Call + 1- 514-446-6389

Take advantage of our bank guarantee for all industries

we offer Bank Guarantee for all industries projects.

We Overcome Your Business Obstacles To Ensure Your Financial Growth Financial Intermediary Services With An Unconventional Approach Allow You To Reach Your Financial Targets Faster.

HERE IS THE COMPREHENSIVE DEFINITION OF BANK GUARANTEE

Under normal circumstances, A bank guarantee is a type of financial backstop offered by a lending institution.
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 is when a bank offers surety and guarantees for different business obligation on behalf of their customers within certain regulations.
The lending institutions provide a bank guarantee which acts as a promises to cover the loss of the customer if he/she defaults on a loan.
What are the requirements for bank guarantee?
Request Letter and Counter Indemnity cum Memorandum relating to charge over fixed deposit duly stamped (Franking as per respective State Stamp Ac
Board Resolution for Private Limited Company/Limited Company.
Bank Guarantee text.
What is difference between LC and BG?
A Bank Guarantee is similar to a Letter of credit in that they both instill confidence in the transaction and participating parties. However the main difference is that Letters of Credit ensure that a transaction goes ahead, whereas a Bank Guarantee reduces any loss incurred if the transaction does not go to plan.
Can bank guarantee be amended?
No bank guarantee can not be amended.
What is our Bank Instruments Validity
Our Instruments validity varies from 3 months – 6 months -1 year one day.

TAKE NOTE THAT YOU NEED TO TALK TO YOUR LOCAL BANK ABOUT MONETIZING OF OUR BANK INSTRUMENT SUCH AS (BG/SBLC) MEANS RAISING FINANCE (OR CREDIT LINE) AGAINST YOUR PROJECTS, TO RAISE CASH OR A CREDIT LINE AGAINST THE BANK INSTRUMENT, THIS IS VERY IMPORTANT BECAUSE WE OFFER A WORDED LEASE OF BANK INSTRUMENTS IN SPECIFICALLY TO SECURE MONETIZATION FROM YOUR LOCAL BANK.

We Allows Your business Grow Faster and Reduce Risk in Your Business While we Offer Global Clients.

WHAT IS MONETIZATION OF BANK INSTRUMENTS AND HOW DOES MONETIZATION OF BANK INSTRUMENTS WORK?

The monetizer with the bank receiving requires a credit facility. When any company or individual leases different types of bank instruments, for example, Therefore, the lessor can monetize a Lease Bank Instrument.

Letter of credits

Revolving letter of credit
Confirmed letter of credit
Travelers letter of credit
Commercial letter of credit.

Bank guarantee

Advance payment guarantees
Payment guarantee
Rental guarantee
Credit security bond
Warranty bond
Confirmed payment order
Performance bond

Proof of funds

Proof of funds for immigration
Proof of funds for home purchase
Proof of funds letter.

We Overcome complicated business deals with letters of credit.

We are available and ready to provide all these services to our clients who wish to acquire a letter of credit to guarantee payment under certain specified circumstances. Most often, this form of payment guarantee is used for international purchases where they may be different laws and both the buyer and seller have never met in person due to distance.

A letter of credit may be used to assure that the payment will be processed. In some cases, a letter of credit may be drafted in a way that makes it a transferable credit, and the seller may turn over the payment to a third party and give them the right to withdraw the payment. We typically request that the client tender cash or a pledge of securities to serve as collateral before we issue you a letter of credit.

After placing a request for a letter of credit, it will be issued to you in a few days, typically within two business days. We issue our letters of credit according to industry regulations and they are overseen by The International Chamber of Commerce Uniform Customs and Practice for Documentary Credits.

These Are Kinds of Letters of Credit We Offer.

REVOLVING LETTER OF CREDIT

You are able to make multiple amounts of draws on an account within a particular time frame. You can make it limited to a certain number.

CONFIRMED LETTER OF CREDIT

This mostly for international transactions. A different bank besides the issuing bank can guarantee the letter of credit for our clients. It is most likely the sellers bank and they will ensure payment to the seller if your bank defaults.

TRAVELERS LETTER OF CREDIT

Travelers letter of credit For our clients who are traveling abroad, this kind of letter of credit can be used to guarantee an issuing bank. Image.

COMMERCIAL LETTER OF CREDIT

With this kind of letter of credit, we make a direct payment to the beneficiary of the transaction, whether it is to the seller or a third party.

GIVE US A CALL AND WE WOULD GET BACK TO YOU SHORTLY

+1 (514) 446 6389

SUBMIT APPLICATION FOR LETTER OF CREDIT

102

Clients

88

Returning customers

18

Academic Awards

16

Years of experience

Corporate Office:

Contact

Social Contact:

Charity: Ekens Foundation

Ekens security & law science cORP.

International Security and Counterintelligence Expert