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Managing Risk

Standby Letters of Credit

What are Standby Letters of Credit?

Standby Letters of Credit are the primary guarantee instrument used in North America. They provide companies with additional protection in respect of their customers performance or financial obligations. We can issue a Standby Letter of Credit on your behalf or receive and validate a Standby Letter of Credit issued by other banks in your favour. 

Benefits of Standby Letters of Credit...

Provides security

Gives your supplier confidence that you can meet your financial commitments

Safe and efficient

Provides a safe and efficient way of mobilising the working relationship between overseas trading partners.

Payment protection

Gives you protection against non-payment risk

Ready to apply

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Is you business turnover...

Thanks, now tell us what sort of customer you are

Ready to apply

If you’re a UK customer, simply click the button to start your application online. Alternatively, you can always talk to your relationship manager or give us a ring on the number below.

Application subject to customer credit line facilities. Fees and charges will apply for these services.

Contact us on: 0345 050 1425

UK Relay Service: 18001 0345 050 1425

For more information on accessibility, visit: https://www.business.natwest.com/business/accessibility.html

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Are you a new customer to the bank?

Please call our trade finance specialists who can talk you through solutions tailored specifically for you.

Contact us on: 0345 050 1425

UK Relay Service: 18001 0345 050 1425

For more information on accessibility, visit: https://www.business.natwest.com/business/accessibility.html

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Thanks now tell us what sort of customer you are

Ready to apply

If you’re a UK customer, simply click the button to start your application online. Alternatively, you can always talk to your relationship manager or give us a ring on the number below.

Application subject to customer credit line facilities. Fees and charges will apply for these services.

Contact us on: 0345 050 1426

UK Relay Service: 18001 0345 050 1426

For more information on accessibility, visit: https://www.business.natwest.com/business/accessibility.html

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Are you a new customer to the bank?

Please call our trade finance specialists who can talk you through solutions tailored specifically for you.

Contact us on: 0345 050 1426

UK Relay Service: 18001 0345 050 1426

For more information on accessibility, visit: https://www.business.natwest.com/business/accessibility.html

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Factsheet

Standby letters of credit provide both buyers and sellers in a trade transaction with reassurance that either performance or financial obligations will be met. We can issue guarantees on your behalf or receive and validate guarantees issued by other banks in your favour.

Trading outside of North America?

Bonds and Bank Guarantees are the primary guarantee instrument used in in all territories outside of North America. Discover our wide range of Bank Guarantees available.

Additional support for your business

Managing risk

Help protect against the impact of exchange rate fluctuations and the risk of not being paid

MaxTrad

Our secure online platform lets you manage your international trade transactions from anywhere, 24 hours a day

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