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Standby Letter of Credit
A guarantee to the seller that the buyer will honor the contract and makes his payment to the seller when shipment is made.

Key Features & Benefits

  • Expert financial advice from a dedicated Relationship Manager
  • Efficient system to meet demands of complex trade agreement
  • Direct links with worldwide trading networks 
  • Easy application via Business i-Banking 
  • Hedge against losses from foreign exchange movements 
  • Transact with trading partner in preferred currency 
  • Negotiable interest rates and charges
  • Eligibility Criteria
  • Required Documents
  • Terms & Conditions
  • Contact
  • Eligibility Criteria

    Eligibility Criteria

    Any company with new or existing LC facility.

  • Required Documents

    Required Documents

    LC Application Form.

  • Terms & Conditions

    Terms & Conditions

    *Refer to the reversed side of the LC Application Form.

  • Contact

    CONTACT
    To find out more,

    Call Corporate Banking Centres

    • 226 8300 ext 8108
    • 333 0650 ext 116/8

    or visit your nearest Baiduri Bank branch.
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Contact our customer support team if you have any further questions. We are here to help you.

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