TIER 1: (HV) CASH & EQUIVALENTS
EXAMPLES= USD, EUR
TIER 1 REQUIREMENTS
- 10-20M USD Minimum
- Must be the account holder &/or account signatory
- Intermediaries must allow direct access to account holder
- Intermediary fees to be negotiated with account holder
- Full Client Information Sheet (CIS) of account holder
- Account tear sheet &/or working statement
- Commitment to wire to nominated investment account
TIER 2: (HV) FINANCIAL ASSETS
EXAMPLES = SBLC, BG, BOND, MTN
TIER 2 REQUIREMENTS
- 150M USD Minimum
- Must be the account holder &/or account signatory
- Intermediaries must allow direct access to account holder
- Intermediary fees to be negotiated with account holder
- Full Client Information Sheet (CIS) of account holder
- Account tear sheet &/or working statement
- Must provide (approved) ATV made out “To Whom It May Concern”
- Color copy of banker(s) business card(s)
- Copy of (current) Bank Confirmation Letter (BCL) or RWA Letter
TIER 3: SPECIALTY TRANSACTIONS
EXAMPLES = POS, M-0 CONVERSION (OFF LEDGER), DOWNLOADS, SKR
TIER 3 REQUIREMENTS
- 100M USD Minimum
- Must be the account holder/ultimate beneficial owner (UBO)
- Intermediaries must allow direct access to account holder/UBO
- Intermediary fees to be negotiated with account holder/UBO
- Full Client Information Sheet (CIS) of account holder/UBO
- Account tear sheet &/or working statement
- (Current) screenshots (blue &/or black screens)
- Must have a banker with color copy of their business card
- Must provide (approved) ATV made out “To Whom It May Concern”
- For downloads evidence of allocations/quotas is essential
TIER 4: PROJECT FINANCE
EXAMPLES = CD, DEBT, EQUITY, ABL, COMBINATIONS
TIER 4 REQUIREMENTS
- $100M – 1B+ USD project value
- Funds (25%) RWA for collateral &/or access to (approved) bridging
- Asset rich balance sheet
- Real estate component preferred
- Access to significant cash reserves and growth capital
- Acceptable D/E ratio
- Adequate growth strategy
HV = High Value (USD 20M-150M+)