Standby Letter of Credit
A Standby Letter of Credit helps your company source by providing SCB's guarantee of payment to your vendor if the contractual obligations are met.
Product Detail
A Standby Letter of Credit helps your company source by providing SCB's guarantee of payment to your vendor if the contractual obligations are met.
● SCB guarantees payment to your vendor
● Increases your business opportunities
● Good financial history
● Business track record. (Number of years depends on type of business.)
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