Transferable SBLC (Standby Letter of Credit) – Secure Your Multi-Party Trade Deals with Confidence | NNRV Trade Partners
Ensure Payment Security in Global Trade | 100+ SBLC-Secured Projects | Issued via SWIFT MT760
⚠️ Have You Lost a Deal Due to Lack of Transferable Payment Guarantees?
A Dubai-based intermediary coordinating a $4.5M trade deal between a European buyer and Asian suppliers struggled to secure trust across the chain. With NNRV’s help, they structured a Transferable SBLC through a top-tier bank within 72 hours, securing supplier confidence and ensuring timely execution.
🧠 « Without NNRV’s Transferable SBLC, we couldn’t have completed the deal. It gave us the credibility we needed. »
📌 What is a Transferable SBLC?
A Transferable Standby Letter of Credit (SBLC) is a financial guarantee issued by a buyer’s bank in favor of a primary beneficiary (usually an intermediary or trader), who can then transfer part or all of the SBLC value to one or more secondary beneficiaries (such as suppliers or subcontractors).
📌 Unlike standard SBLCs, Transferable SBLCs are designed for multi-party transactions where the payment assurance must flow through the chain.
At NNRV Trade Partners, we structure Transferable SBLCs to empower intermediaries, EPC contractors, and global traders to execute large, multi-supplier deals securely and without upfront capital.
✅ Governed by ISP98 or UCP 600
✅ Issued via SWIFT MT760
✅ Accepted by global suppliers, traders, and financial institutions
🚀 Key Benefits of a Transferable SBLC
✅ Facilitates Supplier Payment – Guarantees suppliers are paid without buyer’s upfront cash
✅ Multi-Party Coordination – Allows flexible distribution of credit among subcontractors
✅ Enhances Intermediary Credibility – Boosts trust with large buyers and suppliers
✅ Reduces Cash Flow Pressure – Avoids the need to pre-finance trade execution
✅ Global Compliance – Structured under international banking rules (ISP98 / UCP600)
🔹 How Does a Transferable SBLC Work?
1️⃣ Buyer Issues SBLC to the Primary Beneficiary – The buyer (applicant) arranges an SBLC in favor of the intermediary (primary beneficiary).
2️⃣ Primary Beneficiary Requests Transfer – The intermediary requests the issuing bank to transfer part or all of the SBLC to secondary beneficiaries (suppliers).
3️⃣ Suppliers Ship Goods/Provide Services – The secondary beneficiaries deliver goods or services according to the contract.
4️⃣ Payment is Secured & Transferred – Once the conditions are met, the funds from the SBLC are transferred to the relevant parties.
🔄 This structure supports complex trade flows and secures all parties in the transaction chain
📄 Required Documents for Transferable SBLC Issuance
To facilitate the issuance of a Transferable SBLC, we require the following documents:
✔ Proforma Invoice / Sales Contract – Defines trade terms and payment obligations.
✔ Company Registration Documents – Business license and trade permit of the primary beneficiary.
✔ Buyer’s Credit Information – Financial reports proving the buyer’s ability to fulfill payment obligations.
✔ Bank Statements (Last 6-12 Months) – Demonstrates financial stability.
✔ Shipping & Logistics Agreement – Defines delivery terms and compliance with contractual obligations.
🏦 Partner Banks & Financial Institutions for Transferable SBLCs
We work with leading global banks and financial institutions to facilitate SBLC issuance and transfer for multi-party trade transactions.
🔹 Our Trusted Banking Partners Include:
| Bank Name | SWIFT Code | Advantages | Disadvantages | Fees | Time | Min. Deal | SBLC Types |
|---|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Global reach, fast processing | Higher fees, strict KYC | 0.5%–10% | 1–5 days | $1M | Transferable, Import |
| BNP Paribas France | BNPAFRPP | Eurozone support, dual language | Documentation-heavy | 0.5%–8% | 2–6 days | $1M | Transferable, Confirmed |
| Mashreq Bank UAE | BOMLAEAD | MENA focus, responsive | Region limitations | 0.5%–7% | 2–5 days | $500K | Transferable, Revolving |
| Bank of China HK | BKCHHKHHXXX | Strong for China trade | Limited flexibility | 0.5%–7% | 2–6 days | $1M | Transferable, Export |
| UOB Bank Singapore | UOVBSGSG | Ideal for SME intermediaries | Moderate international reach | 0.5%–6% | 2–5 days | $500K | Transferable, Commercial |
| Credit Agricole France | AGRIFRPP | Reliable EU compliance | Conservative KYC | 0.5%–8% | 2–6 days | $1M | Transferable, Confirmed |
📢 Other banks available upon request depending on jurisdiction and trade corridor.
📢 All transactions comply with ICC UCP 600 and ISP98 trade finance regulations.
❓ Why Use a Transferable SBLC?
| 🔒 Feature | ✅ Benefit |
|---|---|
| Transfer Flexibility | Share SBLC value with multiple suppliers |
| Risk Transfer | Bank covers buyer’s default |
| Working Capital Relief | Avoid using your own funds upfront |
| Legal Framework | Structured under ICC ISP98 or UCP600 |
| MT760 SWIFT Delivery | Global bank-to-bank authentication |
🛠️ Our 5-Step SBLC Issuance Process
1️⃣ Submit Required Documents – Compliance check & eligibility confirmation
2️⃣ Receive Tailored SBLC Draft – Structured per your contract and transfer plan
3️⃣ Approve Final Version – You validate the structure with buyer and suppliers
4️⃣ Pay Issuance Fees – Based on SBLC amount and terms
5️⃣ SBLC Issued via SWIFT MT760 – Securely transmitted and confirmed by the advising bank
📊 Transferable SBLC vs Other Instruments
| Instrument | Trigger | Use Case | Protection Level |
|---|---|---|---|
| Transferable SBLC | Buyer Default | Multi-party trade | 🔒🔒🔒🔒🔒 |
| Letter of Credit | Document Match | Direct buyer-seller | 🔒🔒🔒🔒 |
| Bank Guarantee | Contract Breach | Project/tender backing | 🔒🔒🔒 |
💡 Why Choose NNRV Trade Partners for Transferable SBLC?
🔹 Expert Structuring Team – Custom SBLCs adapted to intermediaries and EPC
🔹 Access to Top Global Banks – Including tier-1 and niche trade corridors
🔹 Speed & Accuracy – Drafts in 24h, issuance in 2–6 days
🔹 Fully Transferable Instruments – Clear documentation & verified transfer chain
🔹 End-to-End Support – From issuance to supplier drawdown
❗ Important Notes
Minimum transaction size: $500K to $1M
Documents must match the buyer-supplier chain
Transfer rights must be expressly stated in the original SBLC
We pre-verify all wording and clauses for risk protection
🧠 Real Testimonials
“The Transferable SBLC allowed us to split $3.8M across 3 suppliers and still close the deal without using our own capital.”
– Emmanuel K., International Trader – UAE
“Our suppliers only agreed to deliver after seeing the SBLC from BNP. That’s real power.”
– Lina T., EPC Contractor – France
📚 What Makes Us Different?
✔️ Global Bank Access via SWIFT
✔️ Certified in 40+ Jurisdictions
✔️ ICC-Verified Structuring
✔️ “Accepted or Refunded” Guarantee
✔️ Custom Terms – Any Sector, Any Country
✔️ Dedicated Trade Finance Team
❓ Frequently Asked Questions
Can I transfer the SBLC to multiple beneficiaries?
Yes. The original SBLC must permit partial or full transfers to secondary suppliers.
How long does issuance take?
Typically 2–6 business days once documents and draft are confirmed.
Can my suppliers be in different countries?
Absolutely. We handle multi-jurisdiction transfer SBLCs daily.
Can I add a confirmation bank for security?
Yes. We can structure the SBLC with added confirmation for risk mitigation.
🔗 Related Services
Export SBLC
Import SBLC
Revolving SBLC
Back-to-Back SBLC
Bank Guarantee (BG)
Pre-Advice MT799
Proof of Funds (POF)
📖 Strategic Blog Posts
Transferable SBLCs: The Key to Complex Trade Chains
Transferable vs Back-to-Back SBLC: Which One to Use?
How to Structure Multi-Party SBLCs for EPC Projects
🚀 Get Your Transferable SBLC Today
📩 Let NNRV Trade Partners structure your Transferable SBLC and execute complex trade operations with global credibility and zero payment risk.
[📥 Download the Application Form]
[☎️ Schedule a Free Consultation]
🌍 Trusted in 40+ Countries | ✅ 100% SWIFT-Compliant | Deals From $500K to $100M+
Transferable SBLC (Standby Letter of Credit)
Objective
Secure your multi-party trade deals with a Transferable SBLC, allowing intermediaries, EPC contractors, and global traders to execute complex transactions without upfront capital.
Storytelling Example
"A Dubai-based intermediary coordinating a $4.5M deal struggled to secure trust across the chain. With NNRV’s Transferable SBLC structured via a top-tier bank in 72 hours, supplier confidence was ensured and execution completed on time." – Emmanuel K., International Trader
What Is a Transferable SBLC?
A Transferable Standby Letter of Credit is a financial guarantee issued by a buyer’s bank in favor of a primary beneficiary, who can transfer part or all of the SBLC value to secondary beneficiaries (suppliers or subcontractors). Unlike standard SBLCs, it is specifically designed for multi-party transactions.
Key Benefits
- ✅ Facilitates Supplier Payment – Guarantees payment without buyer’s upfront cash
- ✅ Multi-Party Coordination – Allows flexible credit distribution among subcontractors
- ✅ Enhances Intermediary Credibility – Boosts trust with buyers and suppliers
- ✅ Reduces Cash Flow Pressure – Avoid pre-financing trade execution
- ✅ Global Compliance – Structured under ISP98 / UCP600 rules
How Does a Transferable SBLC Work?
- Buyer issues SBLC to Primary Beneficiary (intermediary)
- Primary Beneficiary requests transfer to Secondary Beneficiaries (suppliers)
- Suppliers deliver goods/services per contract
- Payment is secured and transferred to relevant parties
Required Documents
- Proforma Invoice / Sales Contract
- Company Registration Documents
- Buyer’s Credit Information
- Bank Statements (Last 6–12 months)
- Shipping & Logistics Agreement
Partner Banks & Financial Institutions
| Bank Name | SWIFT Code | Advantages | Disadvantages | Fees | Time | Min. Deal | SBLC Types |
|---|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Global reach, fast processing | Higher fees, strict KYC | 0.5%–10% | 1–5 days | $1M | Transferable, Import |
| BNP Paribas France | BNPAFRPP | Eurozone support, dual language | Documentation-heavy | 0.5%–8% | 2–6 days | $1M | Transferable, Confirmed |
| Mashreq Bank UAE | BOMLAEAD | MENA focus, responsive | Region limitations | 0.5%–7% | 2–5 days | $500K | Transferable, Revolving |
| Bank of China HK | BKCHHKHHXXX | Strong for China trade | Limited flexibility | 0.5%–7% | 2–6 days | $1M | Transferable, Export |
| UOB Bank Singapore | UOVBSGSG | Ideal for SME intermediaries | Moderate international reach | 0.5%–6% | 2–5 days | $500K | Transferable, Commercial |
| Credit Agricole France | AGRIFRPP | Reliable EU compliance | Conservative KYC | 0.5%–8% | 2–6 days | $1M | Transferable, Confirmed |
Other banks available upon request depending on jurisdiction and trade corridor.
Why Use a Transferable SBLC?
| Feature | Benefit |
|---|---|
| Transfer Flexibility | Share SBLC value with multiple suppliers |
| Risk Transfer | Bank covers buyer’s default |
| Working Capital Relief | Avoid using your own funds upfront |
| Legal Framework | Structured under ICC ISP98 / UCP600 |
| MT760 SWIFT Delivery | Global bank-to-bank authentication |
5-Step SBLC Issuance Process
- Submit required documents – compliance check
- Receive tailored SBLC draft – structured per contract
- Approve final version – validate with buyer and suppliers
- Pay issuance fees
- SBLC issued via SWIFT MT760 – confirmed by advising bank
Client Testimonials
"The Transferable SBLC allowed us to split $3.8M across 3 suppliers without using our own capital." – Emmanuel K., International Trader – UAE
"Our suppliers only agreed to deliver after seeing the SBLC from BNP Paribas. That’s real power." – Lina T., EPC Contractor – France
FAQs
- Can I transfer the SBLC to multiple beneficiaries? Yes, if the original SBLC permits partial or full transfers.
- How long does issuance take? Typically 2–6 business days once documents are confirmed.
- Can suppliers be in different countries? Yes, multi-jurisdiction transfers are handled daily.
- Can I add a confirmation bank? Yes, for added security and risk mitigation.
Get Your Transferable SBLC
Let NNRV Trade Partners structure your Transferable SBLC and execute complex multi-party trade deals with global credibility and zero payment risk.
Download Application Form Schedule Free ConsultationTransferable SBLC (Standby Letter of Credit)
Objective
Secure your multi-party trade deals with a Transferable SBLC, allowing intermediaries, EPC contractors, and global traders to execute complex transactions without upfront capital.
Storytelling Example
"A Dubai-based intermediary coordinating a $4.5M deal struggled to secure trust across the chain. With NNRV’s Transferable SBLC structured via a top-tier bank in 72 hours, supplier confidence was ensured and execution completed on time." – Emmanuel K., International Trader
What Is a Transferable SBLC?
A Transferable Standby Letter of Credit is a financial guarantee issued by a buyer’s bank in favor of a primary beneficiary, who can transfer part or all of the SBLC value to secondary beneficiaries (suppliers or subcontractors). Unlike standard SBLCs, it is specifically designed for multi-party transactions.
Key Benefits
- ✅ Facilitates Supplier Payment – Guarantees payment without buyer’s upfront cash
- ✅ Multi-Party Coordination – Allows flexible credit distribution among subcontractors
- ✅ Enhances Intermediary Credibility – Boosts trust with buyers and suppliers
- ✅ Reduces Cash Flow Pressure – Avoid pre-financing trade execution
- ✅ Global Compliance – Structured under ISP98 / UCP600 rules
How Does a Transferable SBLC Work?
- Buyer issues SBLC to Primary Beneficiary (intermediary)
- Primary Beneficiary requests transfer to Secondary Beneficiaries (suppliers)
- Suppliers deliver goods/services per contract
- Payment is secured and transferred to relevant parties
Required Documents
- Proforma Invoice / Sales Contract
- Company Registration Documents
- Buyer’s Credit Information
- Bank Statements (Last 6–12 months)
- Shipping & Logistics Agreement
Partner Banks & Financial Institutions
| Bank Name | SWIFT Code | Advantages | Disadvantages | Fees | Time | Min. Deal | SBLC Types |
|---|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Global reach, fast processing | Higher fees, strict KYC | 0.5%–10% | 1–5 days | $1M | Transferable, Import |
| BNP Paribas France | BNPAFRPP | Eurozone support, dual language | Documentation-heavy | 0.5%–8% | 2–6 days | $1M | Transferable, Confirmed |
| Mashreq Bank UAE | BOMLAEAD | MENA focus, responsive | Region limitations | 0.5%–7% | 2–5 days | $500K | Transferable, Revolving |
| Bank of China HK | BKCHHKHHXXX | Strong for China trade | Limited flexibility | 0.5%–7% | 2–6 days | $1M | Transferable, Export |
| UOB Bank Singapore | UOVBSGSG | Ideal for SME intermediaries | Moderate international reach | 0.5%–6% | 2–5 days | $500K | Transferable, Commercial |
| Credit Agricole France | AGRIFRPP | Reliable EU compliance | Conservative KYC | 0.5%–8% | 2–6 days | $1M | Transferable, Confirmed |
Other banks available upon request depending on jurisdiction and trade corridor.
Why Use a Transferable SBLC?
| Feature | Benefit |
|---|---|
| Transfer Flexibility | Share SBLC value with multiple suppliers |
| Risk Transfer | Bank covers buyer’s default |
| Working Capital Relief | Avoid using your own funds upfront |
| Legal Framework | Structured under ICC ISP98 / UCP600 |
| MT760 SWIFT Delivery | Global bank-to-bank authentication |
5-Step SBLC Issuance Process
- Submit required documents – compliance check
- Receive tailored SBLC draft – structured per contract
- Approve final version – validate with buyer and suppliers
- Pay issuance fees
- SBLC issued via SWIFT MT760 – confirmed by advising bank
Client Testimonials
"The Transferable SBLC allowed us to split $3.8M across 3 suppliers without using our own capital." – Emmanuel K., International Trader – UAE
"Our suppliers only agreed to deliver after seeing the SBLC from BNP Paribas. That’s real power." – Lina T., EPC Contractor – France
FAQs
- Can I transfer the SBLC to multiple beneficiaries? Yes, if the original SBLC permits partial or full transfers.
- How long does issuance take? Typically 2–6 business days once documents are confirmed.
- Can suppliers be in different countries? Yes, multi-jurisdiction transfers are handled daily.
- Can I add a confirmation bank? Yes, for added security and risk mitigation.
Get Your Transferable SBLC
Let NNRV Trade Partners structure your Transferable SBLC and execute complex multi-party trade deals with global credibility and zero payment risk.
Download Application Form Schedule Free ConsultationStrategic Use & Best Practices – MT700 / Transferable SBLC
Objective
Guide exporters, importers, intermediaries, and trade financiers on how to strategically use MT700 Letters of Credit and Transferable SBLCs to maximize security, reduce risks, and ensure smooth multi-party transactions.
Strategic Use Cases
- Multi-Party Supply Chains: Use Transferable SBLCs to secure payments for primary and secondary beneficiaries across global suppliers.
- Large EPC Projects: MT700 or Transferable SBLCs mitigate financial risk while enabling phased payments for project milestones.
- Cash Flow Optimization: Avoid tying up working capital by using bank-backed instruments for trade execution.
- Cross-Border Transactions: Leverage bank-to-bank SWIFT messages to ensure traceability and compliance with UCP 600 / ISP98.
- Risk Mitigation: Reduce counterparty and credit risks using confirming and reimbursing banks strategically.
Best Practices for MT700 & Transferable SBLC
- Document Alignment: Ensure all contract terms, shipment details, and payment conditions match the LC or SBLC instructions exactly.
- Bank Selection: Choose issuing, confirming, and reimbursing banks with global recognition, experience, and suitable trade corridor coverage.
- Partial Transfers: Use transferable clauses to allow secondary beneficiaries to draw funds without affecting the primary transaction.
- SWIFT Verification: Always monitor MT700 / MT760 message confirmations via SWIFT to track issuance and reimbursement.
- Legal Compliance: Structure instruments under ICC UCP 600 or ISP98 to ensure enforceability.
- Risk Checks: Perform KYC, credit verification, and due diligence for all parties before issuing or confirming instruments.
- Discrepancy Reduction: Align every LC / SBLC field to ISBP 745 standards to avoid payment delays.
- Professional Guidance: Engage trade finance experts (like NNRV) to draft, review, and monitor LCs and SBLCs.
Pro Tips
- Use MT799 pre-advice messages to notify banks of upcoming LC or SBLC issuance.
- Structure SBLCs with explicit transfer rights if multi-party flows are involved.
- Confirm secondary beneficiaries’ banking details in advance to avoid delays.
- Keep a clear audit trail with timestamped SWIFT messages for all instruments.
- Consider adding a confirming bank for added security in high-value deals.
Case Illustration
"A European exporter using a Transferable SBLC through NNRV was able to split a $4.5M order across three Asian suppliers. Payment was secured and traceable via SWIFT MT760, eliminating the need for upfront capital while ensuring all suppliers delivered on time." – International Trade Consultant
Conclusion
Strategic use of MT700 and Transferable SBLCs allows companies to manage complex, multi-party trade operations safely. Following best practices—document alignment, bank selection, SWIFT verification, and legal compliance—ensures smooth execution, minimal risk, and optimized cash flow.
Top Banks Supporting Transferable SBLC
Objective
Identify trusted banks that issue and facilitate Transferable SBLCs for multi-party trade, ensuring secure and reliable payments across global trade corridors.
Storytelling Example
"Our project involved 3 suppliers across Asia and Europe. By selecting a trusted bank recommended by NNRV, we completed the $5M transaction smoothly and on schedule." – Maria K., EPC Contractor
Indicative List of Banks
Below is a curated list of 40 international banks capable of issuing or confirming Transferable SBLCs via SWIFT MT760. This list highlights SWIFT/BIC codes, key strengths, transaction ranges, corridors, and types of SBLCs.
| Bank Name | SWIFT/BIC | Strengths | Transaction Range | Corridors | Notes |
|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Global reach, fast processing | $1M–$50M+ | APAC, EU, MEA | Tier-1; recommended for intermediaries |
| BNP Paribas France | BNPAFRPP | Eurozone support, dual language | $1M–$30M | EU, APAC | Good for confirmed SBLCs |
| Mashreq Bank UAE | BOMLAEAD | MENA focus, responsive | $500K–$20M | MEA, APAC | Flexible for regional suppliers |
| Bank of China HK | BKCHHKHHXXX | Strong for China trade | $1M–$25M | APAC | Preferred for Chinese suppliers |
| UOB Singapore | UOVBSGSG | SME-friendly, responsive | $500K–$15M | APAC, EU | Fast onboarding, lower fees |
| Credit Agricole France | AGRIFRPP | Reliable EU compliance | $1M–$25M | EU, APAC | Conservative KYC, confirmed SBLCs |
| Standard Chartered UK | SCBLGB2L | Global network, multi-currency | $1M–$40M | EU, MEA, APAC | Good for multi-party transfers |
| Deutsche Bank Germany | DEUTDEFF | Strong EU trade support | $1M–$50M | EU, APAC | Recommended for EPC projects |
| Citibank NY | CITIUS33 | US & global trade expertise | $1M–$100M+ | US, APAC, EU | Fast cross-border execution |
| JPMorgan Chase USA | CHASUS33 | Strong US & global coverage | $1M–$75M | US, EU, APAC | Reliable for high-value deals |
| Societe Generale France | SGFRFRPP | EU compliance, multi-language | $1M–$25M | EU, APAC | Good for intermediaries |
| OCBC Singapore | OCBCSGSG | SME-friendly, APAC focus | $500K–$20M | APAC | Quick issuance |
| DBS Singapore | DBSSSGSG | Reliable APAC network | $500K–$25M | APAC | Good for multi-supplier deals |
| ANZ Australia | ANZBAU3M | Strong APAC coverage | $1M–$30M | APAC | Recommended for mining/EPC trades |
| HSBC UK | HSBCGB2L | Global reach, multi-currency | $1M–$50M+ | EU, US, APAC | Excellent for intermediaries |
| UBS Switzerland | UBSWCHZH80A | Swiss stability, EU focus | $1M–$25M | EU, APAC | Strong for commodity trades |
| Barclays UK | BARCGB22 | EU & UK compliance | $1M–$20M | EU, APAC | Good for trade finance |
| Commerzbank Germany | COBADEFF | EU trade expertise | $1M–$30M | EU, APAC | Reliable for SBLC issuance |
| Raiffeisen Bank Austria | RZBAATWW | EU compliance | $1M–$20M | EU, APAC | Good for trade finance |
| UniCredit Italy | UNCRITMM | EU trade expertise | $1M–$30M | EU, APAC | Reliable for SBLC issuance |
| ING Netherlands | INGBNL2A | EU compliance | $1M–$20M | EU, APAC | Good for trade finance |
| Rabobank Netherlands | RABONL2U | EU compliance | $1M–$20M | EU, APAC | Good for trade finance |
| Danske Bank Denmark | DABADKKK | EU compliance | $1M–$20M | EU, APAC | Good for trade finance |
| Swedbank Sweden | SWEDSESS | EU compliance | $1M–$20M | EU, APAC | Good for trade finance |
| Nordea Bank Finland | NDEAFIHH | EU compliance | $1M–$20M | EU, APAC | Good for trade finance |
| SEB Sweden | ESSESESS | EU compliance | $1M–$20M | EU, APAC | Good for trade finance |
| Bank of Montreal Canada | BOFMCAM2 | North America focus | $1M–$30M | NA, APAC | Reliable for SBLC issuance |
| Royal Bank of Canada | ROYCCAM2 | North America focus | $1M–$30M | NA, APAC | Good for multi-supplier trade |
| Toronto-Dominion Bank | TDOMCATT | Canadian trade network | $1M–$25M | NA, APAC | Reliable for SMEs and intermediaries |
| Scotiabank Canada | NOSCCATT | Strong cross-border | $1M–$25M | NA, APAC, EU | Flexible MT760 issuance |
| Bank of America USA | BOFAUS3N | US & global network | $1M–$75M | US, APAC | High-value project support |
| Wells Fargo USA | WFBIUS6S | US & APAC reach | $1M–$50M | US, APAC | Quick SWIFT processing |
| Goldman Sachs USA | GSCMUS33 | High-net-worth & corporate | $5M–$100M+ | US, EU, APAC | Custom MT760 structures |
| Morgan Stanley USA | MSNYUS33 | US corporate & investment | $5M–$100M+ | US, EU, APAC | Strong for EPC projects |
| Industrial & Commercial Bank of China | ICBKCNBJ | China & APAC trade | $1M–$50M | APAC | Preferred for Chinese suppliers |
| China Construction Bank | PCBCCNBJ | APAC trade expertise | $1M–$50M | APAC | Fast MT760 issuance |
| Bank of Tokyo-Mitsubishi UFJ | BOTKJPJT | Japan & APAC focus | $1M–$50M | APAC | Strong EPC project support |
| Sumitomo Mitsui Banking Corp. | SMBCJPJT | Japan & APAC focus | $1M–$50M | APAC | Flexible transfer options |
| Mizuho Bank Japan | MHCBJPJT | APAC & EU support | $1M–$50M | APAC, EU | Fast MT760 issuance |
Usage Notes
- Minimum transaction range: $500K–$1M depending on bank.
- All banks comply with ICC UCP 600 and ISP98.
- Selecting the correct issuing/confirming bank minimizes risk for multi-party trades.
- MT760 is used for SBLC issuance and SWIFT-confirmed bank-to-bank security.
Roles in Multi-Party SBLC Transactions
- Applicant / Buyer: Requests SBLC from issuing bank.
- Issuing Bank: Issues the SBLC.
- Primary Beneficiary: Receives the SBLC and can request transfers.
- Secondary Beneficiaries / Suppliers: Receive transferred SBLC amounts.
- Confirming Bank (optional): Adds extra assurance for payment.
FAQs
- Can an SBLC be partially transferred? Yes, if transfer rights are clearly defined.
- How long does issuance take? Usually 2–6 business days depending on bank and corridor.
- Can multiple suppliers in different countries receive the SBLC? Yes, NNRV structures multi-jurisdiction transfers daily.
- Can I add a confirming bank? Yes, for extra risk mitigation.