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Alan Jones Financial Services
Established in 2005, Alan Jones Financial Services (AJFS) is a global collateral instrument provider specialized in providing Bank Guarantee (BG) / Standby Letter Of Credit (SBLC).
We provide Corporations, Institutions, Governments and Entrepreneurs with Bank Guarantee and Standby Letter Of Credit.
What is BG/SBLC ?
A Bank Guarantee (BG) / Standby Letter Of Credit (SBLC) represents an irrevocable obligation of the bank to pay a specified amount of money if the party for which the bank is giving the guarantee does not fulfil its contractual obligations.
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Our BG/SBLC Description
Format: URDG 458 / ISP98
Term: Fresh Cut
Validity: One (1) Year And One (1) Day
Types of BG/SBLC we issue
BG/SBLC is a type of collateral that can be used in managing various kinds of risk. BG/SBLCs are classified by the kind of risk they cover.
1. After due diligence, Lessee/Buyer and Provider sign agreement.
2. Within two banking days, Issuing bank sends RWA Letter to receiving bank and Provider sends Invoice for payment of bank charges and Corporate Refund Undertaking Letter to Lessee/Buyer.
Our BG/SBLCs are available with straightforward process and prompt delivery.