Signature Bank

SIGNATURE BANK

SELLERS     BUYERS

NEW: 25K-272K BTC with R&E @ -7% gross, -4% net, B2B, Signature Bank, New Jersey, NY - Look For Buyer

(Seller :  SHAR UKOC-gail)

Post: 26.11.21

  • A seller is selling 300K BTC with R&E @ -7% gross, -4% net​

  • Buyer = 4%

  • Buyer side = 1%

  • Seller side = 1%

  • Intermediaries = 1% ​

  • ​​​PROCEDURE: 

  • Seller sends a draft SPA. Within 24 hours, buyer will fill out with buyer´s required details, SIGN and return the SPA to the seller with the attached RWA (official Ready, Willing and Able Letter) signed by two bank officers. Within 24 hours, seller will fill out all required details, SIGN and send back the SIGNED SPA on a PDF format.

  • Proof of funds (POF): 

  • The Bank of the buyer issues SWIFT MT199 POF to the bank of seller and seller´s bank officer confirms the receipt of the SWIFT MT199 POF.

  • Proof of coins (POC): 

  • The seller will show the readiness to proceed for the first tranche by sending a Satoshi test from his wallet to buyer´s wallet. Seller to push Satoshi from exchange wallet if POF has low balance, or private wallet if POF has large balance. The buyer checks the legitimacy of the seller’s wallet.

  • The Buyer’s Bank sends Swift MT799 pre-advice (see Annex C) which will mention: Ready, willing, and able; to issue Swift MT103/72 conditional payment.

  • Seller´s bank officer must reply thru Swift to buyer’s bank confirming the successful receipt of the Swift MT799 pre-advice.

  • Buyer’s bank makes conditional payment by Swift MT103/72 locked for 365 days with Face Value worth 100,000 Bitcoins (BTC).

  • After receiving and confirmation of the MT103/72 Swift notification at seller‘s bank, the seller transfers Bitcoins to the buyer’s wallets for the current tranche according to the tranche schedule in “Annex A” through BLOCKCHAIN at the rate of the day -4% net discount, concurrently with the consultant fees as per Annex D IMFPA IC- 015-BTC-2021.

  • After the buyer received the BTC in his designated wallets and after the Six (6) confirmations of blockchain, the Swift MT103/72 stays as collateral and the current tranche will be paid by Swift MT103.

  • The commission must be paid by seller to the agents in BTC or Fiat concurrently with each tranche (7) in “Annex D”, which is included in this agreement.

BUYER MANDATE ONLY

Interested parties should contact :

20K - 100K BTC with R&E @ -12% Gross, -7% Net, Ledger2Ledger, Signature Bank, Escrow, Iolta, Zug, Switzerland - Look For Buyer

(Seller ; ZA PE-tele)

Post: 5.11.21

  • Seller is selling 20K-100K BTC @ -12% gross, -7% net

  • Buyer = 7%

  • Operational Platform = 1% (closed)

  • Buyerside = 1.5%

  • Buyer facilitator = 0.5%

  • Sellerside = 1.5% (closed)

  • Seller facilitator = 0.5% (closed)

  • Buyer and Seller agree to 3% non-performance penalty

  • First tranche = 3000 BTC

​​

  • PROCEDURE (Ledger2Ledger):

  • The Buyer’s mandate and seller’s mandate will review the offer and describe the transaction, duties and responsibilities of each party with agreed terms and conditions of the Purchase Contract Agreement.

  • The Buyer will provide Proof of Funds availability (Official Bank Statement) showing fund availability to pay for the Bitcoin.

  • The Seller send Proof of Coin (POC) via email (wallet Image, Wallet Video and Wallet Address showing Bitcoin availability and recent transaction). Buyer confirms receipt of POC and verifies its authenticity by checking the wallets balance on Blockchain for thorough verification.

  • The Seller shall immediately transfer the Bitcoin to Buyer’s Wallet on receipt of proof of fund availability, and withhold block confirmation until full payment is received, Buyer confirms receipt of Bitcoin in its wallet, verify its authenticity.

  • The Seller send corporate invoices with bank coordinates to the Buyer to make full payment via wire transfer for the total amount of bitcoin received.

  • The Seller pays Brokers and Facilitators commissions based on their bank coordinates provided in the contract agreement.

PROCEDURE (Escrow):

  • The Buyer’s mandate and seller’s mandate will review the offer, duties and responsibilities of each party with agreed terms and conditions of the Purchase Contract Agreement.

  • After Buyer is cleared and no report of blacklist and non-performance, Buyer will receive Purchase Contract Agreement and complete it with all details including Buyer’s consultant paymaster coordinates. The buyer completes and executes the Purchase Contract Agreement accompanied with a three (3) days old Official Bank Statement as Proof of Funds to show funds availability for payment of the first tranche.

  • The Seller sends Proof of Coin (POC) via email (wallet Image, Wallet Video and Wallet Address showing Bitcoin availability and recent transactions), thereafter Buyer confirms receipt of POC and verifies its authenticity by checking the wallets balance on Blockchain for thorough verification, thereafter the Seller shall countersign the purchase agreement.

  • The Seller will submit the copy of the signed purchase contract agreement to the Escrow Agent, and then the Escrow Agent will notify the Buyer via email, the Buyer countersign and submit to the Escrow Agent the copy of the seller’s signed purchase contract agreement in order to set up the escrow transaction process.

  • Once the transaction has been established with the Escrow Agent, a copy of the Escrow Agreement will be sent to the Buyer and Seller, both parties sign the Escrow Agreement and sends it to the Escrow Agent for reference purpose.

  • The Escrow Agent signed and notarized the Escrow Agreement and sends a copy via email to both parties respectively for confirmation that all parties are satisfied with the Escrow Agreement and ready to proceed with the escrow arrangement immediately.

  • The Buyer then requests an invoice from the Escrow Agent to pay for the bitcoin. The Buyer makes payment and sends proof of payment to the Escrow Agent for confirmation. The Escrow Agent confirms payment, thereafter send an instruction mail to the Seller confirming the Buyer’s payment and to release Bitcoin to the Buyer’s Wallet Address.

  • The Buyer confirms receipt of Bitcoin in his wallet and notifies the Escrow Agent to release full payment to the Seller's nominated bank coordinate. The Seller will release commission to the consultants via their paymaster. Paymasters shall be responsible for the disbursement of commissions as noted in their respective genealogy agreement. Seller shall not be responsible for commission disputes or paymaster duties and actions.

  • The Seller confirms to the Escrow Agent and the Buyer that funds have been received and commissions have been settled, therefore the transaction for the tranche is concluded, both parties validate the transactions and closed it.

  • BUYER MANDATE ONLY

Interested parties should contact :

NEW: 68K BTC @ -3% gross, -1.5% net, Escrow, Signature Bank - Look For Buyer

(Seller: RD CB)

Post: 4.2.2020

​​​​

  • Seller is selling 68K BTC at -3% gross, -1.5% net

  • Traded through Law firm escrow via account in signature bank.

  • Procedure after positive due diligence of the buyer party and signed agreements (SPA, IMFPA etc.):

  • Buyer will send the funds for the test tranche to Law firm account in Signature Bank

  • Law firm confirms to the seller that the funds are in the account

  • Bitcoin will be send to buyers wallet

  • After 4th confirmation the funds will be released to the seller

  • This procedure will be used for the normal tranches then as well.

  • We recommend warmly to start the onboarding process with our Law Firm as soon as possible, at least with a CIS of the buyer.

  • We also can set up a meeting with the buyers legal rep or the buyer directly.

 

BUYER MANDATE ONLY

Interested parties should contact :

NEW: 100K+ BTC @ -5% gross, -3% net, Lawyer2Lawyer, Signature Bank - Look For Buyer

(Seller: RK CI)

Post: 25.9.2019

​​​​

  • Seller is a corporate entity based in UK and Germany, selling BTC on behalf of mining companies.

  • Attorney / Attorney; Both Parties use Signature Bank via Seller-appointed independent Signature Bank Attorney Escrow OR a jointly appointed attorney escrow lawyer (NOT third-party lawyer trust account)

  • Purchase 50k: BTC Market Price -3 gross / -1 net

  • Purchase 50k - 100k BTC Market Price -4 gross / -2 net

  • Purchase 100k + BTC Market Price -5 gross / - 3 net

  • MINIMUM PURCHASE: 50000 BTC

  • INITIAL TRANCHE: 1000 BTC

PROCESS:

1. CIS & POF - 4 options

A) Buyer provides CIS, and Buyer provides his banker's name at Signature Bank via ATV (Authority to verify) process between banking officers and last 4 digits of his account (and/or a secret code) and authorises Seller to contact banker to verify Buyer capability

B) Buyer provides CIS, and Buyer provides his banker's name and Buyer basic information and the Seller banker will call the Buyer banker and verify Buyer capability

C) Buyer provides CIS, and Buyer’s lawyer attests to the Seller lawyer Buyer is RWA

D) Buyer provides CIS, and Buyer sends Seller Lawyer latest Bank Statement.

2. Seller Buyer Communications and Contract

A) Seller send CIS to Buyer

B) Seller and Buyer have an introductory conference call/video call to confirm coin availability, buyer funds, and contract terms. C) Seller sends SPA Contract to Buyer. Contract includes wallet details, escrow agreements, escrow account details, escrow agent details, and tranche scheduled.

D) Seller and Buyer sign Contract, Escrow Agreement, and IMFPA [SELLER PAYS]

 

3. Satoshi (in nominal amount specified by the Buyer)

A) Seller sends Satoshi from the Seller's transaction wallet to the Buyer's wallet (transaction wallet must have 1K+ coins and less than 500 transactions), or

B) Seller sends a small Test transaction of 12 BTC to Buyer’s wallet. These are unrestricted.

C) Buyer conducts forensics (Coin Analysis Report) and reports confirmation of acceptance to Seller and Seller Escrow Agent.

Note: The Buyer, Seller and Mandates are to be verified by authorised representatives who are responsible for money transmitter or transfer of funds operated by Escrow company, banks or financial institutions during the closing deal process.​

BUYER MANDATE ONLY

Interested parties should contact : 

 

NEW: 200K BTC @ -4% gross, -2% net, B2B, Signature Bank - Look For Buyer

(Seller: RK CI)

Post: 25.9.2019

​​​​

  • I am direct to Seller Mandate

  • Seller has 200K BTC for sale at -4% gross, -2% net

  • PROCEDURES:

  • 1. NCNDA, CIS, POF, MOU is signed between the buyer and seller

  • 2. NDD (Non-Disclosure Deed), SPA, IMFPA is executed between all parties.

  • 3. Buyers bank sends pre-advice SWIFT message to the seller’s account. MT799 or MT998 to Barclays Bank, London, UK.

  • 4. A Satoshi test with 1K+ coins and less than 500 transactions or a small test transaction of around 12 BTC.

  • 5. Buyer conducts forensics

  • 6. An MT760 is put in place, paid for by the seller. This is only activated if funds are not sent after coins received buy the buyer.

  • 7. Seller sends BTC to the buyer's wallet according to tranche schedule.

  • 8. Buyer wires funds to the seller’s bank account. The MT760 can now be cancelled.

  • 9. Steps are repeated until the order is complete.

Note: The Buyer, Seller and Mandates are to be verified by authorised representatives who are responsible for money transmitter or transfer of funds operated by Escrow company, banks or financial institutions during the closing deal process.​

BUYER MANDATE ONLY

Interested parties should contact : 

 

NEW: 30K BTC @ -3% gross, -1% net, Signature Bank - Look For Buyer

(Seller: AN KN)

Post: 8.9.2019

​​​​

  • I’m direct to seller rep who is direct to Seller mandate

  • It is a verified seller for 30K BTC, -3% gross, -1% net via Signature Bank.

  • Discount depending on the amount purchased

  • Standard procedure at Signature Bank.

Note: The Buyer, Seller and Mandates are to be verified by authorised representatives who are responsible for money transmitter or transfer of funds operated by Escrow company, banks or financial institutions during the closing deal process.​

BUYER MANDATE ONLY

Interested parties should contact : 

 

NEW: 300K BTC @ -6% gross, -3% net, F2F, Signature Bank, New York - Look For Buyer

(Seller: AF KA)

Post: 1.9.2019

​​

  • A new seller has 300K BTC via Signature Bank

  • F2F, Bank2Bank, -6% gross, -3% net, -3% commission

  • Standard procedures with Signature Bank

  • Looking for buyer who can meet seller in Signature Bank, New York

Note: The Buyer, Seller and Mandates are to be verified by authorised representatives who are responsible for money transmitter or transfer of funds operated by Escrow company, banks or financial institutions during the closing deal process.

BUYER MANDATE ONLY

Interested parties should contact : 

 

NEW: 200K BTC @ -4% gross, -2% net, Signature Bank - Look For Buyer

(Seller: AW KM)

Post: 23.7.2019

​​

  • A new seller has 200K BTC via Signature Bank

  • Bank2Bank, -4% gross, -2% net, -2% commission

  • Seller side = 3 people

  • Seller is onboard with Signature bank

  • Standard procedures with Signature Bank

Note: The Buyer, Seller and Mandates are to be verified by authorised representatives who are responsible for money transmitter or transfer of funds operated by Escrow company, banks or financial institutions during the closing deal process.

BUYER MANDATE ONLY

Interested parties should contact : 

 

 

 

NEW: 250K BTC @ -4% gross, -2% net, Signature Bank, Singapore - Look For Buyer

(Seller: C..I)

Post: 6.3.2019

​​

  • A new Singapore seller has 250K BTC via Signature Bank

  • Bank2Bank, -4% gross, -2% net, -2% commission

  • Standard procedures with Signature Bank:

  • 1) NDNC, KYC, POF, POC

  • 2) Sign agreement with buyer, seller and custodian Signature Bank

  • 3) Transfer funds and coins to Custodian account.

  • 4) Custodian do the rest as per agreement.

  • 5) Custodian takes care of buyer and seller and make sure both are paid.

  • 6) All fees paid

BUYER MANDATE ONLY

Interested parties should contact :