BG/SBLC Meaning:

A Bank Guarantee(BG) is a written instrument guaranteeing by bank to a party(seller/creditor/beneficiary) on behalf of his customer(buyer/debtor/principal), to effect payment on default of obligation against submittal of written demand or other documents specified in the guarantee.

Letter of Credit – MT700.
One of the most important financial tools for international trade, the documentary Letter of Credit is an effective solution that helps eliminate risks for both the buyer/importer and the seller/exporter.

Improve cashflow.
Extend credit.
Ensure on-time shipments.
Avoid risk of cancellation.

Standby Letter of Credit – MT760.
A standby Letter of Credit, commonly known as an SBLC, is a type of warranty for financial contracts. The written obligations of an issuing bank to pay a sum of money to a beneficiary on behalf of their customer in the event that the customer does not pay the beneficiary.

 Affordable to issue and flexible.
Establish credit history with the exporter.
Time saver.
Faster payments.

3rd Party Advising (SWIFT).
At Dorax, we provide 3rd party advising (SWIFT) services. For these purposes, we use MT710, which is a special swift message type. Our highly qualified specialists will provide expert advice in short terms.

Secure.
Reliable.
Regulated internationally.

Contact:
Email: jasongavin44@gmail.com Telephone: + 44 7452 390049 Web: http://jasongavinmandate.blogspot.com

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