SBLC (General)
Hi, The key features and advantages of my receiver friendly Usance LC offer are as follows
LC from CIBC one of the Prime banks of USA No upfront Available only on lease Fees 7 plus 3 ( for 180 days) Fees 10 plus 3 ( For 365 days ) Commission break up ( 1+1+1) F2F in India in Bhopal India The client will be meeting the Signing authority of the provider to execute the deal Time. 7 banking days subject to all docs given in time Payment guarantee for the total charges by Deman Draft Manager Cheques Or cash
It will be with a lawyer till the deal gets over and will be taken out and encashed with both party consent Last but not the least client must hv his own valid credit line as provider will just issue the LC Once it hits the client back the charges must be paid immediately Pl revert if any serious client Also very important point the status on liability point of view from CIBC will be unconfirmed Thanks
Swift message will be MT 710
Break up of 3 % 1% provider Mandate team closed 1% prakash and sharma team closed 1% client side open
LC will be routed through Bank of Baroda Dubai
CIBC is fitch rating A bank https://www.fitchratings.com/entity/cibc-bank-usa-81371868
Bill acceptance also there
For more details message
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