Yes, non-authorized HICL brokers do receive a standard referral fee of 0.5-0.75% on close of funding operation; authorised brokers/consultants of HICL get paid much more for referrals, introductions, etc; we conduct business mostly through our authorised brokers.
Upon receipt of the endorsed contracts/documents and commitment fees in our lawyer’s or issuer’s bank account;
HICL Securities Limited will conclude the transaction in 2 Banking Day.
HICL Securities Limited is a global financial management company registered in the United Kingdom.
We are direct and efficient providers of Trade Finance services, Letter of Guarantees, Bank Guarantees and Standby Letters of Credit (SBLC) from AAA top rated banks to our international customers. We are also well vested and experienced in issuing and monetizing bank collateral instruments.
If you are an investor or principal looking to raise capital, we will be happy to answer any questions that you have about this opportunity and to provide you with details regarding these services; contact us via support email.
Our parent company has been offering trade finance services since 1959, through our partners, sister firms; therefore, we have in depth knowledge and experience in trade finance products and services, corporate finance.
Fact is we provide more than just financing, Helios brings insight, knowledge and expertise to every funding/guarantees issuance. And as such, businesses that finance with Helios benefit from the global know-how and expertise of HICL.
The minimum transaction value that HICL deals with is USD/EUR 10 million;
The maximum transaction value is USD/EUR 500 million. Contact our support team if you require more; Note that Clients must be risk assessed for compliance and due diligence before we authorize any increase in bank instruments’ limits.
Yes, the financial instrument is renewable and can be renewed before 15 days of its expiry subject that the client pays its extension fee charges.
The HICL is a Trade Finance Services firm; and supports a range of trade and receivables products, including: Letter of Credit, Standby Letter of Credit, Bank Guarantee, Performance Bond – Performance Guarantee, Tender Bid – Tender Bond, Advance Payment Guarantee and Bank Comfort Letter.
Commitment fees which is the registration fee to assign and setup the collateral in favor of client, are normally requested prior to issuance.
The Lease fee can be defined as the rental fee normally levied as a percentage of the Guarantee face value; this is subject to issuer bank and/or guarantee rating.
The Commitment and Lease fee charges of the financial instrument can either be transferred in our pay agent’s or a registered fiduciary or paid to HICL nominated escrow service agent.
Who is Fudciary? A fiduciary is a legal or ethical relationship of trust between two or more parties. Typically, a fiduciary prudently takes care of money for another person.
Who is a Payment agent: A lawyer or asset manager who maintains and manages a segregated account for various business, upon receipt of payment, they either hold funds or disburses them according to instructions.
Some of the Pay agents and fiduciary we use
-Edepro Doo SP
-Swiss Re, Switzerland
-Window of the World, AG Switzerland
Yes, HICL Securities Limited can provide a TRANSFERABLE financial instrument upon client’s request. Most instruments are set up the standard way and in line with ICC regulation, but if client requests them a certain way or give their verbiage, then we will work with our issuer platform to setup and issue the instruments according to client’s request.
No; HICL Securities Limited does not require any financial collateral from Clients.
However, Clients must share their financials and project proposals to prove their capacity to afford repayments and charges associated with this program. Upon approval, Helios will obtain an Undertaking from Client’s company or agreement to pay certain percentage after receipt of SWIFT MT799/MT760; Client also agrees that in the event of breach/default, or any claim that may arise under the issued financial instrument, Client’s company will cover the entire amount of the claim.