SBLC Intake & Funding
Orchestration Platform
Submit your Standby Letter of Credit or Bank Guarantee for structured verification, policy review, and funding facilitation. All on a single institutional-grade platform.
How SBLC Issuance Works in This System
Submit Intake Package
Provide instrument details: issuing bank, SWIFT BIC, face value, currency, expiry, applicant, beneficiary, and transferability status. Paste the raw MT760 SWIFT text if available.
Verification & Policy Check
The system verifies the issuing bank is on the approved list, checks expiry runway, validates transferability, and runs sanctions screening. The MT760 is parsed and cross-checked against declared terms.
Compliance Review
KYC/KYB on applicant and beneficiary. Source/use of funds narrative reviewed. Side letters and fee letters checked. Draw conditions summarized.
Facility Structuring
Once approved, a funding facility is created: face value minus haircut = recognized value. Maximum draw amount is set. Chain is assigned (XRPL / Stellar / Wire).
Draw Execution
Draws are requested against the facility. Each draw requires 2-person approval and address validation before settlement executes on-chain or via wire.
Settlement & Evidence
Settlement records are created with transaction hashes. Full audit trail maintained for every state change, decision, and document uploaded throughout the case lifecycle.
What "Issuer Numbers" Mean Here
The system does not issue reference numbers to the SBLC-issuing bank. Instead, it needs the following from the issuing bank's end:
- SWIFT BIC — 8–11 character bank code (e.g.,
HSBCGB2L) - MT760 Transaction Ref — Field :20: in the SWIFT message
- Bank's internal LC/SBLC reference — Field :21:
- Advising bank BIC — If applicable, field :57A:
What OPTKAS Generates
- CASE-YYYYMMDD-XXXX — Unique case reference number
- Facility ID — Assigned after approval & structuring
- Draw Request IDs — Per disbursement request
- Settlement TX Hash — On-chain transaction reference
- Issuing bank legal name + SWIFT BIC
- Face value and currency (e.g., USD 10,000,000)
- Expiry date (minimum 30+ days from today)
- Applicant legal entity name
- Beneficiary legal entity name
- Transferability status (yes/no)
- Raw MT760 SWIFT text (or structured fields)
- Applicant & beneficiary KYC/KYB documents
- Source and use of funds narrative
- Beneficial ownership information
- Any side letters or fee letters
- Governing ruleset (ISP98, UCP600, URDG758)
- Draw conditions summary
- Advising / confirming bank details if claimed
New to OPTKAS?
Take the full platform walkthrough — 18 steps, live API calls, and voice narration covering every aspect of the SBLC lifecycle: intake, policy, SWIFT parsing, risk scoring, committee approval, custody, facility structuring, and on-chain settlement.
▷ Start System Walkthrough