GSF Digital eWallet
Global Server Forensic Digital eWallet
by SkyNet Dynamics S.A.
Level 8, Menara GSF, Jalan Raja Chulan
50200 Kuala Lumpur, Malaysia
• IBG: 7300
www.globalserverforensic.com
🏭 Standby Letter of Credit (SBLC) — Service Agreement
Surat Kredit Sandaran • Trade Finance & Guarantee Division • Ref: SBLC-
⚠ IMPORTANT DISCLOSURE — Please Read Carefully:
An SBLC (Standby Letter of Credit) is a payment guarantee instrument issued by a bank on behalf of a client. It guarantees payment to a beneficiary if the client (applicant) fails to fulfil a contractual obligation. GSF Digital eWallet issues SBLCs via correspondent banking arrangements.
SBLC Monetisation — using an SBLC as collateral to obtain cash — is a legitimate trade finance activity conducted between rated financial institutions. However, it requires the SBLC to be issued by a rated, internationally recognised bank. Clients are advised to independently verify any monetisation offers through their legal counsel. GSF Digital eWallet does not guarantee acceptance of our SBLC by third-party monetisation platforms.
👤 Applicant (Client) Particulars
🏭 SBLC Instrument Details
SBLC Face Value (MYR equiv.)
Underlying Transaction / Contract
Applicant Collateral / Cash Margin
📈 Fee Schedule
| Service | Rate | Notes |
|---|
| SBLC Issuance Fee | 1%–3% of face value per annum | Payable upfront, non-refundable |
| Cash Margin (Collateral) | 10%–30% of face value | Held in blocked account, returned on expiry |
| SWIFT MT760 Transmission | USD 200 flat fee | For SWIFT authenticated delivery to beneficiary bank |
| Amendment Fee | USD 150 per amendment | Change of terms / extension of validity |
| Early Cancellation | 0.5% of face value | With beneficiary written consent required |
📝 Agreement Clauses
1. The Applicant deposits a cash margin (as agreed above) into a blocked account at GSF Digital eWallet as collateral for the SBLC. This margin is fully returned upon expiry of the SBLC, provided no demand for payment has been made by the Beneficiary.
2. GSF Digital eWallet shall issue the SBLC via SWIFT MT760 to the Beneficiary's bank within 5 business days of receiving the full cash margin and issuance fee.
3. If the Beneficiary makes a valid demand for payment under the SBLC, GSF Digital eWallet shall pay from the Applicant's deposited cash margin. If the demand exceeds the margin, the Applicant is liable for the shortfall within 3 business days.
4. The Applicant warrants that the underlying transaction is genuine, lawful, and not related to money laundering, fraud, or any prohibited activity under AMLA 2001 or Malaysian law.
5. This agreement is governed by the Uniform Rules for Demand Guarantees (URDG 758) as published by the International Chamber of Commerce (ICC), and the laws of Malaysia.
Applicant Signature & Company Stamp
Name: ___________________________
Date: ___________________________
GSF Digital eWallet — Trade Finance Division
SkyNet Dynamics S.A.
Authorised Officer • Date: ___________________________