Kleinwort Benson, one of the oldest established banks in the Channel Islands, has long been involved in the provision of a variety of guarantee and standby letter of credit facilities for its diversified client base.
Types of guarantee include:
- Lloyds of London
- Performance bonds
- Advance payments
- VAT and customs duty
- Other liabilities to third parties
Standby letters of credit can typically be used for:
- The reinsurance business of captive insurance companies
- The financing of real estate development and construction projects
- Other liabilities to third parties
The considerable expertise we have built up over the years enables us to provide these services in a fast and efficient manner and at very competitive rates. We will be more than happy to liaise with the various parties involved to assist with drafting the wording of the guarantee or standby letter of credit and ensure compliance with the latest Uniform Customs and Practice.
If you would like to discuss how we can assist you further please contact us on
Tel: +44 (0)20 32077400 or email our team of advisers.