by bectic finance | Feb 10, 2022 | Uncategorized
WHAT IS A CERTIFICATE OF DEPOSIT (CD). A certificate of deposit (CD) is a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time....
by bectic finance | Feb 7, 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 | 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...
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