Bank guarantee monetization, in general is the process of establishing or converting something into legal tender. While it generally favors to the coining of currency or the printing of banknotes by central banks, it may also take the type of a promissory currency. Monetizing a bank instrument such as a Bank Guarantee provider or standby letter of credit (SBLC Monetizer or BG) means raising finance against it. In order to get cash funds or raise a credit line against a bank instrument, it is vital that the bank instrument is worded mainly for the objective of getting cash funds for either viable projects or securing a credit line. Getting cash funds or raising a credit line against a bank instrument issued for objectives other than these, may not be possible. The term "Sblc monetization" may also be used informally to favor to exchanging possessions for cash equivalents or cash.
