BECTIC FINANCE COMPANY LIMITED

STANDBY LETTER OF CREDIT Vs BANK GUARANTEE. A standby Letter of Credit and bank guarantee are quite similar products and most often, they are used in international transactions. There are many other similarities between these two products such as - similar purpose, or similar credit checks, etc, but they are different. Just like Standby Letter of Credit, a bank guarantee protects the seller but at the same time, it also protects the buyer. While in the case of Standby Letter of Credits, only sellers are protected by the issuing bank. While on the other hand, BG only covers financial performance such as the sale of goods, etc. Both bank guarantee and standby letter of credit act as an assurance to the creditor that he/she will receive the payment. These requests to the bank are treated as loans and are given based on the debtor’s credibility. Bank Guarantee. A bank guarantee is a kind of guarantee from a lending organization. The bank guarantee signifies that the lending instituti

WHAT IS BANK GUARANTEE (Direct and Genuine Providers Of Bank Guarantee) A bank guarantee is a kind of guarantee from a lending organization. The bank guarantee signifies that the lending institution ensures that the liabilities of a debtor are going to be met. In other words, if the debtor fails to perform the obligation, the bank will cover it. https://en.wikipedia.org/wiki/Bank_guarantee A bank guarantee is a promise from a bank or other lending institution that if a particular borrower defaults on a loan, the bank will cover the loss. note that a bank guarantee is not the same as a letter of credit. How Does a Bank Guarantee Work? The bank guarantee means that the lender will ensure that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A bank guarantee enables the customer, or debtor, to acquire goods, buy equipment or draw down a loan. Bank Guarantee Example. A credit security bond serves as collateral for

BECTIC FINANCE COMPANY LIMITED. About us, What drives us, and reasons why you should Work With Us: Bectic Finance Company Limited is a Licensed Money Lender and loan Company that was incorporated in Hong Kong on 1988-11-11 with Company Registration No. 0232762 under the Money Lenders Ordinance (Chapter 163 of the laws of Hong Kong). We are the premier provider of Trade Finance, Recourse Loan, Non Recourse Loans, Insurance, Investments, Wealth Management, Portfolio Management, Trade Platforms, Private Placement Programs as well as the issuance and monetization of Bank Instruments such as Standby Letter of Credit (SBLC), Bank Guarantees (BG), Tender Bond Guarantee, Advance Payment Guarantee, Usance LC, Letters of Credit, Differed Letters of Credit and International Project Financing for companies, SME’s and private individuals. All Bank Instruments are issued through top AAA rated banks such as Citibank New York, HSBC Hong Kong or HSBC London, Barclays bank London,UBS Switzerl

Banking Instrument BG/SBLC/Loan Issuance. Bectic Finance Company Limited is a renowned genuine providers of SBLC/BG/LC/MTN/CD/DLC/PB based in Hong Kong, we are reliable and genuine and we can deliver leased financial to Organization or individuals, Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Real Estate and all kind of projects. We are specialist in providing direct and genuine provider of BG, SBLC, MTN, CD, LC , DLC, Non collateral loan, confirmable Bank Draft and other financial assistance from AAA rated bank (Prime Bank) our Leasing price of (5.0% + 0.5% + X) of face value of the instrument. The financial instrument can be invested in High Yield Trading Program or Private Placement Programme (PPP). thus our Bank Guarantee lease , the Direct Bank Guarantee and Indirect Bank Guarantee, which is used as Bid Bond, Payment Guarantees, Letter of Indemnity,Guarantee Securing Credit Line, Advance Payment G

WHAT IS A CERTIFICATE OF DEPOSIT (CD). A certificate of deposit (CD) is a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time. A certificate of deposit is a time deposit, a financial product commonly sold by banks, thrift institutions, and credit unions. CDs differ from savings accounts in that the CD has a specific, fixed term and usually, a fixed interest rate. https://en.wikipedia.org/wiki/Certificate_of_deposit A CD, or certificate of deposit, is a type of savings account with a fixed interest rate that's usually higher than a regular savings account, a fixed term length and a fixed date of withdrawal, known as the maturity date. ... CDs typically don't have monthly fees, but most have an early withdrawal penalty. A certificate of deposit (CD) is a product offered by banks and credit unions that provides an interest rate premium in

Fresh cut bank instrument (bg/sblc/lc/dlc/mtn) for lease and sales. BECTIC FINANCE COMPANY LIMITED. My name is Bruce Fung, I write to introduce our financial services to you. I am a direct mandate to a Financial Institution who is also known as private lender specialized in the Lease and Sales of Bank / Financial Instruments in the form of Bank Guarantees (BG), Standby Letter of Credit (SBLC), Documentary Letter of Credit (DLC), Letter of Credit (LC), Performance Bonds (PB), Medium Term Notes (MTN) et al with funds is purely earned from private and corporate investment portfolios without criminal origin. Our financial instrument can be invested into High Yield Investment Trading Program {HYITP) or Private Placement Program (PPP). All bank instruments are for Lease and/or sale from a genuine and reliable source without broker chain / joker broker story or chauffer driven offer while having your required time frame in mind. We are exclusive and direct providers of Fresh Cut BG, SB

What is Documentary Letter of Credit (DLC). A documentary letter of credit is bank's promise to pay a seller on behalf of the buyer as long as the seller complies with precisely defined terms and conditions specified in the credit. Parties of the transaction are applicant, beneficiary and assurance of payment. Documentary letters of credit are mostly used in international transactions, where the buyer and seller have yet to establish a strong relationship and/or operate in different countries. When concluding a deal with a buyer from a different country, the seller is exposed to risks due to the physical distance between the two parties, foreign or unknown legal systems, and lack of knowledge about the buyer. A seller may be hesitant to enter such a risk-sensitive deal without a letter of credit as financial security. A documentary letter of credit is one of the oldest and most standard forms of payment for transactions in international trade. Foreign exporters that deal with un