Business Standby Letter of Credit

STANDBY LETTER OF CREDIT

Get peace of mind when you make payment to beneficiaries.

Highlight & Benefits

Highlight & Benefits



Standby Letter of Credit

 

Confidently reassure your trade partners with an authenticated Bank Guarantee or Standby Letter of Credit. These documents are issued by RHB, and act as a secondary payment mechanism to the beneficiary in case you are unable to fulfil contractual terms of the trade agreement.

 

A Standby LC (SBLC) is one, which is issued to cover non-performance. It is an undertaking that a sum of money will be paid to the beneficiary in the event of non-performance.

 



Standby Letter of Credit

 

Confidently reassure your trade partners with an authenticated Bank Guarantee or Standby Letter of Credit. These documents are issued by RHB, and act as a secondary payment mechanism to the beneficiary in case you are unable to fulfil contractual terms of the trade agreement.

 

A Standby LC (SBLC) is one, which is issued to cover non-performance. It is an undertaking that a sum of money will be paid to the beneficiary in the event of non-performance.

 

Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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RHB Bank Building, Level 1
Singapore 069531

CUSTOMER CONTACT CENTRE
1800 323 0100
 

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Personal Premier Business Asset Management

90 Cecil Street
RHB Bank Building, Level 1
Singapore 069531

CUSTOMER CONTACT CENTRE
1800 323 0100
 

DOWNLOAD RHB REFLEX

© 2023 RHB Banking Group. All rights reserved.