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Contact: Schragner Christian
Company: Funny SA Switzerland
Piazza Boffalora 4
Chiasso 6830
Phone: +44 7537180762
E-Mail: Send Inquiry
Date/Time:  9/12/19 15:41 GMT


A Standby Letter of Credit is a guarantee of payment issued by a bank on
behalf of a client that is used as “payment of last resort” should the
client fail to fulfill a contractual commitment with a third party. We are
standby letter of credit provider with intense knowledge in global
financial system. Standby Letters of Credit are created as a sign of good
faith in business transactions. Are also proof for buyer’s credit quality
and repayment abilities. Our bank will perform potential audit on the
credit level of the party seeking the letter of credit, then send
notification to the bank of the party requesting the letter of credit
(typically a seller or creditor). The Swift code for an standby letter of
credit is MT760. Read More
SOURCE: Import-Export Bulletin Board (
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