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International Trade Facilities:
Commercial Letter of Credit and Documentary Letter of Credit (DLC). We offer international trade facilities for importers and exporters for importers and exporters worldwide. The Letter of credit or DLC are normally for short term pre-shipment credit or packing credit limits.
About Letter Of Credit:
The price range of such DLC or LC ranges from USD 100,000 up to USD 5 million. Normally the period for DLC or LC ranges from 60 days up to 180 days. Letter of credit or DLC (Documentary Letter of Credit) at Sight is different than Usance Letter Of Credit.
What is the difference between Sight Letter of Credit and Time Letter or Credit or Usance Letter of credit?
Many Importer / Exporter parties are confused between Sight LC and time letter of credit. Although both require certain documents, and both are common practice within the import & Export trade arena, there is clear difference between the two.
About USANCE LC:
A sight Letter of Credit becomes due as soon as the beneficiary presents the proof of delivery or proof of shipment, and other ancillary documents. Whereas, a Time Letter of Credit or USANCE letter of needs certain days to pass after submitting a letter of credit, proof of delivery or shipment, and other required documents, before the payment becomes due. Time period or Usance period is negotiated between buyer (Importer) and seller (exporter) which can be anywhere from 15 days to 360 days credit period.
About Bank Guarantees:
The most preferred way is BG or SBLC delivered between two banks using SWIFT MT799 PRE ADVICE and then issuing the SWIFT MT760. The Euroclear is also fast and well established which was founded by JP Morgan. The Depository Trust and Clearing Corporation is another method to deliver the bank instruments. Another player with an established network is Bloomberg which was founded in 1981 and is one of the most established financial transaction networks in the world.

About SBLC:
A Standby LC (SBLC/SLOC) and a bank guarantee (BG) may sound similar but are different in varying degrees. To first understand SBLC or BG Monetization, you first need to know about the Stand-By Letter of Credit and Bank Guarantee.
An SBLC or SLOC is a type of LC that guarantees the (seller) exporter to be paid a specific amount if the importer or beneficiary (buyer) fails to meet the obligations in the contractual obligation. It acts as a safety net for the exporter and ensures that they paid despite the unforeseen events from the importer party.
IMPORTANT NOTE: The LEASED INSTRUMENT CAN NOT BE MONETIZED. IT IS ILLEGAL. NEVER PAY ANY UPFRONT FEES FOR INSTRUMENT MONETIZATION.