Standby Letters of Credit
Let CB&T help streamline complex negotiations and transactions through a Standby Letter of Credit, a tool you can use to make sure other parties are paid only when they satisfy the terms you’ve negotiated.
This is an excellent strategy for setting up bid bonds, performance bonds, or to support loans or unpaid invoices made on open account purchases – with CB&T serving as an intermediary in your domestic or international transactions.
Our International Banking Group offers seasoned professional expertise in setting up even the most complex letters of credit – and will work with you to protect your interests by assuring that proper terminology and safeguards are included and that the terms of the letter reflect the negotiations of all parties.
To use these services, contact an International Banking Letter of Credit Specialist for more information.