BANK GUARANTEE (BG)/ STANDBY LETTER OF CREDIT (SBLC)
Description of instrument
Instrument: Bank Guarantee (BG)/ Standby Letter of Credit (SBLC).
Total Face Value: Minimum of 1M EUR/USD (One Million EUR/USD) to Maximum of 50B EUR/USD
(Fifty Billion EUR/USD).
Issuing Bank: HSBC Bank Holding Plc (Group)/AA Rated European Banks
Age: One Year, One Day
Buy/Leasing Price: 48%/6% of Face Value plus 2% commission fees to brokers
Delivery: Bank to Bank SWIFT.
Hard Copy: Bonded Courier within 7 banking days.
Golar Finance Limited
17 Crosswall, London EC3N 2LB
email@example.com – firstname.lastname@example.org