Regular procedures to enter into a PPP program:
- Minimum amount to enter is 10M€ CASH.
- 40 week program
- KYC package would have to be fulfill by the client to be able to enter.
- Corporate Resolution
- PP copy
- POF not older than 3 days
- MT 760 to block funds
- Verbiage from client`s bank (MT 760)
- RWA from bank
The assets must be in a TOP 15 bank in the world with offices in Europe. (Before we start with procedures, we will need to know in which bank the assets are located as well as Country)
If you cannot submit or are not willing to submit any of these documents then you will never be able to enter into a PPP.