Introduction Standby Letters of Credit (SBLC) and Bank Guarantees (BG) are two commonly used financial instruments in international trade...

Introduction Standby Letters of Credit (SBLC) are a widely used financial instrument in international trade transactions. SBLCs provide...

Introduction Standby Letters of Credit (SBLC) are a form of financial guarantee used in international trade transactions to provide...

Abstract Standby Letter of Credit (SBLC) is a widely used financial instrument that serves as a guarantee for the payment of a debt. The...