Is Torus Group a bank?
No. Torus Group is not a bank, does not accept deposits, does not hold client funds, and does not issue, guarantee or authenticate bank instruments.
Does Torus Group issue SBLCs, bank guarantees or documentary credits?
No. These are banking instruments. They may only be issued by a regulated financial institution acting under its own independent credit, legal, sanctions and compliance procedures.
What does Torus Group do?
We provide transaction-preparation, documentary-readiness and coordination support for corporate counterparties with a defined underlying commercial transaction.
Can an outcome or an instrument be guaranteed?
No. No financing, guarantee, SBLC, letter of credit, SWIFT message or other banking outcome is assured. Decisions rest exclusively with the relevant regulated financial institution.
Does Torus Group request bank account details or proof of funds through the website?
No. Do not send bank statements, proof of funds, IBANs, account numbers, BIC/SWIFT credentials, passwords or bank-message copies through the public website. Any later documentary exchange must use an agreed secure channel and be justified by the engagement scope.
Are fees payable for a bank instrument?
Torus Group does not publish or collect fees in exchange for an assured banking outcome. Any advisory or documentary-coordination fee, if applicable, must be separately documented in a written engagement letter. Banking fees, where applicable, are determined by and payable under the relevant bank's own arrangements.
How should a bank instrument be verified?
Verification must be undertaken independently through your own banking relationship and authenticated bank-to-bank channels. Do not rely solely on documents, screenshots, portals, telephone numbers or email addresses supplied by an intermediary.
How can a client verify the bank's capacity to issue the instrument before paying any fee?
Before any fee is paid, Torus Group recommends that the client verify the capacity-to-issue document with the issuing bank, following the interbank verification channel (SWIFT network) indicated in its official letter, or through any other equivalent channel the client may consider more appropriate via its own bank. Any applicable fee is only due once this verification has been confirmed as conclusive.