Common Phrases used by Fraudsters

Common terms and phrases found in fraudulent prime bank instrument documentation.

Some of these terms may be correct banking expressions or close derivations of them. Some may be just meaningless or nonsensical; however they have been used so many times over the years that they themselves have gained some history and credibility. The inclusion of several of these expressions in any document being examined should give cause for concern.

108 Bank to Bank certificate which guarantees the principle + 8% annual interest.
5,10,20 years etc. plus one week or one day.
Bank Debenture Roll Programs.
Bank hard copy.
Bank Menu.
Bank or Federal Reserve will deny any involvement in these programs.
Bank Paper.
Bank responsible commitment of funds.
Bank to bank transaction.
Banking Co-ordinates.
Blocked Funds Letters or Investment Programs.
Blocking of Assigned Treasury Securities, "Limited Edition" or De-Facto Treasury Securities.
C&F ASWP.
Callable Conditional Sight Drafts.
Cash Wire Transfer.
Certified Bank invoice.
Client Company Principals.
Closing Bank.
Collateral First Debentures.
Collateral First Transaction.
Collateral Houses, Collateral Source, Collateral Supplier.
Collateral provider.
Collateral Purchase Orders.
Comfort Letter.
Conditional S.W.I.F.T. payment.
CUSIP Number.
Cutting bank.
Cutting house.
Defacto Treasury Securities.
Devisable, assignable and transferable letter of credit (LC).
Discounted US Treasury Obligations, Renting or Leasing of Treasury Securities.
Discounting L/Cs.
Documentary Letters of Credit.
Emissions, remission, commissions and fallout.
Facilitator has access to the world's top "trader".
Fiduciary Bank.
Foreign Bank Advice.
Fractional bank laws.
Fractionalize or collateralize the funds.
Freely negotiable, irrevocable, clear SWIFT wire transfers.
Fresh Cut Paper or Bank Debentures.
Fully binding commercial letter contract.
Funds will remain in a bank account that only you are signatory on.
Funds will be used only as collateral.
Good clean cleared funds of non-criminal origin.
Grand Master Collateral Commitment.
Guaranteed Bank Notes.
Guaranteed by Top 100 World Prime Bank.
High Yield Debenture Trading, Financial Programs.
High Yield Investment Programs (HYIP).
High Yield Asset management programs.
High Yield Promissory Notes or Bank Notes.
ICC (International Chamber of Commerce) 3034 or 3039 Letter of Credit.
ICC (International Chamber of Commerce) 400.
ICC 3032 London Short Form.
ICC 3039 London Long Form.
ICC 500 or 600 Bank Debenture Instruments.
ICC Uniform Customs and Practices for Documentary Credit.
IMF (International Monetary Fund) Stand-by Letters of Credit.
IMF Backed Securities, Bill of Exchange, Bill of Equity, or Backed Bonds.
Instruments delivered free of all liens and/or encumbrances.
Interest at seven and one half per cent, payable annually in arrears.
Interest rates guaranteed from 6% to 100% to 1000% per month.
Intermediate Bank Notes.
International Banking Days.
International Certificate of Deposit (ICD).
Invested funds are fully secured by a Bank Endorsed Guarantee.
Irrevocable Bank Purchase Order (IBPO).
Irrevocable Corporate/Confirmed Purchase Order (ICPO).
Irrevocable Pay Orders.
Irrevocable Prime Bank Commitment.
Irrevocable, Divisible, Assignable, Transferable, Fractionable, Revolving, Confirmed L/C. Payable 100% At Sight.
Irrevocable, irretractable commitment of funds to purchase instruments.
Issuing Bank.
Key Tested Telex (KTT).
Leading Bank, Funding Bank, Closing Bank.
Limited Edition Treasury Securities.
Live prime bank instruments.
Mandate Agent.
Master collateral commitment.
Millions or Billions of US dollars with rolls and extensions.
Money Centre Bank.
Non-circumvention and Non-Disclosure agreements.
Obtain proceeds through Visa debit cards.
Off balance sheet programme.
Pooled funds.
Pre-advise issued by bank.
Prime Bank Debenture Trading.
Prime Bank Guarantees (PBG's).
Prime Bank Instruments (PBI's), Notes, Guarantees, Trades or Letters of Credit.
Prime European Bank Letters of Credit.
Prime World Bank Debentures or Financial Instruments.
Principal is guaranteed and/or secured by letter of credit.
Private Placement Programs.
Private Trading Programs.
Program developed to level out the yo-yo syndrome in the banking industry.
Proof of Funds.
Proof of Product.
Ready Willing and Able.
Roll Program.
Seasoned Bank Debentures.
Seasoned Paper.
Soft Probe.
Spot Trading.
The way all banks or big banks make their money.
Top 100 Prime Bank
Trader, Facilitator, or Broker.
Trader, Trading Bank, Exit Buyer.
Transaction parameters.
Transaction Tranches.
UCC (Uniform Commercial Code) Form references.
Unconditional S.W.I.F.T. Wire Transfer.
US Dollar Bonds, Federal Notes, Medium or Mid Term Notes or Bank Notes.
US Government Agencies attempt to seize the funds for themselves.
US Government will deny the existence of these programs because the Government does not want your money to leave the US.
Validation of the MCC (Master Collateral Commitment).
Window time.
With full corporate and legal responsibility.
Zero Coupon L/C.

Common Phrases used by Fraudsters

Frauds and Scams