STANDBY LETTER OF CREDIT

STANDBY LETTER OF CREDIT

USD 1000000 / Piece
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.

Country of Origin: India (HONG KONG)

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Supplier Info

Company Name :

India Gacham Impex Limited

Business Type :
  • Buyer
  • Importer
Supplier Phone: : +9193611xxxxx
GACHAM IMPEX LIMITED “GIL” consists of experts in Trade instruments and other financial products since 2009 to the date. With our expertise consultants we are able to offer premium tailored solutions through our internationally recognized team of experts WITHOUT CPLLATERAL. 1. LETTER OF CREDIT 2.STANDBY LETTER OF CREDIT 3. BANK... View Profile

Supplier Info:

Gacham Impex Limited

Tamil Nadu, India

Year Established: 2009

Business Type:

  • Buyer
  • Importer

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STANDBY LETTER OF CREDIT
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