ROYAL BANK PACIFIC - We are best Trade finance company in thailand. We provide Trade Finance Services – Letter of Credit, Standby LC or Bank Guarantee

Bank Guarantee -The irrevocable obligation of a bank to pay a sum of money in the event of non-performance of an undertaking by a third party. The guarantee is a separate obligation independent of the principal debt or the contractual relationship between the creditor and the principal debtor. \

Our financial Company offers finance services such as: Trade service, Standby letter of credit, Letter of credit and Usance letter of credit services of the very best quality.

Our financial Company offers finance services such as: Trade service, Standby letter of credit, Letter of credit and Usance letter of credit services of the very best quality.

Our financial Company offers finance services such as: Trade service, Standby letter of credit, Letter of credit and Usance letter of credit services of the very best quality.

Letters of credit has been widely used in various trade finances, especially in the cases where the buyer and the seller are not known to each other, are living in different countries or have different laws to trade. One such letter of credit is Standby credit.

Under a standby letter of credit, the issuing bank (or the buyer’s bank) gives the assurance to make the payment even after the buyer has failed to do so.

Letters of credit has been widely used in various trade finances, especially in the cases where the buyer and the seller are not known to each other, are living in different countries or have different laws to trade. One such letter of credit is Standby credit.

If you don’t know what a standby letter of credit is, it is an arrangement where the bank warrantees payment to its beneficiary in case the latter is not able to pay due to some unforeseen and unavoidable issue.

Standby letters of credit, just as standard LCs are used especially for international trade and also for domestic transactions like building projects. Nevertheless, the key to such a letter of credit is that something drastic happens due to which the customer is unable to make payments.

If you don’t know what a standby letter of credit is, it is an arrangement where the bank warranties payment to its beneficiary in case the latter is not able to pay due to some unforeseen and unavoidable issue.

International trade comprise of factors like different laws, distance, various laws pertaining to the countries involved and the dearth of contact during the process of trade. Amidst all this, letters of credit are used as a dependable mechanism of payment