- Client completes application form.
- Y4M sends client :
- Complete instrument draft
- Invoice
- Agreement to be signed by client
- Client reviews the draft with any relevant third parties (i.e. beneficiary)
- Client request changes by filling out Y4M amendment form.
- Client receives revised draft and repeats step 3
- Client provides Y4M with the following :
- Signed and approved copy of the final draft for issuance
- Certificate of incorporation of Client Company
- List of shareholders of Client Company
- Passport copy of main shareholder of Client Company
- Y4F Agreement by signed by authorized signatory of Client Company
- Y4F receives required issuance fees
- Issuing institution issues per wording client approved.
- Client receives swift copy of the issued instrument.