To apply for a Standby Letter of Credit, you would need to provide your company details, the purpose for which you need the credit, the required duration, and any other relevant information. Our team will guide you through the process and ensure a smooth application.
What is the difference between a Documentary Letter of Credit and a Performance Guarantee?
A Documentary Letter of Credit is a payment guarantee issued by a bank on behalf of a buyer to ensure the seller receives payment, while a Performance Guarantee is issued to ensure that a contractual obligation is fulfilled. Our experts can provide detailed explanations tailored to your specific needs.
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