SCB Recent Success...
SCB facilitates cement trading between Netherlands and USA. An SCB Documentary Letter of Credit (DLC) in the amount of 2.58M USD was used to transport Portland Cement CEM II from Turkey to Haiti.
Amount:2,580,000 USDInstrument:180 days DLC
Type:MT 710
Receiving Bank:ING Bank, Netherlands
SCB delivers a 5M USD Standby Letter of Credit (SBLC) enabling bonny light crude oil to be loaded onto ships enroute to Rotterdam, Netherlands from Nigeria.
Amount:5,000,000 USD
Instrument:SBLC
Type: MT 798/760
Receiving Bank: First Bank, Nigeria
Soleil Chartered Bank (SCB) is an international trade finance institution created to manage and solve global trade finance documentary needs. With a world-wide scope, SCB provides global trade finance solutions to Banks, Brokers, Corporations and Individuals. SCB financial instruments are used by traders, companies and individuals to meet required trade finance needs.
Our Disclaimer: The information supplied in this newsletter does not constitute financial advice and you should seek independent advice before undertaking any financial transactions based on information supplied herein. Soleil Chartered Bank does not accept any liability whatsoever for any loss or damage suffered or incurred as a result of your relying on information or material published in this newsletter. We aim to keep our newsletter up to date with current financial rules and regulations. We seek to uphold the highest standards.
SCB Recent Project...
SCB Standby Letters of Credit (SBLC) totaling 5M USD were used to start a rock mine in Philippines creating 24 local jobs.
SCB in the world...
With 26.2 million metric tons (9.6 billion USD) of sugar exports in 2014, Brazil was by far the biggest sugar exporter in that year. Every year about 165 million metric tons of sugar is being produced around the world. Brazil accounts for about 25% of this production making it the world's largest sugar producer as well. Multiple SCB 90 day Documentary Letters of Credit (DLC) ranging from 5M USD to 20M USD were recently used to bring sugar out of Brazil.
