Standby Letter Of Credit (SBLC/SLOC) Overview
Standby Letter Of Credit (SBLC/SLOC) [caption id="" align="alignnone" width="778"] Standby Letter of Credit (SBLC) overview[/caption] Issued by: Grand City Investment Limited What is an SBLC? A Standby Letter of Credit (SBLC) is a bank-issued payment guarantee that serves as a safety net for businesses, ensuring payment if a client...