Brief presentation of FARGO BANK LIMITED

In periods of globalisation, financial crises, increasing inflation and the reorientation of the system that is commonly being called for, reliable partners are extremely worthwhile who on the one hand represent stability and on the other hand combat inflation and the risks of volatile markets with progressive concepts. The latest developments have demonstrated that spreading assets between several institutions is imperative as financial crises can also cause larger market players great problems at any time. A combination of risk spreading and high quality product solutions in combination with traditional values such as independence, flexibility, cooperation and discretion will be key criteria for customers in the future. Our customers reap the entire benefits of these values and competencies - both in terms of the building up of their assets and maintenance of liquidity with special terms and conditions, and also in the field of investment banking.



The target group of businesspeople and wealthy private individuals views the private banking concept of FARGO BANK LIMITED as an intimate and discreet solution of their individual wishes and problems in terms of the key banking functions. Restricting to the aforementioned target group of businesspeople and well situated private individuals excluded the foundation of a public bank in principle as these product solutions are unaffordable for the majority of clients. The essential business fields of FARGO BANK LIMITED result from this:



1. Trade financing



Trade financing offers the option of obtaining cash to conduct business at better terms and conditions than you have when using an overdraft credit. Trade financing involves the conversion of domestic and export receivables into cash shortly after they have been handed over. Insured receivables have a stipulated date when they are put into service and are easy to convert into cash compared to real estate. The sale of receivables benefits the balance sheet and makes it possible to access additional financing sources.



Guarantees (BG) / Standby letters of credit (SBLC)



FARGO BANK LIMITED provides bank guarantees (BG), standby letters of credits or

warranties in the name of the customers. They are generally importers, exporters or contractors whose business partners demand a promise of payment in some form. A BG or a SBLC is a written undertaking by the bank that in the event the customer does not meet a certain obligation the bank will pay the amount of money to the party in question in the name of the customer. BG‘s/ SBLCs or bonds can be conditional or unconditional. If the BG /SBLC is conditional this means that the party who wants to claim a guarantee must fulfil a few conditions before the guarantor is prepared to pay the corresponding sum to the party entitled to the claim. If the guarantee is a simple receivables guarantee this means that the party entitled to the claim in the document can demand the claim listed in the guarantee by means of a simple request.

Letters of credit (LC)

Letters of credit have existed since the first banks were founded. They are based on the principle that the creditworthiness of an unknown purchaser is replaced by the creditworthiness of a known bank. FARGO BANK PLC takes the place of its customer to meet payment undertakings provided the customer meets some conditions. This mechanism is called a credit or letter of credit. The conditions of the import or export letter of credit are generally known. These conditions apply if FARGO BANK LIMITED represents the import or export customer.



2. Capital investments

In conjunction with renowned cooperative partners such as banks, financial institutions, brokers and traders FARGO BANK LIMITED has exclusively developed a high quality product line which ideally matches the current life situations of our testimonials and achieves their goals to the highest possible extent.

Term money

FARGO BANK LIMITED offers term deposits with attractive fixed rates of interest for the short-term safe depositing and reliable disposal of money.

Commercial transactions

Commercial transactions or financial trades have always been irresistibly appealing for investors due to the opportunities they offer. However, it is extremely difficult to find an appropriate provider as the required entry volumes exceed the capabilities of a private investor. You have the option of directly participating in a high quality commercial transaction via a partner of the FARGO BANK LIMITED. In the case of a term of 24 hours, the collateralising of the capital employed and a brief capital commitment, opportunities arise for our shareholders which extend well beyond the standard range terms and conditions.

Forex

This FOREX market has a greater daily volume than every other market in the world. It is processed via the most important financial centres across the globe and is opened 24 hours a day from Monday to Friday. The FOREX market ranks among the most popular markets due its high levels of liquidity and capacities as well as the very advanced trends, not least due to the option of using very high levers with corresponding opportunities and risks. FARGO BANK LIMITED has selected the right partner and the ideal strategy from the many offers available as only the correct risk management and professional collateralisation options and decision making ensure above average asset growth at an acceptable level of risk in one of the most interesting markets.

3. Online banking



Online banking combines the speed, simplicity and straightforwardness of electronic banking that is available around the clock with an element of security which means you can sleep well at night. Account management that is exempt from attachment creates the freedom for the users of remaining flexible even during frantic periods due to the reserves at the FARGO BANK LIMITED no matter when you are performing bank transfers or obtaining liquidity via a prepaid card.



Our independence is imperative for the definition of a transparent selection of appropriate investment options with high levels of flexibility whilst using ideal investment mechanisms that are currently present in the market that are normally only available to certain market participants.



We are responsible for the success of our customers. Our personal commitment is a guarantee of our responsible conduct, as the interests of our shareholders are the interests of the entire FARGO GROUP: discretion, risk minimisation, yield optimisation, flexibility. We look after your money as if it was our own.







FARGO GROUP

53 Davies Street

London W1K 5JH

Great Britain

Phone: +44 (0) 20 3159 5052

Fax: +44 (0) 20 3159 5053

E-mail: info@fargobank.com

Internet: www.fargobank.com