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Bank Guarantee

A Stanby Letter of Credit/SBLC, as well as a Bank Guarantee/BG is a payment guarantee generally issued by a bank (the issuing bank) on behalf of a client (the applicant) securing payment to a third party (the beneficiary) in case the client fails to fulfill a contractual commitment. Both BGs and SBLCs demonstrate the client's repayment abilities, and prove solvency and/or credit worthiness.

 

Bank Guarantees are typically utilized in international trade transactions as collateral and as credit enhancement instruments, while SBLCs are typically utilized Domestically (in the US) for the same purpose. The use of a BGs and SBLCs are advantageous for companies that do not want to risk their own equity/capital. New York Dubai Investment Trust LLC provides all types of Guarantees accepted in international practice such as:

 

1. Payment Guarantee

2. Advance Payment Guarantee

3. Performance Bond

4. Tender Guarantee

5. Credit Guarantee

 

 

NYDIT has long-term experience with the provision of premium bank instruments. We specialize in assisting businesses around the globe whose existing bank facilities are unable, or unwilling to meet their requirements.

 

All Financial Instruments facilitated by NYDIT are designed to protect your clients commercial interests by eliminating the need to prepay for products or services, or securitize collateral with a bank. NYDIT is always here to help clients reduce risk and support cash flow.

 

The Bank Guarantees are offered as Credit enhancement in terms of Line of Credit for collateral and commercial operative transactions.

 

These services are offered with other affiliate companies overseas in Dubai, Singapore, Hong Kong, and Europe.

 

We arrange third party providers/suppliers bank instruments for credit enhancement such as BG, SBLC, MTN Bonds, Bank Draft and others.

 

Description of Instrument:

 

1. Instrument: Bank Guarantee (BG) / SBLC

2. Total Face Value:

minimum 5 Million Euro/USD 

maximum 100 Billion Euro/USD

3. Issuing Bank: HSBC London or AA rated Bank in Wested Europe or Asia

4. Term: One year and five days

5. Credit Enhancement Price: X% of Face Value, plus one (1) percent Lessor (closed) and X% Lessee agent (open)

6. Payment: Wire Transfer

8. Swift Copy: Bonded Courier surrounded by 3 banking days after the swift has been executed

 

We are Ready, Willing, and Able (RWA) to close transaction with any interested client in a few banking days. 

 

Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable credit enhancement for collateral bank instrument. We work directly with ussuing banks. This instrument used for collateral on behalf for 80-90% funding. 

 

Intermediaries / Consultants / Brokers are welcome to bring their clients. They will be 100% protected in complete confidence. We will work together for the benefit of all parties involved.

 

All Financial products require full client disclosure and are opened in strict compliance with the provisions of the International Money Laundering Regulations and the US Patriot Act.

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