---
title: Standby Letter of Credit
description: Are you familiar with a Standby Letter of Credit? It may not be what you think it is. Check out this infographic for the details.
---

[Education Center ](https://www.ncscredit.com/education-center/resources)

# [Standby Letter of Credit](https://www.ncscredit.com/education-center/resources/infographic-standby-letter-credit)

 Written by [kalford](https://www.ncscredit.com/education-center/resources/author/kalford) | Jan 15, 2018 5:00:00 AM

A Standby Letter of Credit is a written guarantee, issued by a bank, to pay on behalf of their customer in the event their customer does not pay. Review this infographic to learn more about Standby Letters of Credit and the role they may play in your business.

[View full post](https://www.ncscredit.com/education-center/resources/infographic-standby-letter-credit)

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