Procedure for utilization of the certificate of capital to get working capital from commercial banks

1. Entrepreneurs requiring certificate of capital must meet the following criteria first by

proving :

1.  a clear legal status identity
2.  a legal office address (place of business)
3.  an operating management
4.  a bank account for a recordable period
5.  a membership of a local Chamber of Commerce or ICC 

2. Entrepreneurs must have a handling bank which is fully responsible and capable to verify

and process the special account called the Global Collateral Account (GCA) 103357777.

3. Entrepreneurs, who meet criteria in points 1 and 2 stated above, may apply to representative

of The Collateral House and /or GCA Authority by submitting the application form of Certificate of Capital (request letter for The Certificate of Capital) that has been drafted by The Collateral House.

4. Every applicant who has been approved by The Collateral House will need to sign a joint

venture agreement called memorandum of understanding (MOU) with the representative

of The Collateral House and /or GCA Authority, thus becoming partners in fact and de jure. 

5. Applicants may then submit the memorandum of understanding (MOU) to the handling

bank to process the first use of the Certificate of Capital.

6. Based upon the bank confirmation letter from handling bank, both parties will then sign

the memorandum of agreement (MOA) as the basis for the utilization of the funds

originated from the Certificate of Capital.