SBLC and BG

Trading Bank Instruments , such as: SBLC ( Standby Letter of Credit) BG ( Bank Guarantee) PROCEDURE FOR SELLING / BUYING BG 1- Sellers bank sends Pre-Advise MT-799 to Buyers bank confirming that they are ready, willing and able to issue BG via MT-760 including the wire instructions. 2- Buyers bank will confirm via MT-799 they are ready to receive and settle against delivery. 3- Sellers bank sends Swift MT-760. 4- After receipt, authentication and verification of the Swift MT-760 Buyers bank will pay in full via MT-103. We deliver with time and precision as set forth in our agreemen