In the case of a IB BG the investment platform will allow for 40 bank endorsed pay orders (BPO) payable over a 12 month period with each BPO valued at 5% of the value of the credit line obtained from the MT760 (85% of the face value of the BG). The first 4 will be issued in 25 to 30 days from the receipt and authenticity of MT760. The rest will follow based on a payment schedule which would be every 35 to 40 days, and each of them will be 4 BPO valued at 5% of the value of the credit line obtained from the MT760 (85% of the face value of the BG).