GRAND CITY INVESTMENT LIMITED

Who is a Genuine Bank Instrument Provider? A Genuine Bank Instrument Provider is a financial services provider like Grand City Investment Limited that provides genuine banks instruments from some of the worlds biggest banks like UBS Switzerland, Barclays bank London, UNICREDIT, Standard Chartered bank Dubai, Bank of America, Wells Fargo Bank or Citibank. Bank Instrument Provider, financial instrument provider, monetizers of bank instruments genuine bank instrument providers Bank Instrument Provider, financial instrument provider, monetizers of bank instruments genuine bank instrument providers What is a Bank Instrument? A Bank Instrument is an asset based or cash based financial document like a bank guarantee, standby letter of credit, bonds, shares, bill of exchange, futures or options contract, cheque, bank draft, or more. Bank financial instruments carry a monetary value and are legally enforceable. One can also create, modify and trade bank instruments.

A Standby Letter of Credit (SBLC / SLOC) is a guarantee that is made by a bank on behalf of a client, which ensures payment will be made even if their client cannot fulfill the payment. It is a payment of last resort from the bank, and ideally, is never meant to be used. A standby letter of credit can be abbreviated either as SLOC or SBLC. How can a contractual (SBLC / SLOC) be used? Financing for your small business isn’t always easy to come by—but it’s important to look down every avenue of opportunity; you might not be aware of one of the most powerful financing tools out there. Standby letters of credit can help your business in tough contractual and financial situations, making people more likely to sign contracts and do business with you. A standby letter of credit helps facilitate international trade between companies that don’t know each other and have different laws and regulations.