What is Standby Letter of Credit? A Standby LC is a payment given by a bank on behalf of their client. It often referred to as a loan of last resort. That means the bank fulfills the obligations at the end of the contract, only if the client defaults.
Standby Letters of Credit shows the proof of the buyer’s ability to do trade and affirms their repayment abilities. Also, Standby LC gives assurance to the supplier that they will get their payment, it doesn’t matter whether the buyer declares bankruptcy or company closes down, or unable to make the payment for the received goods/services.
So, are you the one looking to avail Standby LC to conclude your deal? But don’t know where to get started? Being SBLC providers, we can support your import and export business by providing Standby Letters of Credit MT760 on behalf of the buyer and in favor of the supplier.
You may find 1000s’ of trade finance companies out there. But what makes us stand out from the rest is – we can provide Standby LC on your company’s behalf without obtaining any cash collateral.
Do you require SBLC to conclude your international trade transaction? Get started with the following steps to avail SBLC MT760 from Bronze Wing Trading L.L.C.
Being an SBLC Providers, we will help you by facilitating the required SBLC MT760 within 48 working hours. Contact us today to avail SBLC on behalf of your company from rated banks!
The Website Content is DMCA Protected.