The letter of credit and bank guarantee products offered by Sigma consultants are backed by the top banks in India with a diversified product structure, which is designed to meet the exact requirements of the clients for their business and trade transactions.

Letters of credit and bank guarantees are two ways of lending through financial institutions. Lenders provide a letter of credit (LOC) when you need to buy something or some service in a foreign country. A bank guarantee is usually provided by a foreign investor when you need to borrow money for some investment project in your country.