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How Do I Issue A MT799?
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The short answer is that you don’t. Approach your bank, and make an arrangement with them to have an MT799 wired to the seller’s bank. Some banks are reluctant to issue MT799’s, as these make them liable for the full cost of the trade, which can sometimes be in the millions. A bank will normally not issue an MT799 without some form of collateral to secure their own interests, so be prepared to put up a hefty amount of collateral.
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