by bectic finance | Feb 3, 2022 | Uncategorized
What is Documentary Letter of Credit (DLC). A documentary letter of credit is bank’s promise to pay a seller on behalf of the buyer as long as the seller complies with precisely defined terms and conditions specified in the credit. Parties of the transaction are...
by bectic finance | Jan 31, 2022 | Uncategorized
Fresh cut bank instrument (bg/sblc/lc/dlc/mtn) for lease and sales. BECTIC FINANCE COMPANY LIMITED. My name is Bruce Fung, I write to introduce our financial services to you. I am a direct mandate to a Financial Institution who is also known as private lender...
by bectic finance | Jan 26, 2022 | Uncategorized
What is a Performance Bonds PB. A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good...
by bectic finance | Jan 24, 2022 | Uncategorized
Fresh cut bank instrument (bg/sblc/lc/dlc/mtn) for lease and sales. BECTIC FINANCE COMPANY LIMITED. My name is Bruce Fung, I write to introduce our financial services to you. I am a direct mandate to a Financial Institution who is also known as private lender...
by bectic finance | Jan 21, 2022 | Uncategorized
What is a Medium-Term Note (MTN)? A medium-term note is a debt note that usually matures in 5–10 years, but the term may be less than one year or as long as 100 years. They can be issued on a fixed or floating coupon basis....
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