Standby Letters of Credit

For smooth international transactions

A standby letter of credit can be issued as an alternative to a guarantee and to satisfy the requirements of the US market.

This has all the characteristics of a guarantee except that it must have an expiry date, which can be extended at regular intervals at the option of the exporter to satisfy the requirements of the buyer.

At a Glance

Improve your cash flow

Eliminate the need to provide your buyer with cash as security against any breach of the contract.

Take the next step

Get in touch with a Specialist