Infographic: Letter of Credit vs Bank Guarantee

This infographic is published by Bronze Wing Trading, the trade finance providers in Dubai. Look at this infographic to know the difference between Letter of Credit & Bank Guarantee. Are you looking to get letter of credit or bank guarantee for your upcoming trade deal or contract, contact us today! And to read more on Letter of Credit vs Bank Guarantee, https://www.bwtradefinance.com/letter-of-credit-vs-bank-guarantee/

To get LC MT700 & SBLC MT760 from us, contact us today!
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1. Letter of Credit
gives assurance to
the supplier that
they will receive the
payment, once the
goods are shipped &
the documents are
submitted to the
bank as stated in the
issued LC.
Bank Guarantee
gives assurance to
the supplier that the
bank will liable to
meet the payment
commitment made
by the buyer, in case
of buyer's defaults
in making the
payment.
For More Info,
Visit: www.bwtradefinance.com
Email Us: [email protected]
Call/WhatsApp/BOTIM: [phone]
Mostly used by
traders in imports &
exports.
Letter of Credit
Bank Guarantee
Preferred by both
traders &
contractors.
VERSUS