Euro Interbank is a Financial Company offering specialized services including but not limited to trade finance, international project financing and swift financial messaging to a global network of clients spanning across the world. Euro Interbank is able to quickly understand its client's needs and use its long standing reputation, credibility, and financial strength to underwrite or broker solutions for its clients from organizations globally. Put simply it is able to deliver for the client.
Euro Interbank handles transactions which require for using appropriate Financial Instruments such as - Standby Letters of Credit (SBLCs)/ Bank Guarantees (BG's), Letters of Credit (LCs), Proofs of Fund (POFs), Fund Transfer Instruments etc. These are issued or brokered for discerning clients that may have the use for such instruments for their needs. These Instruments are issued by Banks and Financial Institutions globally and Euro Interbank uses its balance sheet and contacts to confirm and stand as a guarantor in the middle to make these transactions come to fruition. These are a demonstration to the receiver/seller that the issuer/buyer has the capacity to pay for the transaction/ deal/goods, which is usually done at the time of the issuer/buyer's obligation to pay/on the respective dates of payment commitments/ receipt of goods, etc. There is no doubt that while this sounds easy, this is done with a detailed due diligence by Euro Interbank on all sides and also by the providing Institutions which are namely banks and financial institutions globally.
Usance (deferred) letter of credit with conditional acceptance procedure
Standard letter of credit procedure