Services
OUR SERVICES
What We Offer our Clients
We at Cash Flow Providers (UK) Limited, offers our customers a wide range of trade finance services that include standby letter of credit, bank guarantees, documentary letter of credit, and RWA messages. To learn about these services see below:
Standby Letter of Credit
A standby letter of credit (SBLC) is a legal instrument issued by a bank. It represents the bank’s guarantee to make payment to the seller of a certain amount in the event the buyer is unable to make the payment themself as agreed.
Bank Guarantees
A guarantee is an assurance that a bank provides to a contract between two external parties, a buyer and a seller, or in relation to the guarantee, an applicant and a beneficiary.
Documentary Letter of Credit
A documentary letter of credit is a promise to pay the beneficiary by a financial institution. It serves as a financial guarantee to the beneficiary for the payment if somehow the applicant cannot make the payment on time.
RWA/POF Documents
Get Ready Willing and Able/ Proof of Funds documents upon request.
Construction Proformance Bond
Like other surety bonds, a performance bond in construction is an agreement between three parties. The principal is the contractor completing the project, the guarantor is the surety company and the obligee is the client who wants the construction project built.
Construction Bid/ Tender Bond
A Bid or Tender Bond is a kind of construction bond which provides an assurance of the intention of the party submitting a tender (i.e. the authority) to sign a contract if his/her tender is accepted. This type of bond is mainly required from the contractors when they are bidding on public projects.
