We are provider for the applicant / issuer of Stanbic IBTC Bank.
tired of hearing from the funder / monetizer / trader saying that
their receiving banks do not accept the bank instrument
from the non rated financial institutions (Soleil, Suisse Credit Capital
Limited, Ricom, Estrategia, etc) because these institutions are not
licensed commercial bank and do not have the financial capital to back
their guarantee. Stanbic IBTC Bank, Plc is a rated and licensed commercial bank.
This
is to confirm our interest and capabilities to issue from our partner's
own bank account, the following financial instruments
for trade purposes .i.e
* Letter of Credit (LC – MT700)
* Standby Letter of Credit (SBLC – MT760)
* Bank Guarantee (BG – MT760)
* Bank Comfort Letter (BCL – MT799)
The
instruments shall be issued from our partner's own account maintained
with Stanbic IBTC Bank, - a subsidiary of Standard
Bank Group London, United Kingdom, an international bank and with
possibilities of "added confirmation" of their numerous correspondent
Prime Banks.
Minimum bank instrument amount: 1.5M USD / Euro
Maximum bank instrument amount: 25M USD / Euro
the bank instrument must be returned 15 days before the date of maturity. We do not sell the bank instruments.
the bank instrument must be returned 15 days before the date of maturity. We do not sell the bank instruments.
We
provide these instruments on behalf of Traders, Importers, Exporters,
Manufacturers and all other entities requiring such instruments
to conclude their trades, without their financial collateral.
We work with a few trader / lender / monetizers who accept bank instrument from Stanbic IBTC Bank.
New clients only contact us if they provide proof of fund.