Letter of Credit
Providing support to businesses of any size or complexity, a Letter of Credit can help cover your trading risks and allow you to protect against defaults on payments from overseas and guarantee your own payments abroad.
How we can help
From documentation to transportation we can ensure full compliance, timely presentation of documents and our attention to detail will ensure you avoid costly delays.
A Letter of Credit is an undertaking between Buyer (Generally shown as Applicant) & Seller (Generally shown as Beneficiary). This undertaking is issued by a bank, on behalf of the buyer, to the seller to pay for goods and services, provided the seller presents documents which comply fully with the terms and conditions of the Letter of Credit.