Dear Partner/Associate, I am a direct Mandate to a genuinely renowned Investment Finance Company offering Cash & Asset Backed Financial Instruments such as BG/SBLC/LC/DLC on Lease and Sale at the best rates and with the most feasible procedures. Instruments offered can be put in all forms of...
a7.15 In the event of any difference between the total amount drawn from the established SBLC and the amount corresponding to the total value of the cargo effectively delivered, as assessed at the discharge port, then such difference shall be carried over to the next consecutive shipment. 7.15...
Difference Between LC and SBLC LC gives assurance to the seller that they will receive the payment, upon the submission of the document as stated in the issued LC. In the same way, Standby LC acts as a guarantee issued by a bank to fulfill the payment commitment towards the seller, in ...