Bank Guarantee Overview- Types of Bank Guarantee, Advantages of Bank Guarantee, How to get Bank Guarantee A bank guarantee is an assurance that a bank provides to a contract between two external parties, a buyer and a seller, or in relation to the guarantee, an applicant...
In previous articles, we discussed different types of bank instruments such as Bank Guarantee, Standby Letter of Credit etc but in this article we will tell you everything you need to know about Letters Of Credit, the different types of Letters Of Credit and uses...
What Is BG/SBLC/SLOC and How Does BG SBLC Funding Work? Standby Letter of Credit (sblc / sloc) and bank guarantee (bg) are bank financial instrument that is issued by a financial institution such as a bank. These financial instruments can be used to obtain loan or...
Meaning of Banking Instrument [caption id="attachment_406" align="alignnone" width="677"] what is Bank instrument, Bank instrument provider, Bank instrument leasing, lease bg/sblc[/caption] A Bank Instrument is a financial instrument issued by a bank to a customer or investor and used for different financial solutions and purposes. Examples of Banking instruments...
How to Reopen Your Small Business Safely Despite COVID-19 Pandemic- GRAND CITY INVESTMENT LIMITED [caption id="attachment_398" align="alignnone" width="300"] How to Reopen Your Small Business Safely[/caption] As entrepreneurs, small business owners are used to setting goals and solving problems. However, the COVID-19 pandemic has forced many small businesses...
What Is a Standby Letter of Credit (SLOC)? [caption id="attachment_393" align="alignnone" width="720"] What is StandBy Letter of Credit (SBLC)?-Grand City Investment Limited[/caption] According to https://www.investopedia.com/terms/s/standbyletterofcredit.asp A standby letter of credit (SLOC) is a legal document that guarantees a bank's commitment of payment to a seller in the event that the buyer–or...
Bank Guarantee is a kind of guarantee from a financing organization. The bank guarantee signifies a lending institution ensures that the liabilities of a debtor is going to be met. In other words, if the debtor is unsuccessful to settle a debt, the bank will cover it. A...
Asia's leading Money Lender [caption id="attachment_360" align="alignnone" width="474"] Asia's leading Money Lender[/caption] Grand City Investment Limited is a Hong Kong based Financial Services Provider that was incorporated on MAY 29, 1984 with Company Registration No. 0137353. We are direct providers of Business Loans, Financing, Lease Bank Guarantees, Letter...
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Loans, Financing, Lease BG & Lease SBLC- Grand City Investment Limited [caption id="attachment_360" align="alignnone" width="474"] Loans, Financing, Lease BG & Lease SBLC- Grand City Investment Limited[/caption] Grand City Investment Limited is a Hong Kong based Financial Services Provider that was incorporated on MAY 29, 1984 with Company...
