International Trade>International Guarantee Solutions​>International Guarantee/ Standby L/C Issuance

Key Features

Reassure trade partners.  

Reassure trade partners

With the our international guarantee/standby L/C acceptable worldwide

Penetrate new markets, worldwide.  

Penetrate new markets,
worldwide

Risk advisory services.  

Risk advisory services

On risks arising from terms & conditions in the letter by our extensive global network

Documents Requirement

Service Details

Conditions

The wording in the guarantee or standby L/C must be approved by the bank

Fees

Depends on the type of guarantee standby L/C

How to Apply

  • A guarantee or standby L/C application is first submitted by the customer
  • The bank checks the application, related documents, and credit line availability for approval
  • Upon approval, the customer pays the fees, and the bank issues a guarantee or standby L/C to the foreign
    beneficiary and delivers a copy of the document to the applicant
  • The agent bank in the foreign country informs the beneficiary about the guarantee or standby L/C
  • Terms & Condition

Documents Requirement

  • Application for Issuance of Letter of Guarantee
  • Other related documents such as relevant sales contracts, an invitation for bids,
    and/or your required wording format might be required