top of page
SBLC BG Direct Provider

...

Bestford Head logo.png

How can I get a Standby Letter of Credit?

​

  1. Complete our Customer Information Sheet for due diligence,

  2. Upon Approval, we send you a Deed of Agreement (DOA),

  3. Upon signing DOA, remit an origination fee to our beneficiary bank,

  4. Our bank sends you Pre-Advice RWA MT799 to confirm recipient,

  5. Our bank sends you a Standby Letter of Credit MT760,

  6. Remit the leasing/purchasing cost in thirty to ninety days.

​

How can I monetize a Standby Letter of Credit?

​

  1. Complete our Customer Information Sheet for due diligence,

  2. Upon Approval, we send you a Deed of Agreement (DOA),

  3. Upon signing DOA, remit an origination fee,

  4. Our bank sends us a Standby Letter of Credit MT760,

  5. We monetize and remit 70% of the face value to your beneficiary bank.

​

bottom of page