Highlight & Benefits
Standby Letter of Credit
Confidently reassure your trade partners with an authenticated Bank Guarantee or Standby Letter of Credit. These documents are issued by RHB, and act as a secondary payment mechanism to the beneficiary in case you are unable to fulfil contractual terms of the trade agreement.
Rates & Charges
Payment of Local LCS Issued By The Bank
Local LC in Foreign Currency |
|
Payment in SGD |
1/8%, Min S$90 |
Payment in Foreign Currency |
1/8%, Min S$90 +1/8% in lieu of exchange Min S$80 or US$60 |
Documents Requirement
Express Banker’s Guarantee Form
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