Note to all customers: We can offer better-than market rates with all SBLC transactions. Ask Us.
Conditions for accepting SBLC instruments
1. Required info on each SBLC
a. The issuing bank.
b. The dates of issuance and expiry.
c. Are these leased or fresh cut (purchased).
d. Face value of the instrument.
e. The verbiage of the instrument in the main body.
f. Send copy of the instrument (if possible).
2. The monetizing
a. Is the desire to just cash up?
b. Or is the desire to take to trade?
We will accept some LC or DLC instruments but they must have a payment bond in place.
If Buyer is sitting on cash and wants to cash out, we have more attractive options.
ALL CREDIT APPLICATIONS HAVE TO BE SUPPORTED WITH FULL PAYEE AND BANK INFORMATION