per customer
is acceptable. Once a customer has performed first contract, a second
application can be accepted.
Specifications


A clean Bank Instrument is available by a major international bank,
assigned directly in beneficiary's name. Applicants have should be
familiar with the use of such an instrument and also how he can
incorporate such a financial confirmation into his financial plans.


Global Assets Leveraged availabile:
Transactions shall be a minimum amount of US$ or EUR 15.000.000,-


The Bank Instrument,wil be assigned in personal or corporate name of the
Applicant, as specified and agreed by Contract/Agreement.


  The Bank Instrument is made available as Enhancement Instrument
only.


Applicant/Borrower may assign the rights to use the Instrument (the
ownership will be not transferred), however, he is not permitted to sell
or discount the Instrument.


  If Applicant/Borrower wishes to do so, arrangements can be made
with the banks in line with banking rules and regulations during any
time of the validity of the bank instrument.


  If Applicant/Borrower will use the leased instrument as
collateral, borrower's Bank must undertake, by swift, the irrevocable
commitment to return leased instrument unencumbered, free and clear of
any debts or claim.


Fees:



Credit Enhancement Bank Instrument is available at ( SEE UPDATED LIST OF
INSTRUMENTS WITH ISIN NUMBERS) approximately 4 to 12% of Face Value
Leasing Fee Plus 1.00% of Face Value Seller Side intermediary fees
(CLOSED), for the duration of 1 Year. (365 days).


Buyer side mandates/consultants and intermediaries shall negotiate their
fees directly with Buyer and this shall be paid by the Buyer directly.


Type of Instrument and re-delivery:
Depending on availability, the Bank Instrument/Collateral is being
offered in the form of Certificate of Debt: can be MTN, BONDS,
EUROPAPERS, COMMERCIAL PAPERS OR CD. BGs and SBLCs are also available.


Applicant/Borrower must return the bank instrument unencumbered to the
Lender 15 days before his maturity date; it is possible to extend the
leasing period for another two years (yearly cost remains the one of
first year) with 15 pre-advice days.

Pre advice request:


The Lender is able to organize the delivery of a pre advice swift MT999
and MT 799 to the Borrower's designated bank , after the payment to a
designated Clearing and Settlement account of the appointed Clearing and
Settlement Company (Lending Manager) of an amount of EUR 85,000,
covering the banking expenses of the bank that will organize the
delivery of the pre advice swift.


Delivery of documents when pre advice is requested:



a) After the agreement is signed and the wire transfer of the above
mentioned amount done, within 48 hours, the LENDER will reserve the
tranche of the above mentioned banking instruments by the Clearing and
Settlement Company (Lending Manager).


  After that Lender will instruct his bank to send a Pre Advice
swift MT799 to the Borrower's designated Bank confirming his RWA to send
the bank instrument, and at the same time will send to the Borrower a
Pre Advice of Invoice with all details of the Bank Instrument, Corporate
Deed of Assignment, Bond Power if requested, confirmation of Euroclear
or Bloomberg,
Security Card of the Stock Exchange market where the instrument is
quoted, Prospectus of the Issuing Program of the Bank if available, to
permit the designated BORROWER'S Bank Officer to check and authenticate
the instruments.


b) The Designated LENDER'S Bank in the same time will send a
confirmation of his RWA to delivery the bank instrument using SWIFT MT
760.

This confirmation will be sent directly to the Borrower's designated
bank by swift MT999, and by swift MT799 through a official correspondent
bank of the Borrower's Bank.


  The Lender's Bank Officer will carry out the necessary due
diligence function by swift and the BORROWER'S Bank will confirm his RWA
to receive the bank instrument to close the transaction and his
awareness/knowledge about this transaction answering by swift.


Delivery of documents when no pre advice is foreseen in the agreement:
After signature of this agreement and the wire transfer of the above
mentioned amount agreed, within 48 hour after receipt of the above
mentioned amount in the Lending Manager Account, the LENDER will reserve
the tranche of the above mentioned banking instruments by the Clearing
and Settlement Company (Lending Manager). After that will send a Pre
Advise of Invoice with all details of the Bank Instrument, Corporate
Deed of Assignment, Bond Power if requested, Bloomberg Printout,
Security Card of the Stock Exchange market where the instrument is
quoted, Prospectus of the Issuing Program of the Bank if available, to
permit the designated BORROWER'S Bank Officer to check and authenticate
the instruments.


  Every Global Assets Leveraged instrument is screenable in
Euroclear, Clearstream and Bloomberg systems.
Payment of Fee:


• No deferred payments are possible, no deductions from any profits
that Applicant/Borrower expects in the future or from a loan. Lender is
not willing to enter any joint venture arrangements or change any of
these conditions.


• Applicant/Borrower can pay the leasing fees by a bank backed
promissory note (which expiring date will be negotiated) to be
discounted by a provider bank against a proof of funds certification
(this option must be declared in the application form as it foresees
issuance of two agreements (leasing and discounting agreements).
Procedure step-by-step:


1. CLIENT SENT A SIMPLE APPLICATION TO REQUEST THE LEASING OF THE
INSTRUMENT AND WILL CHOOSE ONE INSTRUMENT OF OUR LIST.


2. EVERY REQUEST FOR OUR LEASING SERVICE MUST BE ACCOMPANIED BY A
DETAILED DESCRIPTION OF THE PROJECT, OR PURPOSE FOR WHICH THE BANK
INSTRUMENT IS BEING LEASED.


3. THE CONTRACT WILL BE SENT FOR SIGNATURE, AND IN THE SAME TIME THE
BORROWER WILL RECEIVE AN INVOICE FOR THE EXPENSES DUE TO PERMIT TO COVER
THE BANKING, SCREEN, CLEARING, SETTLEMENT AND STOCK MARKET CHARGES TO
ORGANIZE THE TRANSACTION, AMOUNTING TO:


FOR INSTRUMENTS WITH A FACE VALUE:

• UP TO 499 M. THE SETTLEMENT FEE IS EURO 20,000

• FROM 500 M. TO 999 M. THE SETTLEMENT FEE IS EURO 25,000

• FOR INSTRUMENTS ABOVE 1 B.


THE SETTLEMENT FEE IS EURO 30,000.


PLEASE NOTE THAT IT IS IN EURO NO MATTER WHAT CURRENCY THE INSTRUMENT IS
IN. THIS MONEY WILL BE REFUNDED AFTER SUCCESSFULLY CLOSING THE
TRANSACTION. THE LESSEE HAS THE RIGHT ALSO TO DEDUCT THE ABOVE MENTIONED
AMOUNT FROM THE SERVICE FEES TOTAL AMOUNT.



4. AFTER RECEIPT OF ALL DOCUMENTS SIGNED AND OF THE DEPOSIT OF THE SUM
ABOVE DESCRIBED, THE LENDER WILL PROVIDE FOR A PRO FORMA INVOICE WITH
ALL DETAILS OF THE BANK INSTRUMENT, CORPORATE DEED OF ASSIGNMENT,
EUROCLEAR AND CLEARSTREAM PRINTOUT, SECURITY CARD OF THE STOCK EXCHANGE
MARKET WHERE THE INSTRUMENT IS QUOTED, TO PERMIT THE BORROWER'S BANKERS
TO VERIFY. INVOICE FOR COMMISSION TOO WILL BE SENT.


5. AFTER VERIFICATION, THE BORROWER MUST PROVIDE FOR CONDITIONAL
PAYMENTS (CONDITIONED LETTER OF CREDIT MT 700, OR CONDITIONAL SWIFT MT
103)

  NOT LATER THAN 20 DAYS FROM DATE OF PRO FORMA INVOICE (POINT 4).

6. THE BORROWER HAS THE POSSIBILITY TO EXTEND THE DURATION OF THE
CONTRACT ONCE IT HAS EXPIRED TRANSFERRING EURO 10,000 TO THE LENDING
MANAGER. THE 30 DAYS EXTENSION BEGINS ON THE FIRST DAY THIS AGREEMENT
EXPIRES.


7. AFTER RECEIPT OF THE CONDITIONAL PAYMENT, THE BANK INSTRUMENT WILL BE
PURCHASED AND TRANSFERRED BY SWIFT MT 760 TO THE DESIGNATED ACCOUNT OF
THE BORROWER, TRANSFERRING ALSO ALL THE RIGHT TO USE IT.


8. THE CONDITIONED PAYMENT WILL BE AT THAT TIME UNBLOCKED.

9. 15 DAYS BEFORE MATURITY, THE BORROWER'S BANK MUST RETURN BACK THE
INSTRUMENT BY SWIFT TO THE LENDER'S BANK UNENCUMBERED AND FREE OF LIENS.

At this stage we have provided the complete service Applicant/Borrower
has ordered. -This is the end of the transaction.

LEGAL NOTICE


DISCLAIMER
We are not registered as a financial adviser and we do not offer any
form of investment advice nor provide nor sell any form of investment or
security. The announcement on these pages does not constitute an offer
or an invitation to purchase any securities.


NO OFFER:

  This material contains exclusively information. Nothing received
from us or our Principal now and in the future should be construed as an
offer solicitation or recommendation to buy or sell any investment or to
engage in any other transaction.

This information and any received from Our Global Assets Leveraged
Financial Institution Network in the future does not constitute an
offer, solicitation or recommendation to buy or to sell any securities
for investment, nor an offer, solicitation or recommendation of any
other kind. The information is given solely for educational - and
informational purposes, requested by you (the party to whom the
information is transmitted), exclusively for the personal use of the
recipient.


NO WARRANTY:


All information and opinion contained on the site is provided without
any warranty of any kind, either express or implied, to the fullest
extent permissible pursuant to applicable law. All information and
opinion is provided to assist prospective investors in making their own
decisions without any guarantees as to accuracy, reliability or
completeness.


  The information provided now and received from Our Financial
Institution in the future does not contain investment-, legal-,
accounting-, tax- or other advice or opinion and should not be relied
upon for any specific investment or other purposes.
A competent professional should always be consulted before utilizing any
information existing now and received from Our Global Assets Leveraged
SA, Financial Institution Network in the future.

Must keep the information strictly confidential and you are not allowed
to make the information available to others without written consent from
Our Global Assets Leveraged SA, Financial Institution Network



ALL THE DEALS ARE MANAGED AND CHECKED FROM OUR PRINCIPAL SIDE, SO WE DO
NOT ACT ON BEHALF OF THE PROVIDER. THEY WILL DECIDE ABOUT THE DUE
DILIGENCE AND ABOUT THE ACCEPTANCE OF THE CLIENT/BUYER.


The above-mentioned details are for information purposes only and not to
be considered a Solicitation of Funds or to


Sell Securities or other commodities.

We reserve the right to accept or reject all form of Documentation
incomplete or unprofessional email communication..

For Further Enquiries Please Contact : Mark at Global Assets Leveraged
SA
 
 
Global Assets Leveraged bank instrument leasing and client-server and
internet software system automate the process of transferring funds,
securities, documentary credits, financial messages among corporations,
banks, clearing houses, central depositories with One World Card.

Global Assets Leveraged SA, branch partners program with GlobalClear
Bank Holdings Trust SpA is a bank instrument leasing and a fully
integrated multi-currency, automated rule-based payments and securities
(GESS) system that operates on Windows,UNIX, and Java client/server
technology via Global Assets Leveraged SA, Licensed Financial Network.
GlobaRIS's true global payment and securities messaging capabilities
support automated Liquidity Management, Routing Scheduling, Method of
MTN Payment Optimization and straight Through Processing (STP) for:

SWIFT, FEDWIRE, DTC, Cross Border, CREST, EUROCLEAR, ACORN, ClearStream,
Central Bank RTGS and Net Settlement Payments and Securities.

Global Assets Leveraged SA, Financial Network is uniquely positioned
merger as Global Asset Acquisitions AG to revolutionize MTN payment and
securities operations address the explosive growth of e-commerce
GlobalClear Bank Holdings Trust SpA through its new Global Asset
Leveraged Acquisitions SA bank centre, Zurich ,Switzerland is soon to be
the new leader in leasing of bank instruments and financial transactions
processing and access to the global financial networks worldwide needs
for Global Asset Leveraged SA, the new Internet-Enabled Intelligent
Banking System for developing nations economic development with
e-commerce as well as the banking business growth online needs of
industrial nations around the world through it's new Global Assets
Leveraged SA, branch partner licensing program.


About Global FranTech International Licensing,

FranTech consists of core partners surrounded by interlocking networks
of consultants and affiliates in key trading countries and disciplines.
They have over thirty-five years of experience with their proven
partners. In addition, FranTech has proven track records in assembling,
negotiating and consummating trade, licensing, technological and
financial agreements; they pool strengths drawn from experience in
international banking, trade policy, law, marketing, investment banking
and technology research. This broad expertise, coupled with access to
key governmental and business decision makers, provides services
uniquely valuable to Global Assets Leveraged SA, Financial Network in
the restructuring global economy.

Global Assets Leveraged SA, Financial Network is pleased to commence a
strong working relationship with FranTech.

FranTech's mission is to foster the development of the Global Economy by
providing a Global Perspective to bankers, developers, marketers,
manufactures, and innovators of newly emerging and preemptive
technologies. They offer world-class solutions for the licensing and
transfer of USA and Worldwide innovations to emerging economies in 220
countries worldwide for over thirty-five years.


For information on this exclusive global bank instrument leasing service
and technology contact FranTech Asia at +0091-932-706-7935


Submitted by:
Shanker Damodaran,President,
FranTech Asia, Ltd.,
Ahmedabad, India


Contact:
President@FranTechAsia.com


www.FranTechAsia.com

www.FranTechWTC-3G.com

###

This press release was issued through GroupWeb EmailWire.Com. For more information on unlimited press release distribution service, go to http://www.emailwire.com

FranTech
Shanker Damodaran
+0091-932-706-7935
-


Real Estate News by Sector
  • Appraiser
  • Consumer News
  • Commercial
  • Mortgage News
  • Property Law
  • REIT News
  • Sales, Marketing
  • Technology

  • Real Estate RSS Marketpalce

    Submit RSS news feed on Real Estate.
    Have your feed on real estate news, products or services displayed under this marketpalce and have your feed on a full page updated daily. Click on example below. Add RSS feed Now!

    EmailWire Real Estate News Releases
    News releases on real estate as posted by businesses, organizations and experts.


    Press release service

    ESTATENewswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    ESTATENewswire.Com - Newswire and Press Release service of GroupWeb Media LLC