CASH FLOW TOOLS ONLY
$CASH PROOF OF FUNDS– Proof-Of-Funds (POF) can be a Sanitized recent Bank Statement or Tear Sheet
(White-out or Black-out account numbers)
Or Standard, 2 Banker-Signed, SKR Letter from the depository bank works best: (Not a free form swift)-(See attached sample) Please feel free to make any necessary changes.
PAPER ASSETS
CMO’s/BOND’s/CD’s/TREASURIES/ MTN’s/STOCKS/NOTES
Send a copy of the Paper Assets- CUSIP or ISIN Numbers.
Send a Statement as to where the asset is held and how much of the asset the client owns.
We need a complete statement of the asset (who, where, how it’s held?)
The complete statement that shows the client’s info, how it was mailed, and the positions.
No internet statements. We need all copies of all pages if more than one.
The statement will come from the Bank or Institution for which it is held.
If it is not from a Bank or Institution we can not use it.
It also has to be on the Market with Liquidity and Trading value.
BANK DEBENTURE INSTRUMENTS
(OWNED NOT LEASED)
SBLC-BG-DLC-LOC
Cash Backed Instruments
Letters of Credit. These are Documentary Letters of Credit, Standby Letters of Credit and Unconditional Letters of Credit or Surety Guarantees.
Send SKR/Statements.
MUNICIPAL BOND- PERFORMANCE BOND
(SOVEREIGN BOND- if outside the USA)