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Letters of credit, commercial or stand-by...
All kinds of letters of credit, for trade finance and any other financial
purpose can be obtained and established on the basis of minimum collateral
backed by the underlying transaction with very attractive low margins
and fees. These instruments are of multiple use, by emphasizing to facilitate
any kind of commercial or financial operation as a need in today' s complex
international markets. Payment and performance guarantees...
Both of these instruments are in the same framework as explained, except
as the maturity is concerned and their utilization spectrum relates to
international acquisitions, tenders and institutionalized trading situation.
Again the underlying transaction and involved parties are of primary concern,
regarding the collateralization of the deal. |
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