COMMODITIES Slic Group has been able to maintain agility and finesse in the way we conduct business as our global strategic sourcing is centralized. Our approach makes it easy for suppliers and buyers to meet their goals even more quickly and seamlessly, across divisions and geographies, through one main contractual procedure. With our tripartite agreement, our main focus are but not limited to the following main products: Finance, Energy, Metals, Agriculture, Transportation. Financial Instruments: Medium Term Notes (MTNs), Bank Guarantees (BGs), Certificate of Deposits (CDs), Bank Bonds, Bank Drafts, Zero Coupons, Standby Letter of Credits (SBLCs), Private Placement Program (PPP), Treasury Strips (T-Strips), Treasury Notes, Currency, etc. Energy Products Slic Group physically supplies crude oil and oil products as well as steam coal, metallurgical coal and coke etc. Metals and Minerals Slic Group physically supplies bauxite, alumina, aluminium, zinc, copper, lead, ferroalloys, n...

  BANK GUARANTEES (BGS) Bank Guarantees (BGs) Bank Guarantees (BGs) – Raise a Credit Line or Cash them in for real dollars. Value conversion depends on many factors, some fixed, some floating such as:   Ownership of BG – Corporate or Private – Corporate is Highly Preferred The Type of BG Issuing Bank Rating as well as location (branch) of Bank Issuing the BG Physical Location of the Original BG – Safety Deposit Box, Corporate Office Safe, Home, etc. If an Agent, Security House, or Third Party Bank is Holding BGs BG must be in US Dollars only Market Conditions Bank Policy Client anticipation of return Place transaction occurs What is done with ‘Cash’ after conversion – this is becoming a paramount issue with banks converting the instrument, the preferred and acceptable method is to deposit a portion of the redeemed funds with the honouring bank, usually not less than 50% for a period of not less than six (6) months. Some Helpful Hints Before Starting…. BGs are usually issued by...