Bank Guarantees Bank guarantees are commonly used financial instruments in the sugar industry. Primarily they are used to provide protection to the seller, and an assurance that no matter what happens on the buyer’s end, funds are in place and available t …

Letter Of Credit The safest and most common form of payment in international sugar trading, letters of credit provide a means of payment which extends the maximum possible amount of protection to both buyer and seller. A letter of credit provides assuranc …