IP-IP transfer payment

IP-IP Receiving

Ipip receivers are needed when the sender disburses funds. Hire an Alef Invest consultant today and enter into an agreement with a qualified manager.

Why IPIP?

IP transmission is widely used worldwide for executing investment opportunities, business obligations, or payments to beneficiaries. They can also serve as a framework for private financial agreements and placements. Due to its historical characteristics, IP receivers are less common.

Summarizing...

IPIP is used to instruct the movement of funds from a non-custodial account to a registered account before transfer to the beneficiary institution(s).

What You Can and Cannot Do with IPIP Transfer

1. Debit Institution

   1. Funds can be sent to a financial institution for debiting the Sender's account, held by the Receiver, and crediting the Sender's account at the institution indicated in field 57a.

2. Multiple Disbursements

   1. This message can also be sent to a financial institution servicing multiple accounts for the Sender to transfer funds between these accounts.

3. Not Suitable for Credit

   1. This message should not be used to order funds movements related to a customer's basic credit transfer sent through the cover method. For such payments, MT 202 COV or MT 205 COV should be used.

IPIP Onboarding Process

• Step 1

  • Onboarding

  • Current state D.D. Processes
  • The SWIFT KYC registry is a key component of our successful D.D. (Due diligence) process. Currently, all essential forms such as CIS and KYC are being collected. Some countries regulated by ICC use software for facial recognition during the adaptation process. In case of facial recognition requirements, Alef Invest is available for registration to provide.
• Step 2

  • Private Agreements

  • Private structures for unique clients
  • For owners and investors who invest in multiple locations or require funds to be delivered to multiple locations for trading, a private financial agreement will be placed in the file for audits conducted by any participating government agencies.
• Step 3

  • Performance Hour

  • Initial tranche
  • Most large files over $10,000,000 will start with an initial tranche of a smaller amount, establishing connectivity and reliability among all operating banking structures. Most initial tranches start at $100,000. Delivery time will depend on the location of all parties involved.

Standard IPIP Procedure

Example procedure

1. SENDER AND RECEIVER SIGN, INITIAL, AND SEAL THE AGREEMENT, MAKING IT A FULL COMMERCIAL RESOURCE CONTRACT.
2. RECEIVER SHALL PROVIDE THE SENDER WITH THE NECESSARY BANKING DETAILS FOR THE FUNDS TO BE TRANSFERRED TO RECEIVER'S BANK ROUTING (IP/IP).
3. RECEIVER SUBMITS THE AGREEMENT TO RECEIVER'S BANK AND OBTAINS CONSENT.
4. SENDER RELEASES MT 199 OF READINESS TO ISSUE A SPECIAL IP-IP TRANSFER TO RECEIVER'S BANK. (MAY NOT BE INCLUDED)
5. RECEIVER ISSUES SWIFT MT 199 OF READINESS TO ACCEPT THE IP-IP TRANSFER. THIS IS BANK AND RWA CONFIRMATION.
6. SENDER TRANSFERS FUNDS THROUGH IP-IP TO RECEIVER'S SERVER AND, UPON SUCCESS, PROVIDES RECEIVER WITH A SECURE COPY OF SERVER SLIPS WITH TRANSFER DETAILS WITHOUT FINAL CODES.
7. RECEIVER (OR A THIRD PARTY COORDINATING WITH RECEIVER ON BEHALF OF RECEIVER) RELEASES APPROVED BANK PGLs WITH EACH TRANSFER AMOUNT FOR IPIP.
8. AFTER PGL VERIFICATION, SENDER RELEASES FINAL CODES FOR DOWNLOAD WITHIN 24 HOURS OF PROVIDING SERVER SLIPS WITH FINAL CODES TO RECEIVER'S BANK OFFICER SHALL BLOCK.
9. ADDITIONAL TRANCHES WILL BE INITIATED BY SENDER, RECEIVED AND REDISTRIBUTED/REINVESTED BY RECEIVER ACCORDING TO THE ABOVE PROCEDURE.

How Long Does IPIP Take?

5 BANKING DAYS FOR REINVESTMENT AND PAYMENT IN ACCORDANCE WITH BPU/PGL TERMS. THIS PAYMENT MAY BE MADE BY A THIRD BANK.

What Are the Rates?

• Private Placement

  • Most IP transfers are structured with private placement by the client. The fee for opening and managing an international bank is included.
  • 10% *in this example
  • Alef Invest will receive 10% of the total gross profit.

• IP-IP

  • IP transfers come with various risks for bankers and require flawless files for execution.
  • Example
    • 50% *in this example
  • CLIENT WILL RECEIVE 50%

• Initial Deposit

  • Includes an additional account and standard third-generation international compliance, with options for biometric scanning. 
  • $150,000 
  • *Deposit terms, including any applicable restrictions, may be subject to negotiation.

Questions Alef Invest Asks at the First Meeting

During this call, our consultant will need to know:

1. Type of asset
2. Location of the asset
3. Institutions dealing with the asset
4. Type of asset-backed value
5. Overall goals