Give your business partners the assurance of payment, no matter what happens. With our Standby Letter of Credit you leverage on our trusted name that is globally recognised to conduct your business with ease.
A special kind of documentary credit issued to cover non-performance or default by a party.
Give your business partners the assurance of payment, no matter what happens. With our Standby Letter of Credit you leverage on our trusted name that is globally recognised to conduct your business with ease.
Trustworthy | Strong Standing | Assurance | ||
Positive reflection on your ability to fulfil payment obligations | Allows for greater negotiation power in setting trade terms | Ensure that the buyer will receive the goods or services that are outlined in the document |
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