The Truth About Bank Instrument (SBLC/BG) Upfront fees (Myths and Legends Busted!) Sometimes I can’t help but shake my head when I hear comments like “I need a bank guarantee or a standby letter of credit but I don’t want to pay any upfront fees” or “...
Bank Instruments Meaning, Uses, Types & Genuine Bank Instrument Provider Who is a Genuine Bank Instrument Provider? A Genuine Bank Instrument Provider is a financial services provider like Grand City Investment Limited that provides genuine banks instruments from some of the worlds biggest banks like UBS Switzerland, Barclays bank...
What are the Differences Between Standby Letters of Credit and Commercial Letters of Credit? Standby letters of credit and commercial letters of credit are two main documentary credit types used in international trade transactions. A standby letter of credit is a bank’s undertaking of fulfilling the applicant’s...
About Genuine SBLC/BG Available For Lease, Purchase and Monetization Authorized Signatory Buyers. Grand City Investment Limited is a renowned and genuine provider of BG / SBLC for Lease and Sale. Issuance is by top AAA-Rated Banks In Europe / USA. With over 30 years of experience...
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,...
A documentary letter of credit is an undertaking of the bank, which has opened a letter of credit on request of a buyer (applicant) to pay an amount to the seller (beneficiary) as specified in the letter of credit upon the provision of documents by...
