I am based in Singapore,currently acting as a mandate for a U.K citizen who have a USD 15M Cert of Deposit pledged with a Turkish Bank. I am undertaking the task of securing a USD 3M loan using the certificate as a collecteral. Any advise on where or how can this be made possible?
2007-03-11 06:05:44 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
Thanks for responding! I do wish that this issue could be resolved earlier, as I've already tried all the banks in Singapore, and because the Monetary Assiociation of Singapore (MAS) doesn't allows loans pledged to CDs, there is litttle the banks can do. What I am really hoping for are some private investors would are willing to step forward with an open mind and get everything arranged thru black n white. Any suggestions? Thanks!!!
2007-03-11 22:38:53 · update #1
Thanks for responding! I do wish that this issue could be resolved earlier, as I've already tried all the banks in Singapore, and because the Monetary Assiociation of Singapore (MAS) doesn't allows loans pledged to CDs, there are little the banks can do. What I am really hoping for are some private investors would are willing to step forward with an open mind and get everything arranged thru black n white. Any suggestions? Thanks!!!
2007-03-11 22:39:32 · update #2
Thanks for responding! I do wish that this issue could be resolved earlier, as I've already tried all the banks in Singapore, and because the Monetary Assiociation of Singapore (MAS) doesn't allows loans pledged to CDs, there are little the banks can do. What I am really hoping for are some private investors would are willing to step forward with an open mind and get everything arranged thru black n white. Any suggestions? Thanks!!!
2007-03-11 22:40:03 · update #3
Stupid lag...made me post the additional info 3 times...
2007-03-11 22:42:37 · update #4
Contact a reputable bank; looking for people here who might or might not be falling for a SCAM seems like a bad idea.
2007-03-11 06:10:42 · answer #1 · answered by wizjp 7 · 2⤊ 0⤋
Hello ,
Contact me offboard, I may be able to guide you. However, the only slight problem I see is that the CD is from a Turkish bank, but I am sure there might be a way around this.
Anyway, lets see how it goes.
Regards
2007-03-11 18:57:13 · answer #2 · answered by fx_invest74 2 · 0⤊ 1⤋