A Swiss trader offered to trade using blocked funds with ONLY a SWIFT MT799 !! No need for MT760 or move funds to the trader's trading account.
Minimum entry level: US$100M or EUR100M Maximum entry level: US$500M or EUR500M Duration: 12 months Requirement: Top European banks and only banks located in USA (JPMorgan, Citibank, Wells Fargo and Bank of America). The only condition: 50% of the trading gains must be used to fund humanitarian projects. No exceptions.
Interested? Contact: firstname.lastname@example.org and mention this blog.
hm, I would like more details, since the MT799 is not legally binding such netting of funds for an operation in another bank would need a backdoor contract
I fully agree with your comments.
SWIFT MT799 is just a "hello" between two financial institutions. And the trader knows that.
The trader has its own funds and will "bankroll" the trade with a simple bank communication, acknowledging the depositor's funds and its pledge not to allow the funds to be moved for the period of one year.
The trader's bank, once it receives the participating investor's bank commitment not to move the funds for one year (using a simple communication MT799), the trader will deposit his own funds onto the trading account and go into trade.
The only requirement from the trader is, the client must have humanitarian projects, were a large portion of the trading profits will be used to finance them. In other words, a large portion can be 75% of the trading profits. The rest can be used to fund corporate profit generating projects.
The trader requests for the banks to be prime category banks, located in Europe, USA, Canada and Australia. (Bank of America, Wells Fargo, Citibank, JPMorgan Chase / Barclays Bank UK, Credit Suisse, UBS and so on).
Corporations listed on Wall Street do not qualify. U.S. citizens are welcome to apply.
If you have any other questions, please contact:
David Cheever at: email@example.com or contact my managing director, which you already know where to locate him.
Thank you for expressing curiosity about this offer.