LettersofCredit

Letters of Credit (LCs)

While LCs are financial instruments that are used regularly, it is how we implement them, that makes the difference. We use our regulatory expertise and our depth of talent to tailor each LC to meet your unique business requirements, working around constraints like supplier location and trade terms or funding hurdles.

• For the exporter
  As an exporter, your organisation is guaranteed payment upon meeting the specified terms of delivery in the LC.
• For the importer
  As an importer, you are assured that payment aligns with LC terms, guaranteeing you receive the goods and services as agreed upon. You can use LCs as a working capital tool in collaboration with your suppliers to finance your imports. These solutions enable you to secure more competitive global funding and maintain the extended trade payable, while paying your suppliers on time as agreed.