The Standby LC or SBLC (MT-760) is a Standby payment guarantee issued by a bank on behalf of their client that is used as "payment of last resort" should if the client is fail to fulfill a contractual commitment with a third party.
Standby Letters of Credit are created as a sign of good faith in business transactions and are proof of a buyer's credit quality and repayment abilities.
Standby Letter Of Credit is often used in International trade transactions, such as the purchase of goods from locally and internationally. Standby Letter of Credit can be used as Collateral for Credit Enhancements. It is ideal for Companies planning to expand their business and do not want to give up equity of their Company. This improves company's cash flow as it allows the company to use their funds for alternate purposes before payments become due.
Our experts are structuring Standby Letter of Credit to meet your business needs while helping to protect your interests to the extent in every possible circumstances.
Bronze Wing Trading L.L.C. has been providing Standby Letter of Credit on behalf of their client/buyer to fulfill a contractual commitment towards the supplier/beneficiary.
Contact Us to see how you can utilize Standby Letter of Credit to expand your business.
Testimonials
William Kings, USA
Bronze Wing Trading assisted us with Bank Guarantee for our fuel deal.
We had wonderful experience in dealing with your company.
October 05, 2011 1:38 PM
David Nyamekor, Togo
We were delighted with the warm welcome received in Bronze Wing
Trading's office in Dubai. We received various trade finance solutions
in our meeting for our sugar deal. Our supplier has received the SBLC
provided by you and is now shipping us the sugar.
October 16, 2011 1:54 PM
David Mulombwa, Ghana
For few weeks, I had been trying to find solution for my trade finance
problems, that's when I searched in Google and found your company. I was
amazed by the staff feedback which was provided to me for my
performance bond which led to the successful deal with my buyer.
September 25, 2011 8:39 AM
Motaung Chung, Panama
Our company approached Bronze Wing Trading for Bank Guarantee service
and we were provided at very reasonable charges and were given prompt
services. Appreciate your professionalism.
September 17, 2011 8:42 PM
Press Release
October 26, 2011
Banks says "No"to traders, BWT says "Yes" to them.
BWT revolutionizes perception of trade financing facilities to a new level.
