Qualify the financing route before final issuance.
Monetization is an independent financing analysis. Issuance, receipt and authentication do not themselves create financing.
Do not request final issuance before the monetization route has been qualified.
Proposed Instrument
Beneficiary, amount, currency, tenor / expiry, economic purpose and completed proposed wording.
Proposed Issuing Bank
Full legal identity, jurisdiction and SWIFT/BIC. Top-tier profile may be expected, subject to the monetization institution's actual eligibility criteria.
Monetization Institution
Prospective institution / financing route identified; bank and instrument eligibility assessed before final issuance where feasible.
From complete file to potential funding.
If the instrument is already issued, the process begins with instrument / bank review; no monetization is presumed.
Qualify the route before final issuance.
Use the executive flow for a rapid decision view, then the controlled requirements and execution documents for transaction-specific qualification.
Issuing Bank eligibility and Receiving Bank capability are separate controls. MON-03 addresses the proposed Issuing Bank / instrument for monetization; ISS-03 addresses the Receiving Bank qualification required for the No-Upfront issuance route.