Hubholz

StandBy Letter Of Credit — Purchase Or Lease An SBLC

In today’s financial markets there is misinformation pertaining to Bank Guarantee and Standby Letter of Credit transactions, largely due to the lack of correct information available. In order to keep informed one must go out of their way to learn about the industry and how it operates. The Bank Instrument industry is a world where …

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Trade & Commerce Finance Instruments — Commercial LC’s

Letters of credit (LCs) or sometimes known as documentary LCs are financial instruments. It is an instrument from a bank which guarantees a buyer’s payment to a seller if certain criteria are met. There are fundamental components of each type of Letters of Credit for International Trade and as such Letters of Credit law are …

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