Global trade can be financed with a ‘Standby Letter of Credit (SBLC)’ which is known as ‘Standby LC SBLC’ / MT760.
We facilitate your international trade by providing a MT760 thereby guaranteeing payment to the selling agency (Client-B) on behalf of the sourcing agency (Client-A).
The requirement is sent to us by the sourcing agency (Client-A). The letter has to be supported by either a duly filled up invoice or a MOU of sale-purchase between Client-A and Client-B. It gives a tentative valuation of the deal being undertaken.