Are you a global trader involved in international business but often miss-out on overseas opportunities due to the threat of associated overseas risks, for example, the unfamiliarity of parties, non-payment or delayed payment, etc.? With a standby letter of credit service, the exporters can eliminate their risks of non-payment or non-performance on the hands of the importer and can be assured an on-time payment for their delivered goods & services. Also, the importers can get their ordered goods & services on-time. Emerio Banque - a leading, trusted, popular, and recognized financial institution facilitating international trade transactions with its range of trade finance services including a standby LC service. But what is a standby letter of credit?
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