Letters of Credit

For the importer:

The ability to control and reduce the risks

It is possible to accurately predict cash flows, and the price of goods

You can agree on terms more favorable

It can get a credit extended by having LC content

Even if the exporter:

The limits of pay, changing their bank

Improvement of competitiveness

Cash Flow Forecasting

The exporter may cost savings for other credit insurance

Local guide and How-to

And 'eliminated the risk of the national bank of the exporting country

The LC issued by banks

Credit terms and currency of payment may agree

You can check with a loan from a bank in the country of export

Unknown date of payment and revenue

LC may provide for the payment, or content (deferred payment of, say, 30, 60, 90 or more)

The client bank asks LC and also to clarify the terms

Credit conditions, currency prices and the payment can be arranged

Product features vary depending on the location. Please contact your local branch to learn more.