Trade Finance

Difference Between LC and SBLC English : Letter of Credit (LC): Standby Letter of Credit (SBLC): Key Differences: Purpose: LC ensures the seller gets paid as long as terms are followed, while SBLC provides security for contract or loan obligations. Usage: LC is primarily used for facilitating payment in trade Read more…

Understanding the Difference Between Bank Guarantees (BG) and Standby Letters of Credit (SBLC) English: Bank Guarantee (BG): Standby Letter of Credit (SBLC): Key Differences: Français : Garantie Bancaire (BG) : Lettre de Crédit Standby (SBLC) : Principales Différences :