Example: confidence
What is a SBLC?

What is a SBLC?

Back to document page

A beneficiary must determine its credit rating of the issuer. Where an issuer’s credit ratings, size or country risks are unacceptable to the beneficiary, a beneficiary may require an acceptable confirming bank. Once the beneficiary receives a SBLC, it should ensure that SBLC wording complies with the requirements of the underlying contract e.g.

  Direct

Download What is a SBLC?


Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Advertisement

Related search queries