{"id":1392,"date":"2023-08-25T19:07:14","date_gmt":"2023-08-25T19:07:14","guid":{"rendered":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/?page_id=1392"},"modified":"2023-08-25T19:42:39","modified_gmt":"2023-08-25T19:42:39","slug":"standby-letter-of-credit","status":"publish","type":"page","link":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/standby-letter-of-credit\/","title":{"rendered":"Standby Letter of Credit"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1392\" class=\"elementor elementor-1392\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1f354f7 e-con-full e-flex e-con e-parent\" data-id=\"1f354f7\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;,&quot;background_background&quot;:&quot;classic&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ece328d elementor-widget elementor-widget-heading\" data-id=\"ece328d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Standby Letter of Credit<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-83c78c3 e-con-full e-flex e-con e-parent\" data-id=\"83c78c3\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-09e331f elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"09e331f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-size: 60px;\">Standby Letter of Credit<\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f85d06e e-con-full e-flex e-con e-parent\" data-id=\"f85d06e\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b09b18a e-flex e-con-boxed e-con e-parent\" data-id=\"b09b18a\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e49d066 elementor-widget elementor-widget-text-editor\" data-id=\"e49d066\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>A standby letter of credit (SBLC) is a guarantee of payment issued by a bank on behalf of a client that is used as &#8220;payment of last resort&#8221; should the client fail to fulfill a contractual commitment with a third party.<\/p><p>Standby letters of credit are created as a sign of good faith in business transactions and are proof of a buyers\u2019 credit quality and repayment abilities.<\/p><p>The institution issuing the SBLC performs compliance and brief underwriting duties to ensure the credit quality of the party seeking the letter of credit, then sends notification to the bank of the party requesting the letter of credit (typically a seller or creditor).<\/p><p>Importantly, when requesting a SBLC, a business owner proves to the bank he is capable of repaying the loan. Collateral such as promissory notes, post-dated cheques and Escrow deposits will be required to protect the bank in case of default. The business owner must pay a SBLC fee for each year that the letter is valid. The negotiable fee is typically 5-10% of the SBLC value.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6d121f4 e-con-full e-flex e-con e-parent\" data-id=\"6d121f4\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-62b1fa4 elementor-widget elementor-widget-heading\" data-id=\"62b1fa4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">We deal with two types of Letters of Credit<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-113a943 e-con-full e-flex e-con e-parent\" data-id=\"113a943\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t<div class=\"elementor-element elementor-element-548ffe4 e-con-full e-flex e-con e-parent\" data-id=\"548ffe4\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t<div class=\"elementor-element elementor-element-ef45c75 e-flex e-con-boxed e-con e-parent\" data-id=\"ef45c75\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-02020b7 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"02020b7\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"62\" height=\"62\" viewBox=\"0 0 62 62\" fill=\"none\"><path d=\"M7.75 54.25H12.9167V38.75H7.75V54.25ZM32.1883 56.8334L24.6192 55.18L17.05 53.3975C16.6119 53.3122 16.2183 53.0742 15.9392 52.7259C15.6505 52.3878 15.4944 51.9563 15.5 51.5117V41.1784C15.5073 40.7361 15.6618 40.3088 15.9392 39.9642C16.2277 39.6268 16.6172 39.3913 17.05 39.2925L29.3983 37.7684L41.7725 36.2184L42.16 37.665L42.5475 39.0859C42.5544 39.5622 42.4195 40.0297 42.16 40.4292C41.9226 40.8469 41.5616 41.1809 41.1267 41.385L35.96 42.6767L30.7933 43.9684L34.9783 45.6734L39.1892 47.3525L45.0533 45.6992L50.7625 43.9167C51.2698 43.7884 51.8072 43.8625 52.2608 44.1234C52.4893 44.2468 52.6898 44.416 52.8499 44.6205C53.0099 44.825 53.126 45.0603 53.1908 45.3117L53.6817 47.3009L54.1983 49.2642C54.3155 49.7552 54.2416 50.2723 53.9917 50.7109C53.726 51.1533 53.3006 51.477 52.8033 51.615L43.4258 54.1984L34.0483 56.7817C33.7396 56.8212 33.4271 56.8212 33.1183 56.7817C32.8133 56.85 32.4991 56.8674 32.1883 56.8334ZM23.25 10.3334L18.0833 15.5L12.9167 20.6667L18.0833 25.8334L23.25 31L25.0583 29.1917L26.8667 27.3834L23.5083 24.025L20.15 20.6667L23.5083 17.3084L26.8667 13.95L25.0583 12.1417L23.25 10.3334ZM38.75 10.3334L36.9417 12.1417L35.1333 13.95L38.4917 17.3084L41.85 20.6667L38.4917 24.025L35.1333 27.3834L36.9417 29.1917L38.75 31L43.9167 25.8334L49.0833 20.6667L43.9167 15.5L38.75 10.3334Z\" fill=\"#F9AF2F\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-928bfaf e-flex e-con-boxed e-con e-parent\" data-id=\"928bfaf\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a196526 elementor-widget elementor-widget-heading\" data-id=\"a196526\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">At Sight<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11861e4 elementor-widget elementor-widget-heading\" data-id=\"11861e4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The payment becomes due shortly, typically within five to ten days, as soon as the seller successfully satisfies the conditions outlined in the letter of credit.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-55a3d9c e-con-full e-flex e-con e-parent\" data-id=\"55a3d9c\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t<div class=\"elementor-element elementor-element-6a3cde5 e-flex e-con-boxed e-con e-parent\" data-id=\"6a3cde5\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ab56252 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"ab56252\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"58\" height=\"58\" viewBox=\"0 0 58 58\" fill=\"none\"><path d=\"M55.3416 51.2334L45.4333 41.325C46.3999 38.9084 45.9166 35.7667 43.7416 33.8334C41.5666 31.6584 38.4249 31.175 35.7666 32.3834L40.3583 36.975L36.9749 40.3584L32.1416 35.525C30.9333 38.1834 31.4166 41.325 33.5916 43.7417C35.7666 45.9167 38.6666 46.4 41.0833 45.4333L50.9916 55.3417C51.4749 55.825 52.1999 55.825 52.4416 55.3417L54.8583 52.925C55.5833 52.2 55.5833 51.475 55.3416 51.2334ZM31.4166 48.3334H4.83325V43.5C4.83325 38.1834 13.5333 33.8334 24.1666 33.8334C25.3749 33.8334 26.5833 33.8334 27.5499 34.075C26.8249 35.525 26.5833 36.975 26.5833 38.6667C26.5833 42.5334 28.5166 46.1584 31.4166 48.3334ZM24.1666 9.66669C18.8499 9.66669 14.4999 14.0167 14.4999 19.3334C14.4999 24.65 18.8499 29 24.1666 29C29.4833 29 33.8333 24.65 33.8333 19.3334C33.8333 14.0167 29.4833 9.66669 24.1666 9.66669Z\" fill=\"#F9AF2F\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7effa37 e-flex e-con-boxed e-con e-parent\" data-id=\"7effa37\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-edfd7a7 elementor-widget elementor-widget-heading\" data-id=\"edfd7a7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Usance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e47c7ce elementor-widget elementor-widget-heading\" data-id=\"e47c7ce\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Referred to as a Deferred Payment LC, Time LC, or Term LC, this type of letter of credit mandates payment on a specified future date, contingent upon the submission of compliant documents.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6c298bb e-con-full e-flex e-con e-parent\" data-id=\"6c298bb\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-87313d7 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"87313d7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">General Ask<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3749bbb e-con-full e-flex e-con e-parent\" data-id=\"3749bbb\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9cd54ad e-flex e-con-boxed e-con e-parent\" data-id=\"9cd54ad\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-db21450 elementor-widget elementor-widget-toggle\" data-id=\"db21450\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-toggle{text-align:left}.elementor-toggle .elementor-tab-title{font-weight:700;line-height:1;margin:0;padding:15px;border-bottom:1px solid #d5d8dc;cursor:pointer;outline:none}.elementor-toggle .elementor-tab-title .elementor-toggle-icon{display:inline-block;width:1em}.elementor-toggle .elementor-tab-title .elementor-toggle-icon svg{margin-inline-start:-5px;width:1em;height:1em}.elementor-toggle .elementor-tab-title .elementor-toggle-icon.elementor-toggle-icon-right{float:right;text-align:right}.elementor-toggle .elementor-tab-title .elementor-toggle-icon.elementor-toggle-icon-left{float:left;text-align:left}.elementor-toggle .elementor-tab-title .elementor-toggle-icon .elementor-toggle-icon-closed{display:block}.elementor-toggle .elementor-tab-title .elementor-toggle-icon .elementor-toggle-icon-opened{display:none}.elementor-toggle .elementor-tab-title.elementor-active{border-bottom:none}.elementor-toggle .elementor-tab-title.elementor-active .elementor-toggle-icon-closed{display:none}.elementor-toggle .elementor-tab-title.elementor-active .elementor-toggle-icon-opened{display:block}.elementor-toggle .elementor-tab-content{padding:15px;border-bottom:1px solid #d5d8dc;display:none}@media (max-width:767px){.elementor-toggle .elementor-tab-title{padding:12px}.elementor-toggle .elementor-tab-content{padding:12px 10px}}.e-con-inner>.elementor-widget-toggle,.e-con>.elementor-widget-toggle{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2291\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2291\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Complete your application in 6 easy steps<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2291\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2291\"><ul><li>Applicant sends us underlying contract (Ex: Sales Contract \/ pro-forma invoice).<\/li><li>EEB will create a draft instrument and send a quote with our charges (to be paid in advance).<\/li><li>Once the draft has been accepted, we send the indemnity (KYC\/AML\/due diligence) documents which need to be signed and notarised by a lawyer.<\/li><li>We also send you a formal invoice for our indemnity process and issuance charges.<\/li><li>Once we receive our charges and all DD checks are completed and approved, along with all indemnity documents, we will SWIFT the instrument to the beneficiary&#8217;s bank immediately.<\/li><li>Beneficiary is paid at least 14 days before the expiry date (Up to 2 years from SBLC issue date).<\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9d08b13 e-flex e-con-boxed e-con e-parent\" data-id=\"9d08b13\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6576fd8 elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-heading\" data-id=\"6576fd8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">EEB Disclaimer<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a2f704b e-con-full e-flex e-con e-parent\" data-id=\"a2f704b\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0825ab9 e-flex e-con-boxed e-con e-parent\" data-id=\"0825ab9\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-40333a5 e-flex e-con-boxed e-con e-parent\" data-id=\"40333a5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-17ef0eb elementor-widget elementor-widget-heading\" data-id=\"17ef0eb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Euro Exim Bank Limited is a Group of Companies with Registered Office in Saint Lucia and a Representative Office in the United Kingdom. EURO EXIM BANK LTD (REGISTERED OFFICE) is a Class A International Banking Financial institution incorporated under the revised laws of St. Lucia. The license provides authorisation to conduct business with third parties across industries and geographies worldwide. This office is regulated by the Financial Services Regulatory Authority in St. Lucia, and does not provide any services to any natural person or legal entity in St. Lucia.\n<br><br>\nEURO EXIM BANK LIMITED (REPRESENTATIVE OFFICE) is incorporated under the laws of England and Wales with company registration number 07520196. This entity is a non-banking financial institution that facilitates international business transactions through issuance and relay of various trade finance instruments. The London-based Representative Office offers Letters of Credit and Standby Letters of Credit to corporate clients only. This office does not provide regulated or controlled services or activities.<br><br>\n\nImportant Notice: Euro Exim Bank Ltd would like to advise its customers to report any suspicions which they may have regarding the identity of any intermediary who promotes products or services of the Bank or any intermediary bearing similar names. You should verify with Euro Exim Bank by calling the Bank's Customer Service Number on +44203 011 0133 or emailing info@euroeximbank.com. Please also be aware of bogus SMS messages and voice message calls or fraudsters who misrepresent services and impersonate the staff of Euro Exim Bank.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Standby Letter of Credit Standby Letter of Credit A standby letter of credit (SBLC) is a guarantee of payment issued by a bank on behalf of a client that is used as &#8220;payment of last resort&#8221; should the client fail to fulfill a contractual commitment with a third party. Standby letters of credit are created [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1392","page","type-page","status-publish","hentry"],"blocksy_meta":{"vertical_spacing_source":"custom","content_area_spacing":"none"},"_links":{"self":[{"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/pages\/1392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/comments?post=1392"}],"version-history":[{"count":5,"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/pages\/1392\/revisions"}],"predecessor-version":[{"id":1421,"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/pages\/1392\/revisions\/1421"}],"wp:attachment":[{"href":"https:\/\/crazy-jepsen.77-68-124-212.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=1392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}