SCBM can service a Shipping Guarantee (S/G) that allows your company to take possession of goods from the transportation company before the original Bill of Lading (B/L) arrives. An S/G may be serviced for imports under a Letter of Credit (L/C) or Bill for Collection (B/C).
When SCBM receives the trade documents in full, including the original B/L, the Bank will deliver them to your company. You exchange the original B/L for the S/G given to the transportation company and return the S/G to SCBM.
Highlights
Convenient and fast. The Shipping Guarantee lets your goods be released immediately after you submit the S/G application correctly and in full.
Get professional assistance from any of SCBM’s Trade specialist staffs.
Benefits
Increase agility when importing goods for manufacture or for sale
Convenient. Receive trade documents in a few simple steps.