Frequently Asked Questions
FAQs:

Have any questions or queries related to Trade Finance Facilities - Letter of Credit, Standby Letter of Credit, or Bank Guarantees? Let us help you with these Frequently Asked Questions (FAQs). If you can't find the answer to your queries, feel free to Contact Us, we are always ready to assist you with any questions you may face in your business.

1. What kind of services does BlackRock Bank Broker offer?

We provide our Trade Finance Services in terms of Letter of Credit, Standby Letter of Credit, Bank Guarantee, Performance Bond - Performance Guarantee, Tender Bid - Tender Bond, Advance Payment Guarantee, and Bank Comfort Letter.

2.Where is BlackRock Bank Broker located?
3. Is BlackRock Bank Broker a Direct Provider or a Broker?
4. How long has BlackRock Bank Broker been in business?
5. What is the minimum transaction that BlackRock Bank Broker deals with?
6. How does the issuance fee charge of the financial instrument get paid?
7. Does BlackRock Bank Broker accept any financial instrument (LC/SBLC/BG) instead of issuance fee charges?
8. To whom are the issuance fee charges of the financial instrument to be paid?
9. Does BlackRock Bank Broker pay commission/referral fee/brokerage fee?
10. Why do I need to pay your fee before you open the financial instrument? Can't you take your fee out of the profits of our transaction?
11. Can I cancel the financial instrument after it has been opened?
12. What are the charges for opening the financial instruments?
13. I opened a financial instrument to my supplier, but he did not ship the goods. Will you refund my fee?
14. In which currency can BlackRock Bank Broker provide the financial instruments?
15. What is the validity of the financial instrument BlackRock Bank Broker provides?
16. Can BlackRock Bank Broker provide a TRANSFERABLE financial instrument?
17. Is the financial instrument Renewable?
18. How long will it take for BlackRock Bank Broker to issue the financial instrument after the charges are paid?
19. Does BlackRock Bank Broker require any collateral to provide the financial instrument?
20. Can BlackRock Bank Broker provide loans or finance for business/projects?
21. Does BlackRock Bank Broker buy or sell any financial instrument (BG/SBLC)?
22. Does BlackRock Bank Broker discount or finance against any financial instrument?
23. By which banks does BlackRock Bank Broker provide the financial instruments?
24. Can BlackRock Bank Broker provide the draft/text of the financial instrument?