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Stand By Letter Of Credit

What is a Stand By Letter Of Credit?

SBLC or a Stand By Letter of Credit is a payment guarantee issued by a bank or financial institution that can be used for a wide range of commercial and financial transactions, local or international. This can be very helpful in protecting the seller or exporter and the buyer or the importer in getting paid and receiving ordered goods as in agreed conditions. SBLC is a direct guarantee of the bank to pay the recipient on a client’s behalf if he or she defaults. Some of the most common situations an SBLC is used in are repayment of trade loans, delivery of goods on an open account basis, or securing payment for goods/ services delivered by third parties.

Most Trusted Stand By Letter Of Credit Service in the UAE

With years of experience in the industry, at AAA Fair Deals we are experts in offering reliable SBLC services for businesses of all industries and all sizes. Get in touch with us today with your inquiry.

Note

All the payments should only be made in registered accounts of AAA Fair Deal and  Park View City in UAE, UK and Pakistan. Company is not responsible for any payment made in other accounts of any person.

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Fairdeal Group was established in the year 2001 and have been at the cutting advantage of the business for over a decade. It has been one of the leading marketing companies in the overseas and have forthright beginnings of this market in the UAE. The company has been part of the market development, witnessing enormous revolutions. Fairdeal Builder was established since 2006.
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  • Address: City Tower 2, Floor No: 13 & 15, Office No : 1301,1501, Dubai - UAE
  • Phone: +971 4 275 2600
  • E-Mail: info@aaafairdeal.ae
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