What does SBLC mean? What is the full form of SBLC?

The Full Form of SBLC is Standby Letter of Credit.

Standby Letter of Credit (SBLC / SLOC) is a guarantee that is made by a bank on behalf of a client, which ensures payment will be made even if their client cannot fulfill the payment.

SBLC

means

Standby Letter of Credithow to pronounce Standby Letter of Credit

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What does SBLC mean? What is the full form of SBLC?
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