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SBLC( STANDBY LETTER OF CREDIT) Monetisation

SBLC Monetisation The reason Standby Letters of Credit are leased is so that they may be monetised. SBLC Monetisation allows companies to obtain loans and lines of credit. A “Leased” Standby Letter of Credit will have the exact same features as a “Leased” Demand Bank Guarantee. The verbiage within the format will be exactly the same as a “Leased” Demand Bank Guarantee. This verbiage will be absolutely precise and exact. The “Leased” Standby Letter of Credit will be governed by ICC Uniform Rules for Demand Guarantees, (URDG 758). It will be payable on first demand. To monetise the Standby Letter of Credit the SBLC Provider will instruct their bank to transmit the instrument to the beneficiary’s bank. The beneficiary’s bank will apply the Standby Letter of Credit to their account. Once the beneficiary has taken ownership of the Standby Letter of Credit they can apply for credit facilities. They can approach their bank and offer the instrument as security against a loan or line of credi...
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SBLC ( STANDBY LETTER OF CREDIT ) BROKER OF THE MONTH

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Rainer Rudolf Umert , Esq Financial Planner & Advisor/ Trade Finance Specialist Direct Email: rainerumert55@gmail.com Office eMail : rainer@sblcbrokers.com Msc CEIBS, Chartered Alternative Investment Analyst (CAIA), Certified Financial Planner (CFP) MBA CEIBS – China Europe International Business School Chartered Alternative Investment Analyst (CAIA) Certified Financial Planner (CFP)  
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SBLC STANDBY LETTER OF CREDIT LEASE

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  Collateral Transfer  It is a known fact that banks have been reducing their loan books for years. Thus, today it is so much harder for companies to obtain loans and lines of credit. In Switzerland we are lucky to have one of the market leaders in Collateral Transfer. Collateral Transfer is the means by which a company seeking credit facilities can obtain a SBLC “Lease.” Two parties, the SBLC Provider and another company, (referred to as the beneficiary), will sign a Collateral Transfer Agreement. The SBLC Provider agrees to “lease” to the beneficiary, usually for one year, a Standby Letter of Credit. The beneficiary agrees to pay the SBLC Provider a fee for “leasing ” the Standby Letter of Credit. This is referred to as the Collateral Transfer Fee. If you enjoyed this article and you want to read more interesting articles like this please visit our website: www.sblcbrokers.com SBLC INTERMEDIARE ( www.sblcbrokers.com ) We are direct providers of Loans,  Trade Finance P...
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