Issuance Procedure
To ensure a smooth and transparent issuance of financial instruments such as SBLC, BG, and DLC, the following documentation and process flow must be adhered to.
Documents for Draft
• Filled-in Application Form (attached)
• Verbiage for SBLC & BG / Proforma Invoice for DLC
Documents After Draft Approval
• Trade License
• Shareholders List
• Passport copy of main applicant
• 3 years audited balance sheet
• 6 months latest bank statement
Collateral
No collateral is required for issuance.
Charges
Charges depend on instrument value, tenure, and issuing bank / financial institution.
Step-wise Issuance Process
Step 1
Upon receipt of all documents, we select the issuing bank / financial institution and prepare the draft for your review.
Step 2
You review the draft thoroughly. Any required amendments are incorporated. Signed and stamped draft confirms approval.
Step 3
Invoice for agreed charges is raised and payment is remitted against the invoice.
Step 4
After payment receipt, the issuing bank relays the instrument via SWIFT within 48–96 hours.
Step 5
Issued copy of the instrument is shared via email for your reference and records.
Important
Issuance timelines and fees vary based on value, tenure and issuing institution.
No collateral is required.
List of Issuers
We work with a selected group of reputed banks and financial institutions to ensure secure, compliant, and timely issuance of financial instruments.
SIGMA FINANCIAL SOLUTIONS LIMITED
Bank Address:
Corporate Park, Block 4,
Stand No. 20849,
Alick Nkhata Road,
Lusaka, Zambia
MICRO CAPITALS BANK
Document Processing Address:
Dubai, UAE
or India
ACUMEN BANK LTD
Document Processing Address:
Level 37,
One Canada Square,
London E14 5AA,
United Kingdom
UNITED TRUST BANK SARL
Document Processing Center:
Level 37,
One Canada Square,
London E14 5AA,
United Kingdom
Issuing bank selection is finalized based on the transaction structure, tenure, instrument value, and compliance requirements.
SBLC Monetization & Trade Program
Our institution specializes in Standby Letter of Credit (SBLC) monetization and structured trade programs, offering tailored financial solutions for corporate and institutional clients. Each SBLC monetization is evaluated on a case-by-case basis, ensuring the loan-to-value (LTV) ratio aligns with the specific requirements and risk profile of the client.
Through our Trade Programs, clients gain access to structured financing solutions that facilitate liquidity, capital growth, and international trade opportunities. Our team combines deep market expertise with a transparent, compliant process, providing reliable and efficient access to capital while safeguarding client interests.
Unlock the potential of your SBLCs with a partner that understands both global financial instruments and strategic capital solutions.
