Standby Letter of Credit Services

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We provide Standby Letters of Credit (SLOC) to act as a financial safety net for your business transactions. As your guarantor, we ensure your clients and partners receive the assurance they need, guaranteeing smooth and secure business operations.

Standby Letter of Credit  | Corporate Clients

Objective — secure a bank-issued Standby Letter of Credit (SLOC) that satisfies the counter-party while keeping your working capital intact. Where collateral capacity is tight, Financely arranges:

  • Asset-based loans against receivables, inventory, or hard assets
  • Equity injections from professional investors
  • Sponsor issuance, subject to due diligence and KYC

All SLOCs are issued by recognised banks and can be confirmed if required. Final selection of the issuing institution depends on jurisdiction, sector, and credit appetite; it is determined during negotiations, not at enquiry stage.

First step: complete the screening form below. The form is an information intake only; no fees are payable until both parties execute a mandate letter.

Bank-Preferred Ticket Size

USD 5 million – 100 million per SLOC provides optimum pricing and credit bandwidth.

Regulatory Framework

SLOCs are typically issued subject to ISP 98 (ICC Pub. 590) or, where required, UCP 600 (ICC Pub. 600). Choice of rules is agreed case-by-case.

End-to-End Governance

FINRA-licensed chaperone available for any securities transfers; full AML/KYC alignment with Wolfsberg-ICC-BAFT trade-finance principles.

Indicative Economics

Retainer USD 50 000 – 200 000
Payable post-mandate; funds third-party legal opinions, collateral valuations, and credit processing.
Delivery SWIFT MT760 or Bank Guarantee
Process Overview  (Typical 4 – 12 weeks)
1. Screening form
2. Indicative response (24 h)
3. Mandate, KYC, retainer (Week 1 – 2)
4. Collateral arrangement or sponsor onboarding (Week 2 – 6)
5. Issuing-bank credit committee, draft wording (Week 6 – 10)
6. Final issuance, SWIFT MT760 live (Week 10 – 12)
Submit Transaction Details
Preliminary feedback within one business day

Information Required

• Beneficiary legal name, address, contact
• Contract value, currency, governing law
• Requested SLOC amount & expiry (max. 12 months)
• Collateral available and preferred structure
• Underlying transaction summary and delivery milestones
• Target draw-down date

Attach draft contracts, purchase orders, or term sheets. Detailed data accelerates credit approval.

Frequently Asked Questions

What rule set governs the SLOC?

SLOCs are usually issued under ISP 98 (ICC Publication 590). In some jurisdictions, parties elect UCP 600. Rule selection is indicated in the credit text and binds all parties.

Which transactions are bankable?

Likely to qualify: turnkey EPC contracts, project-linked performance obligations, commodity trade with confirmed off-take, secured import finance, and performance bonds where call risk is demonstrably low.

Unlikely to qualify: speculative commodity positions, cryptocurrency-related trades, business involving sanctioned parties, and projects with unresolved environmental or licensing issues.

Why is minimal call risk important?

Issuing banks treat a standby LC as a secondary obligation. High expected call frequency increases capital allocation and can render a deal uneconomical.

Can we choose the issuing bank?

Preference can be indicated, but final selection depends on ticket size, jurisdiction, counter-party, and available credit lines. All issuers are regulated and clear through established correspondent networks.

Are retainer funds refundable if issuance fails?

No. The retainer covers third-party legal, valuations, and due-diligence expenses already incurred. Engagement proceeds only after both parties accept this cost allocation.

What happens if the contract value changes?

Amendments to an issued SLOC require consent from the issuing bank, any confirming bank, and the beneficiary, in line with UCP 600 Article 10. Additional underwriting and fees may apply.

How is compliance monitored?

Financely follows the Wolfsberg-ICC-BAFT Trade-Finance Principles and runs sanctions, AML, and adverse-media screening on all parties.

Disclaimer. Financely acts solely as arranger and is not a lender or issuing bank. All mandates are subject to KYC, AML, and credit approval by the proposed issuing institution. Timeframes and fees are indicative; they may adjust if transaction parameters change. This material does not constitute an offer to provide banking or securities services in any jurisdiction where such offer would be unlawful.

Why Choose Financely for Your Standby Letter of Credit Needs?

Choose Financely for your Standby Letter of Credit needs because we issue SLOCs through trusted banks like Chase, Bank of China, and China Construction Bank, ensuring reliability and credibility.


Our global reach allows us to support businesses in various markets, providing customized solutions tailored to your specific requirements.


We offer secure transactions, flexible terms, and enhanced credibility for your business.


Our expert team guides you through every step of the process, from application to issuance, and provides continuous support to ensure smooth operations and peace of mind.



Avoiding the use of Non-Banking Financial Companies (NBFCs), we prioritize trust and reliability in all our services.

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Issuing Banks

We hold deposits with several banks to ensure liquidity and prompt execution of these financial instruments. Some of the banks we hold deposits with include China Construction Bank, BNP Paribas, HANG SENG BANK & UBP. This allows us to efficiently manage our clients' needs and maintain a strong financial position to support their transactions

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Our team is ready to offer customized solutions to meet your financial needs. Request a quote today and see how we can help you secure your transactions with confidence. Contact us now to get started!

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