You can have access to amounts between $500,000 to $2 Billion World Wide Funds are in a bank account with your name or company name.
DL Financial provides Proof of Funds to our clients for credit enhancement purpose. Blocked funds are in an account with the client listed as the funds owner for a pre-determined amount of time.
These can be:
Bank Comfort Letters (BCL)
Bank statements
SWIFT MT799
SWIFT MT760
SWIFT MT199
Bank Guarantees
Stand By Letter of Credit (SBLC)
VOD (1006)
Escrow Accounts (with major escrow companies)
It is important to understand that this is not a loan and the money will never move from the account. It is blocked, but free and clear.
You receive Verification of the funds and proof that the funds are yours (for verification purpose only). There are different ways to verify those funds. Some banks or financial institutions let you go to your local bank or branch. Some have a dedicated National 800 number, while others use online services.
The cost for this service varies according to the POF amount, the type of account as well as the length of time needed to show the funds.
We must be satisfied with your capacity to pay the up front fee for providing Proof of Funds (known as the Arrangement Fee). Payment of the Arrangement Fee in the form of a “success fee” is not acceptable.
Any use including:
Net worth Requirement
Facilitate buy / sell arrangements
Show of Down payment to get REO offers accepted
Bond Requirement
Proof of Liquidity
Proof of Collateral
Reserved or Blocked funds for investments
Minimum of only 1 month with discounts for multiple months.
Brokers paid for referrals!
Proof of Funds Program Highlights:
Accounts available from $100K to $2 billion
Money Market funds seasoned for six (6) months
No Credit Check or Financial Statements Required
Funds in an account under client’s name and signature
FAQ:
30 & 60 day accounts, with discounts provided for renewal terms
Standard bank Verification of Deposit provided for all accounts
Bank accounts opened and confirmed in writing by bank officers
SWIFT MT799/760 confirmation option available in Offshore Banks
Brokers paid for referrals
Program Highlights
Proof of Funds Program Highlights:
amount available ranging from $500K to 200 + billion.
Funds seasoned for up to six (6) months.
Rates starting at 2% per month.
30, 60 & 90 day accounts, with discounts provided for renewal terms.
You have access to the paperwork in less than 24 hours after confirmation.
Funds in an account under your name and signature.
Types of accounts:
Domestic Brokerage Firm:
Domestic Banks:
Brokerage Accounts
Prime Western Europe Banks:
Domestic Hedge Investment (NON BANK)
Types of confirmation
Standard verification of deposit (VOD): the customer faxes over a form to the financial institution. They then look up the account information, and fill out a standard form.
Bank-to-bank electronic confirmation.
All accounts require full client disclosure and are opened in strict compliance with the provisions of the International Money Laundering Regulations and the US Patriot Act.
Kindly contact us today for all your financial needs.
DL Financial Ltd. 