Description of Instruments ( Standby Letters of Credit (SBLC) / Bank Guarantees (BG)
1. Instrument: Fully Cash Backed Bank Guarantee (BG)
2. Total Face Value: Eur/USD 1Million (Min) to Eur/USD 50 Billion (Max)
3. Issuing Bank: HSBC London/Hong Kong, Barclays Bank London, Citibank New York, Deutsch Bank Germany or any AAA Rated Bank.
4. Age: One Year and One Day (with rolls and extensions where applicable)
5. Leasing Price: 4% of Face Value plus 2% brokers commission (Applicable only if there are brokers in the transaction)
6. Delivery: SWIFT MT-760
7. Payment: MT103 Swift Wire Transfer
8. Hard Copy: Bank Bonded Courier within 7 banking days.
OUR SERVICES ARE:
- Loans: (Non Recourse Loans, Business Loans, Secured Loans, Unsecured Loans, International Project Financing)
- Purchase Bank Instruments (Bank Guarantees and Standby Letter of Credit)
- Lease Bank Instruments (BG, SBLC, DLC, Letters of Credit)
- Letters of Credit (DLC, L/C, Usance LC)
- Investments and Wealth Management
- Insurance Underwriting Services
- PPP and Trading Platforms
- Corporate Finance