SBLC & Bank Guarantee under ISP98, URDG 758, UCP 600
Standby Letters of Credit (SBLC) and Bank Guarantees (BG) are the simple promise that keeps big transactions on track: if the applicant fails to perform or pay, the bank pays—subject to the terms. We handle the full job: correct ruleset, tight wording, bank selection, compliance, SWIFT delivery, and— where the applicant can’t park full cash cover
—we can introduce collateral providers
to support issuance, subject to underwriting.
Straight talk:
Most SBLC/BG problems aren’t “bank appetite.” They’re sloppy terms and the wrong ruleset. We match structure to use case, lock the wording, and take it to banks that actually issue. If collateral is the hurdle, we explore approved security options—no theatrics, no leased-paper nonsense.
Rulesets—pick the right one or expect pushback
| Ruleset |
Use it for |
Typical instrument |
Why counterparties care |
| ISP98
|
Payment/Performance standby needs |
SBLC (SWIFT MT760) |
Clear standby mechanics; widely accepted by banks and lawyers |
| URDG 758
|
Demand guarantees in projects/supply contracts |
Bank Guarantee / Demand Guarantee |
Demand procedures are standardized; fewer disputes on calls |
| UCP 600
|
Documentary credits tied to goods (trade LCs) |
Commercial LC (MT700); can be adapted for standbys if agreed |
Docs-driven; fits goods shipments and documentary flows |
Where this actually helps
- Commodity & industrial supply: SBLC/BG to secure shipment or advance payments.
- Projects & construction: Bid bonds, performance guarantees, advance payment guarantees, retention guarantees.
- Structured credit: Credit enhancement to unlock better funding terms.
Our role (education + execution)
- Scope & ruleset: Map the underlying contract, pick ISP98/URDG 758/UCP 600, and draft the key clauses right.
- Bank & collateral: Introduce issuing banks. If required, line up collateral providers
to support cash cover or eligible security— always subject to underwriting, compliance, and pricing.
- Wording & approvals: Negotiate terms the beneficiary will accept. No vague triggers. No time bombs.
- Delivery: Final checks, then SWIFT MT760/MT700 issuance from a regulated institution.
Need a bank-accepted SBLC/BG, not paper theatre?
Send the draft contract, required amount, target ruleset, and timing. We’ll confirm feasibility fast.
Request a Proposal
Engagement criteria
| Requirement |
Baseline |
| Minimum transaction size |
USD 5,000,000(single or annual contract value) |
| Documents |
Executed (or near-final) contract, draft instrument terms, beneficiary acceptance path |
| Compliance |
Full KYC/AML, sanctions checks, and source-of-funds for collateral |
| Issuance |
From regulated banks only. SWIFT MT760 (SBLC/BG) or MT700 (LC) |
Submission checklist
| Item |
What we need |
| Instrument request |
SBLC (ISP98) / BG (URDG 758) / LC (UCP 600), amount, currency, expiry, claim conditions |
| Underlying deal |
Contract, milestones, delivery terms, counterparties, and jurisdiction |
| Applicant profile |
Corporate KYC, ownership, financials, and bank references |
| Collateral plan (if needed) |
Cash, eligible assets, or third-party collateral provider—subject to underwriting |
Commercial terms
Retainer:
From $30,000 USD
Payable at mandate. Success fee agreed per deal.
Minimum size:
$5M USD
Request a Proposal
Financely Group acts as an arranger. Instruments are issued by regulated banks. Collateral support is available only where approved by underwriting and compliance. We do not engage in leased or unverifiable instruments.