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A Standby Letter of Credit (SBLC) is a guarantee of payment issued by an issuing bank on behalf of a client that is used as a u201clast resort paymentu201d should the client fail to fulfill a contractual commitment with a third party.
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FINANCE WORLDWIDEWelcome to financeworldwidehk.com
About Us We have a very large Finance instrument that focus on large scale project all over the globe, Finance worldwide Limited is a leading provider of financial instruments to businesses all over the world and Our team of experts has years of experience in handling our clients and providing them with the right services as their requirements. Delivering timely services to all our clients is what makes us a recognized name in the world of financial instruments.
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Standby Letter of Credit A Standby Letter of Credit (SBLC) is a guarantee of payment issued by an issuing bank on behalf of a client that is used as a “last resort payment” should the client fail to fulfill a contractual commitment with a third party.