Dib Bank Statement Charges

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Standby Letters of Credit SBLC are normally forms of payment security or payment guarantee between a Buyer and Seller of Goods Therefore the Standby Letter of Credit SBLC we provide clients are NOT MONETIZABLE and are NOT TRANSFERABLE like a Bank Guarantee BG would be.

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MT799 is an essential part of international trade a 'free format message' sent between banks which confirms funds or proof of deposits on a potential trade MT799 allows banks to communicate between each other freely through the SWIFT system rather than being a mechanism for transferring funds or paying.

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