Standby Letters of Credit

Your Standby Letters of Credit have integrated with us as part of our Trade & Working Capital offering. If you have any existing letters, they will continue to be serviced as your accounts integrate with JPMorganChase. Following integration, we will reach out to let you know when your letters of credit transfer to us and provide updated contact details.

When considering and managing potential letter of credit needs, our dedicated team can advise on the most appropriate solution across a range of financial, performance, lease, bid, maintenance, insurance and advanced payment Standby Letters of Credit (SBLC) and Guarantees. Our global reach facilitates local issuance and reissuance in other countries with our global network of correspondent banks.

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The information provided here is intended to help clients protect themselves from fraud and cyberfraud. It does not provide a comprehensive list of all types of fraud activities or identify all types of cybersecurity best practices. Your company or organization is responsible for determining how to best protect itself against fraud and cyberfraud and for selecting the best practices that are most appropriate to your needs.

Clients who do not use appropriate fraud-prevention tools increase their risk of losses and are liable for all losses incurred for payments originating using any authorized users’ security credentials or others who have designated transaction authority.