Bank SBLC for Loan Security

$50000-100000 USD

Closed

Posted 16 days ago

$50000-100000 USD

Paid on delivery

I need a standby letter of credit issued by a recognised bank that I can present as collateral for an upcoming loan facility. Because the instrument’s sole purpose is loan security, it must be structured in standard SBLC format and delivered through SWIFT MT-760 (or an equally accepted banking channel). I am not working against a tight clock, so timing is flexible; what matters most is that every compliance box is ticked and that I receive verifiable issuance evidence from the bank itself before any funds are released on my side. Deliverable: • Original SBLC (bank-issued, transferable or non-transferable as required for loan security) with accompanying SWIFT confirmation. If you already have established relationships with issuing banks and can guide me through the customary due-diligence and KYC steps, that will put us on the fast track.

Project ID: 40352102

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Active 16 days ago

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1 freelancer is bidding on average $100,000 USD for this job

@Feriver

Hello, I understand you require a bank-issued SBLC structured for loan security and delivered via SWIFT MT760 with full compliance and verifiable issuance. While I do not act as an issuing bank, I can guide and support the entire process—structuring requirements, coordinating with issuing institutions, and ensuring all documentation aligns with international banking standards (UCP/ISP98 as applicable). I will assist in preparing the SBLC wording, reviewing bank terms, coordinating KYC/due diligence, and validating SWIFT confirmation to ensure authenticity before any financial commitment. My focus is risk mitigation, compliance, and ensuring the instrument is accepted by your lending institution without delays. Clarification Questions: Is your receiving bank requiring ISP98 or UCP600 format for the SBLC? Should the SBLC be transferable, and what is the required face value and tenure? Thanks, Asif

$100,000 USD in 15 days