One of the safest and most reliable hedging and credit instruments in international trade, designed to balance the interests of importers and exporters and address trust challenges between geographically distant parties.
Security and Trust in International Trade
Documentary Letters of Credit
Fully or Partially Cash-Collateralized LCs
facilities
Confirmed Letters of Credit
Add the undertaking of another international bank to increase supplier confidence.
Deferred Payment LCs
Give the importer a grace period to pay for goods.
Revolving Letters of Credit
Cover continuous and recurring shipments without issuing a new LC each time.
How the Service Works
Under the letter of credit, and at your request as importer, the bank undertakes immediate or deferred payment to the foreign exporter, provided compliant shipping and commercial documents are presented according to the LC terms and specifications.
Target Customers
Factories
Factories
