Advantage 1: Risk Reduction:
Both instruments offer enhanced security for both parties.
Advantage 2: Accessibility
Ideal for large international transactions and high-value projects.
Advantage 3: Versatility
Applicable across diverse sectors, including energy, real estate, and commodities.
Advantage 4: Flexibility
Customizable to meet the needs of various business transactions and agreements.
Process to Obtain an SBLC or BG
- Analysis of Client Needs and Objectives.
- Determination of the Best SBLC or BG Option.
- Client Information Sheet (KYC or CIS).
- Documents Proving Good Legal Standing.
- Banking Details.
- The Bank issues the SBLC or BG using the Swift system (MT799 or MT760).
- The Beneficiary is Notified of the Guarantee Assignment.
Commodity Trading: SBLCs and BGs secure payments in trades of commodities like coffee, cocoa, and gold, reducing market risks.
Real Estate and Energy Projects: Investments in real estate, energy (oil, gas), and renewables, ensuring successful projects and protection for investors.
High-Value Transactions:These instruments secure large transactions, such as mergers and infrastructure contracts, ensuring trust in global deals.
International Business and Trade: These instruments facilitate international trade by securing payments and contract performance across borders, reducing risks in global business
Financial Investment Projects:
SBLCs and BGs help secure financing for large investments, offering guarantees to protect investors and lenders in complex projects.
Banking and Insurance:
Banks and insurers use SBLCs and BGs to secure large loans or insurance contracts, providing reliability in high-risk financial transactions.