Trade Finance for the Medical Sector: Standby Letter of Credit Issued, Shipment Released

A German medical supply company needed to import protective gloves from Pakistan, for a total value exceeding €3 million. The supplier required a standby letter of credit (SBLC) before starting production and shipping.

⏱️ Time was tight, and the goods were destined for public healthcare facilities. The operation had to be executed with speed and precision. Credit Glorious stepped in immediately.

🔹 We reviewed the documentation

🔹 Structured the SBLC according to the supplier’s requirements

🔹 Coordinated with the client, the bank, and the international counterpart

👉 The guarantee was issued on time

👉 The supplier released the shipment 

👉 The client met all contractual deadlines with the hospitals

👋 Hi, I’m Manyi Kiss.

I support companies across Europe with fast, secure, and customized trade finance tools, especially when timelines are critical and execution needs to be flawless.

📩 If your company needs an SBLC, a documentary letter of credit, or a team that knows how to move in global transactions with confidence, reach out. Let’s talk.

Credit Glorious

Trade finance. When timing matters.