Bank Payment Undertaking (BPU) is a formal, irrevocable commitment made by a bank to pay a specified amount to a seller (beneficiary) on behalf of a buyer, […]
What is BG SBLC Monetization? BG SBLC Monetization is a financial process where a Bank Guarantee (BG) or Standby Letter of Credit (SBLC) is used as […]
Understanding Liens Understanding liens is crucial as liens can spell trouble, especially if you find yourself on the receiving end of one. In essence, a lien […]