ULTIMATE GUIDE TO BANKING FACILITIES IN TRADE FINANCE
(LETTER OF CREDIT (LC) & STANDBY LETTER OF CREDIT (SBLC)
Understanding banking instruments is critical in international trade… the right structure determines whether a deal succeeds or fails
SECTION 1:
LETTER OF CREDIT (LC)
(Primary Payment Instrument)
TYPES OF LETTER OF CREDIT (LC)
1. Irrevocable LC (Standard)
8. Sight LC
SECTION 2:
STANDBY LETTER OF CREDIT (SBLC)
(Financial Guarantee Instrument)
KEY SBLC CONTENT
1. SBLC Process (Draft → Final → Activation)
2. The History of SWIFT
3. SBLC Questions & Answers (Q&A)
4. SBLC Application Process & Requirements
5. Can SBLC / BG Be Issued by a Different Company?
6. 5 SBLC Scams You Should Never Ignore
7. SBLC: Who Pays and Who Holds the Risk?
KEY DIFFERENCE (LC vs SBLC)
- LC: Primary payment tool
- SBLC: Backup guarantee
MASTER INSIGHT
“LC facilitates trade… SBLC protects the deal.”
CONCLUSION
Understanding LC = understanding payment
Understanding SBLC = understanding risk
Both are essential in international trade
Need assistance structuring LC or SBLC for your transaction? Contact us.
CONTACT US FOR ASSISTANCE:
WhatsApp:
IR. Zaki
http://www.wasap.my/60192297179/OilPetroleum
(Mr. Saif)
http://www.wasap.my/60105375779/OilPetroleum
(Ms. Nur)
http://www.wasap.my/601129291396/OilPetroleum
Email:
gngroup.sb@gmail.com
sales.gngroupsb@gmail.com
Website:
https://www.gngroupsupplies.com/
https://gngroupsupplies.blogspot.com/