Trade Solutions
Letters of Credit (Import & Export)
A Documentary Credit constitutes an irrevocable undertaking of the Issuing Bank to honour a complying presentation of documents.
International Rule guiding documentary Letter of Credit is ICC UCP600
Benefits:
- Safely Expand your business scope internationally.
- Effective payment Solution.
- Time management that brings efficiency.
- Cash Flow Management for both buyer and seller.
- FX management guide for better planning.
- FCY proceeds generation for Local Exporter.
- Export Proceeds management for Local Exporter.
- Means of Expanding income generation.
FOR IMPORT LC:
- Approved Forms M(Supported By Required Document)
- LC Application Form
- Applicant Credit Worthiness Would Be Considered.
- All Regulatory Conditions Must Be Fully Complied With.
FOR EXPORT LC:
- Approved NXP(Supported By Required Document).
- Export Proceeds Account.
- Inward LC.
- All Regulatory Conditions Must Be Fully Complied With.
Kindly note that terms and conditions apply.