SBLC / Bank Guarantee Fee Estimator
Estimate the total cost of a Standby Letter of Credit or demand guarantee. Commission is pro-rated by tenor in months against a minimum fee floor, with optional cash-collateral offset.
Review your SBLC wording against ISP98 / URDG 758 to avoid non-compliant demand triggers.
- UCP 600 + ISBP 745 rule engine
- Field-by-field variance report
- Suggested corrections per document
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Overview & methodology
SBLCs and demand guarantees
Standby LCs are typically governed by ISP98 (financial standby) or UCP 600. Independent demand guarantees follow ICC URDG 758. Commission is quoted annually and pro-rated per month, subject to a minimum fee - cash collateral can materially reduce the bank's risk charge.
Frequently asked questions
How are SBLC fees calculated?
Annual commission (typically 0.5–3% depending on obligor credit) × (days outstanding / 360 or 365) × face amount, plus any cash collateral offset. Add issuance fee, amendment fees and, if drawn, negotiation/payment fees.
Is an SBLC under ISP98 or URDG 758?
Either. ISP98 is the ICC's rule set specifically for standby credits; URDG 758 is for demand guarantees. Both apply to SBLCs but with different presentation and expiry-place rules. UCP 600 can also apply where the issuer prefers documentary-credit mechanics.