[caption id="" align="alignnone" width="474"] Reasons Why Grand City Investment Limited Is The Best For Loans, BG/SBLC Transactions[/caption] Grand City Investment Limited is a Licensed Money Lender that was incorporated in Hong Kong on MAY 29, 1984 with Company Registration No. 0137353 under the Money Lenders Ordinance...
Standby Letters of Credit Definition: Standby letters of credit is a bank’s undertaking of fulfilling the applicant’s obligations. A standby letter of credit is issued as a collateral and is therefore not intended to be used as a primary payment method unlike a commercial letter of credit. Standby...
[caption id="" align="alignnone" width="850"] Leased Standby Letter of Credit Providers[/caption] What Is a Leased Standby Letter of Credit (SBLC)? A Leased Standby Letter of Credit (SBLC) is a Standby Letter of Credit (SBLC), which is leased to a third party for a specific fee. The issuing...
Using Bank Guarantees (BG) for international trade IMPORT BANK GUARANTEES Bank Guarantees Are Used In International Trade Transactions To Finance Imports International trade is a risky activity – importers may not pay after receiving the goods and exporters may not deliver if they are paid in advance. To...
How to spot Fake Bank Guarantee and Standby Letter of Credit provider There is so much misinformation in the Bank Guarantee and Standby Letter of Credit Industry largely because there is a huge vacuum of information. So we advise everyone to be very sure that the...
BG SBLC MT760 Bank Guarantees Bank Guarantees Bank Instruments such as Letters of Credit and Bank Guarantees are frequently used but seldom properly understood. Whilst these ‘instruments’ are utilized in conventional trading on a day to day basis, they can also be employed in complex financial structures designed...
Bank Guarantee Provider and BG SBLC MT760 Provider Who Is A Bank Guarantee Provider (BG MT760)? Grand City Investment Limited is a leading Financial Services provider that is headquartered in Hong Kong to provide Lease Bank Guarantee, Standby Letter of Credit (BG/SBLC MT760), SBLCs, Letters of Credit,...
Bank Instruments- BG/SBLC What are Bank Instruments- BG/SBLC? Bank Instruments- BG/SBLC are financial instruments or documents issued by banks or other financial institutions to a customer or investor and used for different financial purposes and solutions. A bank financial instrument is a commitment in form of writing issued...
Standby Letter of Credit (SBLC) / Bank Guarantee (BG) Provider- Grand City Investment Limited Financial instruments, mainly Bank Guarantess or Standby Letters Of Credit (BG/SBLC), are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an...
HK-based US businesses to suffer in recent Biden admin advisory Hong Kong asserted the National Security Law reinforced its position as a financial and business hub. The Hong Kong government warned that US businesses and citizens will be casualties of the tension between the two territories after...
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