Project Financing

Financing of a project  (Financing of a project)
Financing of a project
We can finance a project based on available capital or bring in our startup capital.
There are no interest payments or pay-back requirements on our financing. We call that debt-free financing.
Please see https://ftassetmanagement.com/About_debt_free_financing.html
We will use that capital to implement commercial transactions, leaving 90% of the profits for the project (we need some cost compensation).

The available capital can be made available from
a) the project itself (like 5-10%),
b) an investor that can bring a ‘small amount’ (like 5-10%) or
c) we can bring it in.
When the choice is made for option c. we have to know which of our methods are acceptable to the receiving bank: Fax / Email / Courier (Hard copy) / SWIFT (no MT103 cash transfers).

We send from FT Asset Management, not from a (top ..) bank, and each sending method has its own conditions and price that needs to be paid before sending (SWIFT SBLCs start at €40K).
Correspondent bank accounts is the most effective transfer method because we directly move funds to the required bank. This is the only method we have, that does not require payment before implementation (upfront payment). We take all the costs on our side upon ourselves.
Since FT Asset Management does not have the SWIFT capability to send cash transfers (MT103-type messages), we can propose an alternative.

In short: we like to be added to the bank’s correspondent banks list.

In case you opt for choice c., the most effective method to bring money in is this:
We have placed our most updated details and documents on this page:
https://ftassetmanagement.com/Correspondent_Accounts.html
As soon as we have established the connection, we can start to transfer funds for project financing.

FT Asset Management

CIS of the company  (CIS of FT Asset Management)
CIS of FT Asset Management
The following webpage contains FT Asset Management KB's (Sweden) full registration details (CIS/KYC).
Some documents are too big to send per email.
All up-to-date documents regarding FT Asset Management can be found here, directly from the source.
These documents include my passport, company registration documents, etc

Documents for due diligence purposes: https://ftassetmanagement.com/documents.html
(If you forward, please send the link. Do not download the documents and send them)

correspondent network  (Do you have connected financial entities)
Do you have connected financial entities
This is our international Branches and Correspondent relationships: https://ftassetmanagement.com/network.asp This list does not include apexcapebank.com, and aceinvestmentbank.com. Please note that none of these banks supply us with SWIFT capabilities.
How can I transfer money to my bank  (How can I transfer money to my bank)
How can I transfer money to my bank

We use correspondent relationships for direct cash transfers.

Most banks use an electronic message system like SWIFT, SEPA/IBAN, Fedwire/ACH before transferring funds, but this method is not always the best.

We transfer money to our clients via correspondent relationships with (central-) banks. Messaging systems, whether verbal or electronic, notify the receiving bank of such intended actions. We use direct telephone communication with the owner or CEO of the bank to transfer funds.

To accomplish the transfer, two institutions (our trust account and your bank) must have accounts containing the same amount of money. When we send funds, your bank places them in the account (on their end). A signal is sent via email, WhatsApp, API, or any agreed-upon method. The receiving entity (your bank) accepts the transfer and shows the same amount in its ledger. The funds are moved forward to the beneficiary account. That completes this transaction.

More details:

We propose implementing these correspondent relationships without the SWIFT/SEPA messages. We are not against electronic messaging systems, but do not have access to them. Under Swedish law, one needs a bank license to remit funds via SWIFT/SEPA, and we are a trust company and an asset management company.
We can efficiently implement the following process; however, we need your bank's full cooperation, starting with the owner or CEO.
Most banks have correspondent banks to receive foreign currencies in jurisdictions where they do not have branches.
Even trusts, microfinancing, and savings-and-loans institutions have correspondent banks. We are looking to extend our network of correspondent entities and would like to have the capability to deposit clean, clear cash funds with your bank.
Since FT Asset Management does not have the SWIFT capability to send cash transfers (MT103-type messages), we can propose an alternative.
In short, we would like to be added to your correspondent list for direct cash transfers (not via SWIFT or existing correspondent banks).

Is it a bank  (Is FT Asset Management a bank)
Is FT Asset Management a bank
No we are not. We are trust company better yet, an asset management company. we are not registered by the central bank but by the The County Administrative Board: http://www.lansstyrelsen.se/Stockholm/En/naringsliv-och-foreningar/penningtvatt/Pages/default.aspx
Transfer to crypto exchange  (Can you transfer to Kraken.com or any other crypto exchange?)
Can you transfer to Kraken.com or any other crypto exchange?
If you have contacts within the organisations that can make the connection, we willl be happy to work with you.
We have to build up the connection to these exchanges, like we are extending the correspondent network to other institutions.

Bank Transfer

API communications  (Can you do API transfer)
Can you do API transfer
The term API is a very general term.
When you select your route on Google Maps and send it to your phone, you use an API too.
My recommendation is, to talk about correspondent /mirrored /Nostro-Vostro accounts or ledger-to-ledger transfers.
The bank opens an account for FTAM / Fides and FTAM / Fides opens an account for them.
We place money in the account on FTAM / Fides side. That sends a signal to the bank.
The bank will place the same amount on their end and move that forward to the beneficiary account (to further credit of…).

We have been implementing transactions with Fides, NVC Fund, Taina, MySpurt, etc for years and moved Billions.
Also, most banks in the world use (midsized/smaller banks) or provide (big banks) that facility, e.g. Euro/Dollar/Pound payments to non Euro/Dollar/Pound countries or banks.

API communications  (Mirroring, whos money is it)
Mirroring, whos money is it
Imagine you would work in a bank on a monthly basis and your salary would be paid in your account, in the same bank. Whose money would be deposited in the account? That would be your money.
If the bank goes bankrupt, the government will compensate you for the money lost (up to a certain amount).
The same rule applies here.
If we mirror money from ‘us’ to ‘them’, it becomes ‘their’ money.
The funds will be deposited (mirrored) in the receiving bank for further credit to the beneficiary.

Automated transfers  (Can you facilitate API connectors, automated transfers?)
Can you facilitate API connectors, automated transfers?
This is the proposed API connectors for collecting transfers, sending and receiving:
Sandbox/test: http://mytest.ftassetmanagement.com/api/
Production: https://my.ftassetmanagement.com/api/
Technical details can be provided in a direct conversation

Server to Server (IP to IP)  (Can you do a Server to Server or IP to IP transfer)
Can you do a Server to Server or IP to IP transfer
Server communications is a general term: email, websites, in-house, internet, etc. It is important to understand how we can facilitate cash transfers between institutions.
Telex (KTT) Transfers  (Can you transfer via Telex (KTT))
Can you transfer via Telex (KTT)
We cancelled our telex facility on 1 September 2023 (after 7 years).
The cost/benefit ratio was fully out of balance for a long time.
Many people tell us that they can move money via Key Tested Telex (KTT), but it is only a messaging system.
Telex does not move money.

Transfer to crypto  (Can you transfer to Kraken.com or any other crypto exchange)
Can you transfer to Kraken.com or any other crypto exchange
If you have contacts within the organisations that can make the connection, we will be glad to work with you.
We do not yet have the connectivity.
Transfer to my bank  (Can I transfer money to my bank)
Can I transfer money to my bank
All our account holders can transfer their funds freely between the accounts of other account holders and correspondent institutions.
We do not have the technical capability to send cash transfers via (central bank) systems like SWIFT, IBAN/SEPA, or Fedwire. The same goes for our correspondent entities.
If you need to transfer funds to ‘your bank’, we need to start corresponding relationships. Your introduction (if you have good relationships there) is crucial and greatly helps in this process.
All the details about Correspondent relationships for direct cash transfer: https://ftassetmanagement.com/Correspondent_Accounts.html

We have correspondent relationships with specific entities, which you can find more about here: https://ftassetmanagement.com/network.asp.

Please note:
-These entities are not banks like Bank of Africa or Bank of America.
-Account holders can use them to use the services they are offered.
-That enables more capabilities because of the global presence.

Transfer to my bank, more details  (Do you have more information regarding transfers to banks?)
Do you have more information regarding transfers to banks?
This is the process we need to establish to transfer money to your bank or other financial institution.
We already have a network of correspondent entities, and we would like to extend that.
FT Asset Management does not have the capability to send funds via SWIFT like conventional banks.
Since we do not have a bank license (which Sweden requires to have SWIFT Cash out facilities), we can propose an equally secure and reliable alternative.

We have placed our most updated details and documents regarding a correspondent relationship for direct cash transfers on this page: https://ftassetmanagement.com/Correspondent_Accounts.html.
When we set up the connection, we are ready to initiate fund transfers for project financing.

Did you not find the answer to your question? Let us know, send an email.