Standby Letter of Credit (SBLC) & Bank Guarantee (BG) which is better

This topic is about Standby Letter of Credit (SBLC) & Bank Guarantee (BG) which is better between?Please check our older post about THE USES OF STANDBY LETTER OF CREDIT (SBLC): https://yiufungfinance.blog/2018/09/04/the-uses-of-standby-letter-of-credit-sblc/Today we will be talking about Letter of Credit and Bank Guarantee. Standby letters of credit and bank guarantees are both methods of providing assurance to aContinue reading “Standby Letter of Credit (SBLC) & Bank Guarantee (BG) which is better”