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Contact: Claudio Delco
Company: FUNNY SA
42 Nova Road, Croydon,
London CRO 2TL
United Kingdom
Phone: +41565880323
E-Mail: Send Inquiry
Date/Time:  6/5/18 10:49 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.
SOURCE: Import-Export Bulletin Board (
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