Bernard Group AG arranges the monetisation of bank instruments — Bank Guarantees (BG), Standby Letters of Credit (SBLC) and Irrevocable Documentary Letters of Credit (DLC) — enabling a holder to raise cash liquidity against an instrument without selling the underlying asset.
Monetisation rests on the legal mechanics of assignment and pledge. The instrument is delivered bank-to-bank over the SWIFT network — by MT760 for guarantees and standbys, or MT700 for documentary credits, with MT799 pre-advice where required. The holder assigns the proceeds of the instrument, or grants a security interest over it, to the funding party; against that security, a credit facility or non-recourse advance is made available. As a structuring counterparty, Bernard Group supports the transaction with its own capital — not merely as an intermediary introducing parties.
Monetisation is governed by the same International Chamber of Commerce rulesets that govern issuance — UCP 600, ISP98 and URDG 758 — read together with the assignment and pledge provisions of the applicable law and the terms of the facility agreement. Title, control and the conditions of release are documented in full before any value is advanced.
The amount available against an instrument is not fixed; it is determined by analysis — the credit standing of the issuing bank, the type, operative wording and tenor of the instrument, its assignability, and the structure of the transaction (recourse or non-recourse). Indicative terms are provided only after review of the instrument and the issuing bank; no advance rate is confirmed before due diligence is complete.
01 · Preliminary assessment. Review of the instrument and the issuing bank, confirmation of the accuracy of the information provided, and a preliminary appraisal of value.
02 · Consultation and documentation. Development of the transaction structure and the preparation and agreement of all required contracts and security agreements.
03 · Identification and compliance. Client onboarding, AML / KYC review, and confirmation of the origin of the instrument and the source of funds.
04 · Delivery of the instrument. Bank-to-bank delivery over the SWIFT network (MT760 / MT700, with MT799 pre-advice where required) and execution of the assignment or pledge.
05 · Verification and financing. Authentication of the instrument by the receiving bank; following perfection of the security, the funding party advances the funds on the agreed terms.
Every transaction is conducted under Swiss law and rigorous AML / KYC standards with source-of-funds verification, and held in strict confidence. Transactions that cannot be fully evidenced and documented are not accepted.