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PDP Project

This document outlines the terms and conditions for financing commercial projects through Amro Commercial Fund. It provides details on project eligibility requirements, the financing process, costs, and profit sharing agreement. Amro will provide up to 60% financing for eligible private projects globally in exchange for a majority 60% share of profits. The financing process takes 21 days and involves submitting documents, conducting due diligence, opening escrow and joint bank accounts, and issuing a bank guarantee to trigger the transfer of funds from an investor. Amro does not require guarantees from project owners.

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pasal muarif
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237 views2 pages

PDP Project

This document outlines the terms and conditions for financing commercial projects through Amro Commercial Fund. It provides details on project eligibility requirements, the financing process, costs, and profit sharing agreement. Amro will provide up to 60% financing for eligible private projects globally in exchange for a majority 60% share of profits. The financing process takes 21 days and involves submitting documents, conducting due diligence, opening escrow and joint bank accounts, and issuing a bank guarantee to trigger the transfer of funds from an investor. Amro does not require guarantees from project owners.

Uploaded by

pasal muarif
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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*TERMS & CONDITIONS OF AMRO COMMERCIAL FUND*

*FOR FINANCING PROJECT DEVELOPMENTS COOPERATION*

NO ACTIVITY DESCRIPTION
1. TYPE OF PROJECT PURE PRIVATE PROJECT

2. PROJECT LOCATION INDONESIA & WORLDWIDE

3. PROJECT DOCUMENTS 3.1. LOI TO AMRO FOR INVESTMENT UNDER COMPANY LETTER HEAD.
3.2. COMPRO & SET OF FEASIBILITY STUDY & SET OF PERMITS.
3.3. RECOMMENDATION FROM BANK STATED THAT THE
COMPANY IS HEALTHY.
3.4. PROJECT MUST BE FEASIBLE, PROFITABLE AND
BANKABLE.

4 COOPERATION PERIOD LONG TERM

5. GUARANTEE NO GUARANTEE REQUIRE FROM PROJECT OWNER.

6. PROFIT SHARING 6.1. AMRO : 60% , PROJECT OWNER: 40%


6.2. AMRO IS ONLY SIT AS A PRESIDENT COMMISSIONER.

7. INITIAL BANKING 7.1. 1% OF PROJECT VALUE, IF PROJECT VALUE BELOW RP. 1 TRILLION.
PROCESSING COST 7.2. 0.5% OF PROJECT VALUE, IF PROJECT VALUE ABOVE RP. 1 TRILLION.

8. BANK PROCESSING TIME 21 BANK WORKING DAYS

9. COST BREAKDOWN 9.1. SURVEY & DUE DILLIGENCE COST.


ALLOCATION 9.2. LEGAL COST.
9.3. BANK APPRAISAL
9.4. BANK CHARGES: SWIFT COST, TAX, PROVISION AND ADMIN COST.
9.5. LANDING ACCOUNT

10. MECHANISM 10.1. THE 1% OF MONEY IS PUT IN AN ESCROW ACCOUNT AT


AGREED CUSTODIAN BANK.
10.2. AMRO WILL PROVIDE COUNTER GUARANTEE TOWARD
1% OF MONEY, IT WILL BE VERIFIED BY PROJECT
OWNER, ONCE ITS VALID (CLEAN & CLEAR), THEN THE
1% OF MONEY IS GOING TO BE TRANSFERRED TO AMRO BANK
ACCOUNT.
10.3. AFTER THE 1% OF MONEY HAS EFECTIVE IN AMRO BANK
ACCOUNT, THEN AMRO WILL ISSUE BG/SBLC AND
SENDING THESE DOCUMENTS TO PRIVATE INVESTOR IN
SINGAPORE/HONG KONG.
10.4. OPEN BANK JOINT ACCOUNT UNDER PROJECT
OWNER COMPANY NAME FOR RECEIVING FULL CASH
FUND FROM PRIVATE INVESTOR.
INSTRUMENT BANK MECHANISM
APPLICANT : PT. AMRO ASIA PACIFIC (AMRO GROUP)
APPLICANT BANK : BANK MANDIRI JAKARTA
BENEFICIARY : INNOSWIFT (SINGAPORE) PRIVATE LIMITED
BENEFICIARY BANK : UOB SINGAPORE

1. AMRO IS GOING TO PLACE CASH COLLATERAL AT BANK FOR ISSUING BANK GUARANTEE
(BG)/STANDBY LETTER OF CREDIT (SBLC).

2. AMRO APPLY FOR ISSUING BG/SBLC AT APPLICANT BANK.

3. APPLICANT IS SENDING PRE ADVISE OF BANK CONFIRMATION LETTER (BCL) TO BENEFICIARY


BANK BY SWIFT MT 799.

4. BENEFICIARY BANK WILL DO A VERIFICATION OF THE BCL.


IF THE VERIFICATION RESULT IS CLEAR, THEN BENEFIARY BANK IS GOING SEND A
NOTIFICATION TO CONFIRM TO APPLICANT BANK THAT ALL CASH FUND IS READY BY SWIFT
MT799.

5. THE SWIFT FROM BENEFICIARY BANK IS GOING TO BE VERIFIED BY APPLICANT BANK, IF THE
RESULT IS CLEAR, THEN APPLICANT BANK WILL SEND ORIGINAL BG/SBLC TO BENEFICIARY
BANK BY SWIFT MT 760.

6. THE BENEFICIARY BANK IS GOINT TO DO A VERIFICATION AND AUTHENTIFICATION, IF THE


RESULT IS CLEAR AND CLEAN, THEN THE BENEFICIARY BANK WILL SEND THE FULL CASH FUND
TO JOINT ACCOUNT AT APPLICANT BANK BY SWIFT MT103.

7. AFTER THE CASH FUND EFFECTIVE AT JOINT ACCOUNT ON APPLICANT BANK, THEN THE COPY
OF BG/SBLC IS GOING TO SEND TO BENEFICIARY BANK BY BANK COURRIER.

8. AFTER 1 YEAR 1 DAY THE BENEFICIERY BANK WILL COLLECT THE ORIGINAL BG/SBLC FROM
APPLICANT BANK;
OR
APPLICANT IS ABLE TO ASK THE APPLICANT BANK TO RENEWAL OF BG/SBLC FOR ONE MORE
YEAR, THEN SEND THE RENEWAL NOTIFICATION TO BENEFICIARY BANK.

9 FINISH

MANAGEMENT OF AMRO GROUP.

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