SBLC/DLC

A

Standby Letter of Credit

 

This exclusive offer for a Standby Letter of Credit (SBLC) is offered by USTS (United Security & Trust Switzerland) one of the world's leading Trust and Security institutions. 

 

An SBLC is an invaluable tool for guaranteeing the fulfillment of financial obligations and mitigating risks associated with international trade and transactions.

 

Term Sheet:

  • Issuing Financial Institution: USTS (United Security & Trust Switzerland.
  • Available currencies: USD, Euro
  • Minimum face value: $ 25,000,000 USD.
  • Maximum face value: $ 500,000,000.
  • Purchase rate: 2.5%
  • Financing: $ ½ down, Balance in 30 days.

The Standby Letter of Credit will be fully cash-backed, making it redeemable by the beneficiary for 100% of its face value.

 

Our simple and transparent closing procedure consists of the following steps:

  1. Client signs the contract and completes the Due Diligence forms (3).
  2. USTS issues draft copy of SBLC. Upon client approval and ½ payment deposit, USTS issues final copy to the beneficiary.
  3. Within 30 days the client pays balance of SBLC.

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