Letters Of Credit (L/Cs)

The bank facilitates international trade by issuing Letters of Credit. Standard Chartered Bank Global network and correspondent relationships with major banks and financial institutions worldwide allows customer's trade effectively using various types of L/Cs we currently issue. These include:

• Transferable documentary credit
• Irrevocable documentary credit
• Standby documentary credit
• Red clause documentary credit

Documentary Collections

Standard Chartered will handle all financial and commercial documentation to facilitate international trade requirements for our customers. Customer benefits from taking advantage or our expertise and global network as well as our large network of correspondent bank relationships. These include:

• Inward documentary collection
• Outward documentary collection

Guarantees /Bonds

These are open to all customers within our base. Customers are able to take advantage of a number of different types of bonds available allowing them additional flexibility in the manner in which they conduct their international business. Options available include:

• Shipping Guarantees
• Bid Bonds
• Performance Guarantees
• Advance Payment Guarantees
• Payment Guarantees
• Custom Bonds