#Sblcmonetizationprocess is a written commitment of a bank that issues it to pay a certain amount of money on behalf of the bank’s client.

1. Sblc monetization
process: How to use it?

3.  Sblc monetization process is a written commitment of a bank that issues it to
pay a certain amount of money on behalf of the bank’s client in favor of a
beneficiary in case the client/buyer is not able to fulfill its financial obligation
to the beneficiary/seller.
 Using a Standby LC in business transactions is an indication of good faith
and proof of financial credibility and repayment capabilities of a buyer.
Standby LC is widely used in commodities trading, when it is necessary to
buy the goods from a local supplier or foreign exporter.
 SBLC can be also used as a security to obtain credit lines and is ideal for
company, which plans to expand its business but does not want to utilize its
assets.

4.  A POF is a document prepared by a financial institution that affirms that an
individual or business entity has the funds on hand to enter into a given
financial transaction. A document of this type is sometimes prepared at the
request of a seller who is considering an offer from a buyer. The seller
requests the proof through the buyer, who in turn authorizes his or her bank
or other institution to provide data that confirms the ability to honor the
terms of the transaction.
 We have also developed relationships with some of the Top banks in the
world to Monetize Bank Instruments for clients worldwide by arranging the
monetization against owned bank instruments such as BG’s (Bank
Guarantees), LOC’s (Letter of Credit), SBLC’s (Standby Letter of Credit), and
other banking and financial instruments.

5.  This form of financing can be used in combination with our cash backed
stand by letter of credit (SBLC) or Bank Guarantee (BG) Program in order to
monetize the newly created document to obtain the right funds for project
financing.
 Monetizing bank instruments is the process of liquidating such instruments
by converting them into legal tender. We can monetize or lend on just about
any bank instrument to be used for project funding, move them into various
trading platforms quickly and easily, as well as creatively incorporating them
into financing certain development projects.
 We can monetize CD’s, SBLC’s, DPLC’s, BG’s and MTN’s. This can be
accomplished in 5-15 business days.

7.  Sblc monetization process or stand by letter of credit is becoming rather
common. Many people refer to this as sblc funding or sblc financing since
you are essentially obtaining cash on the basis of the sblc or bank
guarantee.
 A client, typically a business owner, requesting a standby letter of credit
must prove to the bank that he/she is capable of repaying the
loan. Collateral may be required to protect the bank in the event of default.
 The bank typically provides a decision in writing within one week of
receiving final documentation to complete the processing of the client's
application. The client must pay a SLOC fee for each year that the letter is
valid.