Are you an international trader who is looking for a safe and secure type of trade finance instrument to get ensured of on-time payment from an unfamiliar importer? If yes, you should take the benefits of a quality and authentic standby letter of credit service. What are these exactly? A Standby LC is a legal document issued by a bank or financial institution where a bank promises to pay the full amount to the exporter only in case if the buyer is at default provided the seller has fulfilled the mentioned terms & conditions of the agreement. It acts as a safe way to mitigate the risks of non-payment or non-fulfillment for the exporter. Read more:- https://www.axioscreditbank.com/blogs/standby-letter-of-credit-sblc-guide-axios-credit-bank