Ying Shelby's (grandcityinvestmentlimited) Blog

The answer to the above question is YES, but firstly, we need to understand how SBLC and/or BG works.I won’t be giving too much explanation in this article as I have already given in-depth information with regards to SBLC and BG in previous articles about monetization of bank financial instrument...

Project Funding via Non Recourse Loan (BG/SBLC monetization - monetization of bank instruments)   BREAKING NEWS: You can now obtain Non Recourse Loan Through Project Funding from Grand City Investment Limited through bank instrument monetization / monetization of bank guarantee & standby letters...

Before we talk about the advantages and disadvantages of using a Letter of Credit in International Transactions lets find out what A Letter of Credit Means. What Is a Letter of Credit?A letter of credit, or “credit letter” is a letter from a bank guaranteeing that a buyer’s payment to a seller wi...

What Are Standby Letters of Credit? A Standby Letter of Credit also known as (SBLC) is an irrevocable commitment or guarantee of payment by a bank or other financial institutions on behalf of their Client or in favor of the Beneficiary. Very much like Bank Guarantee, a Standby Letter of Credit c...