SITCO is sophisticated intermediator for buying or selling bank instruments (MTN, BOND, BG or SBLC and CD)
The guarantee of this mediator is to respect the client’s instructions observance rules and unconditional confidentiality of the transaction for buying and selling of Bank issued, cash-backed or pre-paid Negotiable Instruments (“Securities”) in the private markets.
Trading is exclusively administered by PRIVATE TRADING ENTITIES, at legally defined rules. Banks and licensed financial institutions are strictly prohibited by regulation from buying or selling such securities either from or to one another, or directly into the “public” market place.
These the contemplated transaction is strictly one of private placement, and is in no way relying upon, or relating to, the United States Securities Act of 1933, as amended, or related regulations, and does not involve the sale of securities.
Trading is mostly conducted in US dollar denominated amounts of $500Million or more (some limited exceptions apply) and is highly regulated by the SEC, IMF, World Bank, Bank of International Settlements, Federal Reserve, US Treasury (below) and others.