Defined protocols and strict compliance steps required for client qualification, asset verification, funds blocking mechanisms, and trade commencement with Tier-1 international platforms.
Our team of financial and legal experts will at all times be responsible for advising the client professionally in a detailed and personalized manner. Depending on the clientâs assets, each case will be assessed independently and the best way to proceed with the transaction will be proposed with the key intention of completing the transaction successfully and in the best interests of all involved.
We welcome personal visits by clients to our numerous offices globally as we believe that face-to-face meetings are a more conducive way of conducting mutual business opportunities.
In order to be accepted into an SFT, all potential clients are required to provide the following compliance documentation to City Capital Traders for on-send to the selected Trade Platform offices:
Formal bilateral agreement executed between CITY CAPITAL TRADERS and client setting forth transaction parameters, upfront negotiated fees, and non-circumvention terms.
Completion by client of an official CIS package. This is a standard Information Sheet covering pertinent information on the client plus a copy of client passport.
Corporate Signatories: In the case of a company/trust, a corporate resolution must be completed with the name of the person who is the authorized signatory for the company (plus passport copies of authorized company representative). In certain instances, a client may also be asked to provide a summary as to the history of funds.
In the case of cash in client account, the POF must be current (less than 3 days old). The POF demonstrates that the client has capacity to enter the program and allows the Trading Group/Bank to conduct due diligence to ensure funds are good, clean, clear, un-encumbered funds of non-criminal origin.
Where an instrument is utilised by a client, a draft copy of the instrument must be supplied or an RWA (Ready Willing and Able) letter from the issuing bank stipulating their intent to issue such and the proposed verbiage of the instrument to be issued.
Once the documentation is submitted, the Trade office will immediately proceed with the verification of the funds or instrument.
Once a client has passed through compliance successfully, the Program Manager will contact the client directly via telephone to formally present the proposed trade program to the client, discuss proceeds/returns generated, and agree on the method of âblockingâ client funds or monetizing instruments.
After the client and the Program Manager agree on a preferred option for blocked funds, the client is provided with the official contract / prospectus from the Trading Group for review, queries and acceptance.
Fast, secure, and authenticated electronic execution of the contract package.
Client and Trader meet face-to-face at an agreed date, time, and global office location.
The Trade proceeds will be in accordance with the signed Trade agreement, payable timeously and as per the terms and conditions thereof. Yields are collected weekly or monthly, depending on the structure of the Trade.
For the duration of the Trade Program, the proceeds will be collected into the appointed Trade Paymaster / Notary account and transferred to the clientâs nominated account through the City Capital Traders account.
Contact our team directly to submit compliance documentation, schedule an in-person assessment, or discuss monetization parameters.
Direct introduction to the Program Manager. Please provide basic details under strict bilateral confidentiality.