Destination Global Corp Ltd a Financial Service Company Specialized in Financial Instruments BG Bank Guarantee and Standby Letter of Credit SBLC.

BG Bank Guarantee - Bank guarantees are frequently used in international trade and ensure both sides in a contractual agreement from credit risk.

Bank guarantee is when a lending institution promises to cover a loss if a borrower defaults on a loan.

SBLC Standby Letter of Credit - SBLC a guarantee of payment by a bank on behalf of their client in which the bank fulfills payment obligations by the end of the contract if their client cannot. Financial standby letters of credit ensure financial contractual obligations are fulfilled.