Letter of Credit vs Standby Letter of credit Letter of Credit
vs
Standby LC
Called as MT700
Called as MT760
Used for international trade transactions
Used for both local and global trade transactions
Under LC, payment should be made right after the delivery of goods
Using SBLC term, you can pay your supplier on credit basis within the due date
To get LC or SBLC from rated banks at ZERO cash margin, contact us today!