Contact : +91-9321429583
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E-mail : support@bankguarantee.co.in
Trade Finance Instruments Program use a number of instruments designed to address funding needs of suppliers/exporters and /or buyers/importers of Member Countries. Trade Finance business is conducted through selected financial intermediaries such as commercial banks, leasing companies, designated financial Institutions through SWIFT messaging system.
A letter of credit is a document issued by a bank that guarantees payment to a seller on behalf of a buyer.
A bank guarantee is a promise by a bank to cover a loss in case a borrower defaults on a loan.
Proof of funds is a document or statement from a financial institution that verifies an individual or entity has a certain amount of money available.
Pre-Advice services are services offered by banks to inform the beneficiary of the details of a letter of credit before the shipping documents are presented.
Blocked funds services are provided by banks that blocks a certain amount of funds in an account for a specific purpose.
A bank comfort letter is a document issued by a bank that assures a third party of the financial soundness of a particular individual or company.
Willing and able letters are a document issued by a bank that confirms that an individual or company is financially capable of fulfilling a contract.
A standby letter of credit (SBLC) is a guarantee of payment issued by a bank on behalf of a client
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