Standby Letters of Credit (SBLC) Reduce risks and maintain your work cash flow smoothly in your business during your next big trade What is a Stand by Letter Of Credit? SBLC or a Stand by Letter of Credit is a payment guarantee issued by a bank or financial institution that can be used for a wide range of commercial and financial transactions, local or international. This can be very helpful in protecting the seller or exporter and the buyer or the importer in getting paid and receiving ordered goods as in agreed conditions. SBLC is a direct guarantee of the bank to pay the recipient on a client’s behalf if he or she defaults. Some of the most common situations an SBLC is used in are repayment of trade loans, delivery of goods on an open account basis, or securing payment for goods/ services delivered by third parties. Most Trusted Stand by Letter Of Credit Service in Bangladesh With years of experience in the industry, at ZeroPlus EcoFin we are experts in offering reliable SBLC services for businesses of all industries and all sizes. Get in touch with us today with your inquiry.
Standby Letters of Credit (SBLC)
Reduce risks and maintain your work cash flow smoothly in your business during your next big trade
What is a Stand by Letter Of Credit?
SBLC or a Stand by Letter of Credit is a payment guarantee issued by a bank or financial institution that can be used for a wide range of commercial and financial transactions, local or international. This can be very helpful in protecting the seller or exporter and the buyer or the importer in getting paid and receiving ordered goods as in agreed conditions. SBLC is a direct guarantee of the bank to pay the recipient on a client’s behalf if he or she defaults. Some of the most common situations an SBLC is used in are repayment of trade loans, delivery of goods on an open account basis, or securing payment for goods/ services delivered by third parties.
Most Trusted Stand by Letter Of Credit Service in Bangladesh
With years of experience in the industry, at ZeroPlus EcoFin we are experts in offering reliable SBLC services
for businesses of all industries and all sizes. Get in touch with us today with your inquiry.
