Face Value of the Securities - difference currencies
Minimum 1 Mn $ Maximum 100 Mn $
From SBLC Providers available across countries like Netherland, UK, Zurich, Hong Kong, Singapore, most of the companies are part of asset management, hedge, trading entities.
Financial Securities issued from Non-Commercial Banks
Soleil Chartered Bank, New York - SBLC & DLC.
Winter Bank, Vienna - SBLC & DLC.
Standard Commerce Bank, Dominica - DLC
Micro Capital Bank, India - SBLC & DLC
Financial Securities issued from Commercial Banks
HSBC France E SA - SBLC only
HSBC Bank PLC - SBLC, BG & DLC.
Barclays Bank PLC - SBLC & BG.
BNP Paribas SA - SBLC, BG & DLC.
Deutsche Bank AG - SBLC, BG & DLC
Eligibility Criteria to Get an Bank Security (SBLC & BG)
Minimum at least 5 Years Business Experience in the Industry.
Well prepared Business Plan & Cash Flow Projection.
Applicant and Applicant’s Company should have Decent Credit History.
Good and constant cash flow
Age between 23 years and 65 years at the time of applying.
A good relationship with your bank, to prove that you may require to submit Bank Reference Letter.
A timely debt repayment history.
Applicant should have an active Trade Account in the same bank from which he/she is applying for
the Bank Security (SBLC/BG).
Documents Requirements to Apply
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Identity and address proof (Preferably Passport)
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Proof of business (Preferably Business Registration Certificate)
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Business profile
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Business plan & Cash Flow Projection
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Profit/loss statements and balance sheets of the previous year.
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CV of the Applicant.
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Bank Reference Letter.
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Previous year's Audit report.
Once we receive the above, the following shared to client
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Client Information Sheet (CIS)
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Letter of Intent (LOI)
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Pro-forma Invoice - Only for DLC
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Corporate Resolution (CR)
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Non-Solicitation Statement (NSS)
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Non-Circumvention and Non-Disclosure Agreement (NCNDA)
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Irrevocable Master Fee Protection Agreement (IMFPA)
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Approved SWIFT Verbiage
**Each SBLC providers have a standard lending guidelines and transaction processing to be reviewed by client before signing contract.