UCP 600-Uniform Customs and Practice for Documentary Credits eUCP 600 (Version 2) The ICC recently issued a supplement on the latest eRules for the Uniform Customs & Practice for Documentary Credits (eUCP 600). This is the second version (V2.0). Here, we summarise the key changes in the eUCP...
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...
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...
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...
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...
