What happens if you have received a Letter of Credit from your buyer but are concerned about the standing of the buyer's bank and country? Standard Chartered can help mitigate these risks by confirming your Letter of Credit. This means that you are guaranteed payment even if there are problems with the buyer's bank or country provided you comply with all the terms and conditions of the Letter of Credit.

The Letter of Credit Confirmation Solution:

• Assured Payment
  We protect you against delayed or non-payment, subject to fulfilment of specified terms and conditions in the Letter of Credit.
• Explore and Expand
  We mitigate the payment risk you face from dealing with counter parties you have never dealt with before, or when they are located in high-risk areas.

Trade Services for Corporates