MMW Capital B.V specialize in Cash backed Bank Instruments BG Bank Guarantee and SBLC Standby Letter of Credit with the best available solutions to meet all your financial goals and project finance requirements.
MMW Capital B.V has built a successful Financial and Investment GLOBAL brand through utilizing our worldwide resources and applying them to the requirements of our current and future customers while maintaining an unyielding commitment to working with integrity for our external as well as internal customers.
We issue the following Financial Instruments:
SBLC – Standby Letter of Credit – is a guarantee of payment by a bank on behalf of their client in which the bank fulfills payment obligations by the end of the contract if their client cannot. The Standby LC is based on a contract between two business partners.
Types of Standby Letters of Credit:
Performance SBLC – ensure the non-financial contractual obligations (quality of work, amount of work, time, cost, etc.) are performed in a timely and satisfactory manner. If these obligations are not met, the bank will pay the third party in full.
Financial SBLC- ensure financial contractual obligations are fulfilled. Most SBLCs are financial.
Financial SBLCs are often required when performing international trade or other large purchase contracts under which other forms of payment protections (such as litigation in the event of non-payment) can be difficult to obtain.
BG – Bank Guarantee – with a bank guarantee you can cover performance and payment obligations – for example, when submitting tenders or signing contracts, making advance payments, securing credits, or delivering goods made on open-account terms. In the case of a bank guarantee, the bank commits to pay a specific amount to the beneficiary if the principal fails to furnish a guarantee for an agreed performance or payment.
Bank Guarantees are widespread across the globe and are used in domestic and international transactions. Bank guarantees are also a sound argument in negotiations, because a bank will only issue a guarantee after thoroughly verifying the principal’s creditworthiness and ability to deliver.
For more information visit – https://mmwcapitalbv.com
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Email: info@mmwcapitalbv.com
Phone: +31 97005034713
Address: Prinses Margriet Plantsoen 33 2595 AM The Hague The Netherlands