Standby Letter of Credit (SBLC)
A Standby Letter of Credit (SBLC) or Bank Guarantee (BG) is an effective method to secure payments for recurring business transactions. SBLC or BG can also serve as collateral for raising funds for high-value projects. These instruments are available starting from US $500,000, issued by various banks and financial institutions according to the specific requirements of the underlying trade.
We have successfully issued the SBLC for high value trade transactions in Oil & Gas, Sugar, Gold & Aviation
Bank Guarantees (BG)
Bank Guarantees are similar to Standby Letters of Credit (SBLC) and can be used as an alternative. For tender and contract purposes, we also offer Performance Bank Guarantees (PBG) and Advance Payment Bank Guarantees (APBG).
We have successfully issued PBG for tender purposes in India including NHAI, Bharat Coking, ONGC, Coal India and many more