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History of Money: The invention of money took place before the beginning of written history. Consequently, any story of how money first developed is mostly based on conjecture and logical inference. The significant evidence establishes many things were bartered in ancient markets that could be described as a  medium of exchange . These included livestock and grain–things directly useful in themselves – but also merely attractive items such as  cowrie shells  or  beads  were exchanged for more useful  commodities . However, such exchanges would be better described as  barter , and the common bartering of a particular commodity (especially when the commodity items are not fungible) does not technically make that commodity " money " or a " commodity money " like the  shekel  – which was both a coin representing a specific weight of  barley , and the weight of that sack of barley.   Due to the complexities of ancient history (ancient c...
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REQUEST FOR YOUR MONETIZED BG/SBLC. Am a Provider for Lease/Purchase, Bank Guarantee(BG), StandBy Letter of Credit (SBLC) and other Financial instruments at reasonable prices.Issuance IS by top AA rated banks in USA, Europe or Middle East. Kindly reach out to me if you need any of the above services & or solutions. Regards, Jason Gavin Telephone/WhatsApp: + 44 7452 390049 Twitter: @JasonGa58390383Web: 
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PERSONAL FINANCE  LOAN BASICS. What Is a StandBy Letter of Credit (SBLC)? A standby letter of credit (SBLC) is a legal document that guarantees a bank's commitment of payment to a seller in the event that the buyer–or the bank's client–defaults on the agreement. A standby letter of credit helps facilitate international trade between companies that don't know each other and have different laws and regulations. Although the buyer is certain to receive the goods and the seller certain to receive payment, a SBLC doesn't guarantee the buyer will be happy with the goods. A standby letter of credit can also be abbreviated as SBLC. How a Standby Letter of Credit Works. A SBLC is most often sought by a business to help it obtain a contract. The contract is a "standby" agreement because the bank will have to pay only in a worst-case scenario. Although an SBLC guarantees payment to a seller, the agreement must be followed exactly. For example, a delay in shipping or a mi...
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