STANDBY LETTER OF CREDIT
STANDBY LETTER OF CREDIT
Country of Origin | India (HONG KONG) |
MOQ | 1 Piece |
Price | USD 1000000 / Piece |
Category | Business Services Commercial Services |
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STANDBY LETTER OF CREDIT
An SBLC is a financial instrument issued by a bank that assures payment to the beneficiary if their client fails to meet the necessary payment obligations. Primarily used for transactions involving material product purchase and delivery, a Standby Letter of Credit is offered with a maximum credit period of one year.
One of the most significant advantages of SBLC funding is that it permits product purchase in multiple shipments as the credit balance is being paid down or replenished. Such a guarantee further ensures uninterrupted and straightforward trade activity during the length of the contract period. The face value of an SBLC bank guarantee covers the entire contract amount, and the charges are levied accordingly.
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Supplier Info
Company Name | : |
Gacham Impex Limited |
Business Type | : |
|
Supplier Phone: | : | +9193611xxxxx |
Supplier Info:
Gacham Impex Limited
Tamil Nadu, India
Year Established: 2009
Business Type:
- Buyer
- Importer
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Send Your Message to: Gacham Impex Limited
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