The leading construction contractor in UAE required a Payment Guarantee in Construction to get the advance payment from their project owner. So, they contacted us with their MT760 request. We...
Amidst COVID 19 Pandemic, the building contractor in Dubai got a building project from one of the developers in UAE. To sign the contract and to assure the positive completion...
Do you want to know the difference between LC and SBLC? Of course, both are the most popular financial instruments used in international trade transactions. Also, it helps traders to...
Standby LC – SBLC, a trade financial instrument primarily used in international trade transactions. Also, here we have outlined the easy steps to avail SBLC MT760 from rated banks, apply...
A Real Estate Contractor with good repute had taken an office building Project. To carry out the project, they required upfront from their counterparty. To avail Advance Payment, the contractor...
Financial Bank Guarantee MT760, the popular trade finance solution that provides protection to both importers and exporters in cross border trade. This is used to mitigate losses if a transaction doesn’t...
Trade Finance includes a wide range of financial tools – Letter of Credit or Standby LC. Further, these trade finance facilities help importers and exporters to secure their domestic and...
You can find few similarities between Letter of Credit vs Bank Guarantee. But actually, both MT700 & MT760 serve different purposes by acting as separate Bank Instruments.
A South African trader who supplies Urea globally got a contract from different buyers all over the world. To secure their trade deal, each buyer demands Performance Guarantee. Since the...
A South Korean trader got a contract for the supply of crude oil in huge quantity in barrels. They came across a reliable supplier in Saudi Arabia. The supplier demanded...
