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 by a bank to pay a particular sum of money to a beneficiary on behalf of a bank’s customer in a situation where the customer/purchaser do not have the ability to pay or perform its obligation financially to the seller.

For the fact that a bank’s client can use a bank instrument in a transaction is a show that the individual has a proof of strong credibility financially and also capable of repaying.

However, it is important to know that though the bank is in charge of the paperwork of the bank instrument, it does not have any say in the development of the contract or even in the commitment to it. It’s only the bank instrument and the terms and policies associated with it, that is of interest to the bank. Therefore, bank instrument will be reimbursed for since the bank have to compile with the term and conditions stated.

We are the leaders in the financial instruments industry so when it comes to bank Guarantees, BG’s, Letter’s of Credit (DLC’s LC’s and SBLC’s, we have more than 200 banks on our list.

As Genuine Bank Instrument Providers, we offer the following types of instruments;

Stand By Letter of Credits- SBLC’s owned or leased
Bank Guarantees – BG’s leased or owned
Contract note Stamp
Letter of Credit
DLC’s
LC’s
SBLC’s for Goods
Term Notes
MTN’s
LTN’s
Sale of LTN’s

Most of these bank instruments can be provided as owned or leased, recourse or non-recourse, depending on the purpose they are going to serve.

We can arrange leasing of Bank Instruments:

Lease Standby Letter of Credit (SBLCs), Lease Bank Guarantees (BGs), Lease Medium Term Notes 100% Performance Guaranteed
Leasing Bank Instruments
Purchasing of Bank Instruments
Monetisation of Financial Instruments
Private Securities Trading Programs

Buying / Leasing a Bank Instrument (BG) or Standby Letter of Credit (SBLC)

A Bank Guarantee (BG) is the name used mostly in Europe and Standby Letter of Credit (SBLC) is exactly the same, but used in the USA. Since we are working globally you will see the expression BG/SBLC in some of our documents.

Our Purchased Bank Guarantees –  Owned, are issued by World’s Top 25 Banks. We use the Bank SWIFT Network to have clients’ Owned Bank Guarantees (BG) and Standby Letters Of Credit  delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760. We operate a reliable, efficient delivery and authentication process.

Grand City Investment Limited can help you in all of the above who need a source for either a bank instrument leasing or private securities trading program: We do have the necessary knowledge, experience and legal counsel behind us who has established business, banking & trader relationships due to these past working relationships over the last 25 or more years. We assist clients fund collateral; utilizing existing banking relationships, provides legal counsel, assists clients with the compliance process, and assists clients with repatriation issues to ensure your deal is achievable and can be successful with legitimate sources representing our clients on successful transactions.

We facilitate to high net worth individuals and corporations the opportunity to acquire Bank Instruments at minimal expense to the applicant compared to other banking options. The Instruments include Bank Guarantees (BG), Standby Letters of Credit (SBLC) and Medium Term Notes (MTN). Base on availability instruments may be available at a wide range of prices that are affordable, with easy and straight forward procedures which will able you to close your transaction on time. We work with experience collateral providers that will guide you through the process to accomplish your needs.

Due to the banking confidentiality issues, and to protect our law firm’s trade resources, the only way to protect the integrity of the relationship, and the integrity of the transaction, there MUST be a retained counsel; formal attorney/client relationship. Otherwise there can be no legal representation before and/or formal legal introductions made to these licensed & regulated financial institutions.

The value of working with Grand City Investment Limited is you get our initial expertise for FREE and that is invaluable when you want to complete a drama free, successful transaction. If you’re not a financial instruments expert, use one!
This is your chance to put us to the test and realise we can do what we say in an open, transparent and totally successful way.

· Cash instruments – instruments whose value is determined directly by the markets. They can be securities, which are readily transferable, and instruments such as loans and deposits, where both borrower and lender have to agree on a transfer.

· Derivative instruments – instruments which derive their value from the value and characteristics of one or more underlying entities such as an asset, index, or interest rate. They can be exchange-traded derivatives and over-the-counter (OTC) derivatives.

Grand City Investment Limited has long experience in issuance of SBLC & BG and we have successfully attained closure many times over. Corporations, Banks, Airlines Operators, Investment Bankers, Miners, Project Owners, Oil & Gas Traders and Refiners, Commodity Traders, etc. have successfully obtained SBLCs through us. If you follow our procedure, it is likely that you might obtain an SBLC provided you are financially capable to transact and possess the right business credentials.

As a growing trader, contractor, importer or exporter, a bank instrument (bg/sblc) from Grand City Investment Limited can help you to close more deals in your foreign trade deals or transactions.

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  (Chapter  163  of  the laws of Hong Kong). We are the providers of Trade Finance, Recourse Loan, Non Recourse Loans, Insurance, Investments, Wealth Management, Portfolio Management, Trade Platforms, Private Placement Programs as well as the issuance and monetization of Bank Instruments such as Standby Letter of Credit (SBLC), Bank Guarantees (BG), Usance LC, Letters of Credit, Differed Letters of Credit and Funding for companies, SME’s and private individuals.

We work with a number of world top ranking banks such as Citibank New York, Chase Bank, Welsfargo Bank, Bank of America, HSBC Hong Kong, Barclays bank London, Standard Chartered Bank London, Dubai or Hong Kong, UBS Switzerland, Deusche Bank AG Germany etc.

Our bank instruments are Cash-Backed and Stand as Obligation from our Bank on behalf of our Clients for their Credit needs, Business and Project Funding. All our Bank Instruments can be used to secure Funding for Projects, Business Expansions and Private Placement Programs (PPP).