Service

A Standby Letter of Credit helps your company source by providing SCBM’s guarantee of payment to your vendor if the contractual obligations are met

Highlights

Use as collateral

Use as collateral

Benefits

  • SCBM guarantees payment to your vendor
  • Increase your business opportunities

Related Products

Letter of Guarantee

A Letter of Guarantee from SCBM serves as collateral when your company submits a bid or signs a contract with a government agency or other counterpart.

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