Standby Letter of Credit (SBLC)

Standby Letter of Credit (SBLC)

A Standby Letter of Credit (SBLC) is used for various projects and can be used in global finance, credit enhancement, project finance, trade finance, and many more. It is an amazing opportunity, but you must get access to an investor’s cash funds, which is where we come into place.

While acting as an owner, you have the same rights and can use your fund as collateral, place a lien, or even monetize it. This is all available through your term of the leased SBLC or upon renewal of the contract.

Our Leased Standby Letter of Credit is an issuance of the World Top 100 Banks and delivered through Bloomberg, Euroclear, DTC screen block and pay, and SWIFT. Banks send this SBLC back and forth through SWIFT MT799 and then SWIFT MT760.

We Protect Our Client Deposits Fully Through 3 Levels of Protection

You never have to worry about your security with our three levels of protection:

1. A Two Percent (2%) Non-Performance Penalty
   • Two Percent (2%) damage fee will apply to a Party that fails to perform. The 2% shall apply in both cases, either when the Provider has sent a Corporate Invoice which the Beneficiary’s Bank will not respond or pay, and/or when the Beneficiary’s Bank is ready, willing, and able to receive the BANK INSTRUMENTS and no BANK INSTRUMENTS is delivered from the Providers Bank by SWIFT MT-760, DTC, Euroclear or Bloomberg.
2. A Program to Refund Deposits (all our agreements are Bank Endorsed (confirmable) with full bank responsibility as an insurance wrap)
   • With our agreement with banks, that bank becomes responsible for payment when the transaction becomes complete.
   • When a bank endorsed an agreement, the bank becomes responsible before the client pays our company any fees. We are the only Bank Instrument Facilitators in the WORLD that guarantee 100% of your initial deposit through bank endorsement before the client releases any payment.
3. Attorneys Client Trust Account
   • Once your agreement is approved by the compliance department, and bank endorsed, the payment is to be made ONLY AND EXCLUSIVELY to an attorney’s office client trust account. These banking coordinates will be provided directly from a Hanson Group compliance officer (CCO), and they will be included inside your Invoice.

This Refund Deposit  Program protects our clients and makes sure that the deposits are completely safe.

16 Advantages of Purchasing a Leased Standby Letter of Credit (SBLC) from us!

1. Our program operates with Top 100 World Banks to secure your Standby Letter of Credit.
2. We offer monetization for our own bank instrument in case clients need this service.
3. SBLC is available in EUR and USD. 
4. We offer Low Leasing Rates of 8+2 (10% Total)  for Rated Bank or 5+2 (7% Total) for Non-Rated Bank.
5. After receiving the MT760, you have 5 days to complete your payment. 
6. Pre-advice for the MT799 is included along with the SBLC.
7. 100 percent protected Deposit. 
8. No Corporate or Personal Credit Checks
9. No Documentation for your Project Required
10. Agreement Signed and returned within 72 hours of completion.
    
11. MT760 offers SWIFT delivery to your Bank.
12. We offer Bloomberg, Euroclear, or DTC delivery to your Bank.
13. Brokers receive up to 1.5% Commission.
14. SBLC is specific to each client’s needs. 
15. Non-performance penalty of 2 percent included in all contracts. 
16. Deposit is 100 % protected, and the Provider Bank endorses client payout

Deposit Requirements for Leased BG’s via SWIFT: 

Prices in EUROS/DOLLARS

Please Note: Leasing process via Swift: 7 banking days.

Deposit Requirements for Leased BG’s via EUROCLEAR & BLOOMBERG: