2.11.4 Detailed Coverage (description of the product)
| CODE | GUIS/ GUIR | SBLC |
|---|---|---|
| DESC | Guarantee Issuance Guarantee Issuance /Reissuance upon receiving request | Stand by LC Issuance |
| TYPE | Guarantee | Stand By |
| Revolving | N | N |
| Tenor | ||
| Standard | 90 | 90 |
| Minimum | 30 | 30 |
| Maximum | 360 | 360 |
| Tolerance Percentage | ||
| Positive | NA | NA |
| Negative | NA | NA |
| Exchange Rate Related Details | ||
| Default Rate Type | Standard | Standard |
| Rate Override Limit | 3 | 3 |
| Rate Stop Limit | 10 | 10 |
| Other Preferences | ||
| Collateral Percentage | 10 | 10 |
| Period of Presentation | NA | 21 |
| Applicable Rules | URDG | ISP LATEST VERSION |
| Confirmation Required | NO | No |
| Guarantee Details | ||
| Claim Days | 10 | NA |
| Claim Settlement by Loan | Y | NA |