Once upon a time in a city far far away a lonely man with no money decided it would be fun to start a rumor.... He had played the game of Chinese Whispers before and thought it would be a great joke if he told everyone that...... You could get Free Bank Guarantees, without paying any money until the BG was delivered to the funder.
In a daring moment the lonely man spread the rumor to all his friends, within weeks everyone was talking about how you could get Bank Guarantees worth Millions of Dollars for FREE, without ANY Money Upfront, Free Bank Guarantees! The news spread like wildfire as desperate people latched on to the hope of a pipe dream that was started as a lie and was in fact 100% Untrue the entire time!
The Sad Reality is our industry is full of people that believe the fairy tale that Bank Guarantees can be obtained with NO MONEY UPFRONT. The fact is they can't! They never have been able to be purchased for free and they never will be! ALL banks especially Top 100 banks charge fees to create and transmit the Bank Guarantee to a Funder. NO BANK will do that for free! No Bank will take the risk on a transaction for the customer. NONE!
If the bank is not paid, no Bank Guarantee will EVER get sent. And if the customer (you) are not paying for the bank guarantee to be sent.... then it wont be sent and no deal will ever be concluded! You can be absolutely sure that NO BG ISSUER is going to pay the bank fees for you, why would they? If they own the BG and they pay the Bank Fees as well, why do they need you as the customer? They may as well transmit the BG to the Funder themselves and keep all the profit for themselves. Why would they share a cent with a client who has put up no money and taken no risk?
Its just a bad joke that people believe the free BG fairy tale! Regrettably so many people are busy believing the "I can get a Bank Guarantee with No Upfront Fees Lie" that they waste hundreds of hours each year trying to find the Gold at the end of the Rainbow that DOES NOT EXIST & NEVER HAS EXISTED!
$1,000 Reward Offered
We will pay any client $1,000 who can show us documented evidence of all stages of a BG Transaction being Issued, Funded and over 1 Million Dollars being paid to the clients account with the client putting No Money Upfront. Yes thats right, we will pay any client who has transacted a deal $1,000 if they can show us accurate, factual, irrefutable documentary proof that they have completed the funding of ANY BG transaction (must be a recent transaction of no more than 3 months old) with ANY rated bank and banked a profit of over 1 million dollars.
Please, I beg you, prove us wrong! If there are hundreds of people doing Bank Guarantee Deals for Free.... and there should be because everyone is talking about it...... then come take our $1,000 money!
IMPORTANT NOTE - As of the original date this article was posted, which was 25th February 2015.... NOT ONE SINGLE PERSON has EVER come forward with ANY evidence EVER that ANY one has EVER completed a Bank Guarantee Deal for FREE!
The truth is this..... too many people have been scammed out of Upfront Fee Money, and as a result of having a bad experience those same people made up an investment rule up in their mind that they would now only enter a transaction if they did not have to risk any money or put any money up front. This effectively created a rule that prevents them from having ANY success or EVER completing ANY BG transaction because without money paid upfront to cover the bank costs, NO deal will ever get concluded!
Try going to your local airline and telling the airline i need you to fly me across the country for free and when i get to my destination i will pay you then! See how many plane rides you can take..... NONE! Freeloaders get Nowhere!
The problem with most people is they haven't thought through their own logic, they are so caught up in the greed and dream of making millions of dollars from nothing that they have never considered the possibility that they are believing in a lie. There are no free lunches in life, there certainly are no free million dollar lunches in life, if you don't pay for it you don't get it, its that simple. You get what you pay for, pay nothing, get nothing. Its the most fundamental economic principle and Bank Guarantees are operating in the center of the economic world.
If free Bank Guarantees were a reality..... Every homeless person in Europe would be doing BG deals every week.
But FREE Bank Guarantees are not a reality, they are a fairy tale, a legend promoted by poor people to live on the hope of a dream to get rich from nothing. You have more chance of buying a lottery ticket and winning the lottery than ever completing a BG Deal for free. At least with the lottery ticket you paid the money to receive the chance.
With BGs, if you don't pay to play, you will never get your money day.
This article was republished with the permission of the original author.