Standby Letter Of Credit Discount Is A Payment Guarantee

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Welcome
The Hanson Group of Companies
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Standby Letter Of Credit Discount Is A Payment
Guarantee
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Irrevocable documentary

• The Standby Letter of Credit Discount is an
  irrevocable documentary commitment, separate from
  the sales contract, issued by the bank to a
  third-party beneficiary and promising to pay on
  behalf of the originator.

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Bank Guarantees in favor of seller

• A Standby Letter of Credit Discount is a payment
  guarantee generally issued by a bank the issuing
  bank on behalf of a client the applicant
  securing payment to a third party the
  beneficiary in the event the buyer fails  

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 Facilitates international transactions

• Payment Guarantee
• It can be issued under Buyers instruction in
  favor of the Seller. Provides payment obligation
  for the Buyer under a proposed contract.
• Performance Bond
• Issued under the Sellers instructions in favor
  of the Buyer as a guarantee of proper fulfillment
  of contract obligations by the Seller.

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Help minimize your risk for SBLC funding

• The Standby Letter of Credit Discount we provide
  is designed to protect the buyers commercial
  interests by eliminating the need to prepay for
  products or services. 

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Contact Us
Panama Office Address World Trade center, 1st
Floor, Commercial Area, 53th Street East
Marbella, Panama City, Panama United Kingdom
Office London, Headquarters for Asset Management
Partners Only. Email helpdesk_at_thehansongroupofco
mpanies.com UK Phone No (44) 208 720 6557