Bank Guarantees & SBLCs — Selective, Best-Effort Facilitation
SKR Fincon assists eligible clients in approaching reputed Indian and international banks for Bank Guarantees (BGs) and Standby Letters of Credit (SBLCs). These instruments enhance contractual credibility and support trade or project obligations, but their issuance depends entirely on the bank’s independent credit assessment and approval.
Our Role
We act solely as facilitators — coordinating documentation, eligibility review, and communication with banks and financial intermediaries. We neither issue nor assure any BG or SBLC; facilitation is strictly on a best-effort and selective basis.
Eligibility & Evaluation
Requests are reviewed case-by-case considering integrity, reputation, credit standing, purpose of transaction, and compliance documentation. Only applicants meeting prescribed standards are introduced to suitable institutions.
Caution & Compliance
Given the sensitivity of these instruments, all engagements are subject to KYC, AML, and regulatory due diligence under applicable Indian and international trade-finance guidelines. Timelines and approval are at the sole discretion of the issuing bank.
Result
If approved, clients gain enhanced transactional credibility; if not, SKR Fincon may suggest alternate instruments such as insurance bonds or escrow solutions.
Disclaimer: SKR Fincon acts purely as a facilitator. The issuance of Bank Guarantees or SBLCs is entirely at the discretion of the concerned bank or financial institution. No assurance of approval, structure, or timeline is implied. Engagements are accepted only on a selective, best-effort basis and subject to full compliance and documentation.
These services are restricted and available only to existing SKR Fincon clients with a minimum relationship of two years