Description
We deliver leased BG/SBLC, fresh cut issuance by HSBC Bank London
to your Organization or individuals with their preferred text
verbiage approved by your bank as a standard ICC formats and its
Unconditionally Transferable Assignable, Callable and
Authentication Verifiable bank to bank. Our terms and
procedures are so flexible and workable by RWA clients who can use
our instrument for viable business transactions, i.e., cash back
facilities,
Credit enhancement, PPP and project funding, real estate,
construction etc.
DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG)/SBLC
2. Total Face Value: Euro 1M MIN and Euro **0M MAX
3. Issuing Bank: HSBC Bank plc London/Hong Kong
4. Age: One Year, One Day (extendable allowed)
5. Leasing Price: 5% of Face Value
6. Delivery SWIFT TO SWIFT
7. Payment: Wire Transfer
8. Hard Copy: Bonded Courier within Seven banking days
