ROYAL BANK PACIFIC - We are best Trade finance company in thailand. We provide Trade Finance Services – Letter of Credit, Standby LC or Bank Guarantee...

Under a standby letter of credit, the issuing bank (or the buyer’s bank) gives the assurance to make the payment even after the buyer has failed to do so...

It is a letter issued by the buyer’s bank to promise to pay to the seller in lieu of the purchase made by the buyer. ...

Now, generally when two parties come into a contract to purchase and sell a product, the seller promises to deliver the goods on the payment of a specified amou...