Liability issued by an institution in favor of a third party in order to guarantee a client’s obligation to give or do something.
Monex offers certainty, being a bank the one in charge of the commitment to meet the Stand-by letter of credit or guarantee.
In case of payment incompliance on behalf of the client, the bank pays the amount indicated on the Stand-by letter of credit upon meeting the terms and conditions.
Contact your Account Executive
Forward the financial and legal information in order to make an assessment
Contracting and compliance of conditions set by the Credit.