Category: International Bank

• Reduces the risks of international trade across the different countries
• Lower cost 
• Allows the importer to avoid the advance payment or reduce the amount of advance payment (improving cash flow)
• To conduct the business in accordance with its plan while controlling all trade processes including the loading and transportation of goods
• Assure importer’s credibility to the exporter side
• The exporter can get payment as soon as the goods are shipped while the importer can pay after receiving the goods
• The Importer can refuse to pay when required documents under the Letter of Credit are not in comply with the terms and conditions.

• Reduce the risks of international trade across different countries

• Lower cost 

• The exporter will be able to secure payment of the goods by providing the documents that meet the terms and conditions as specified in the letter of credit.
• Reduces production risk, if the importer terminates or changes their order
• The exporter can obtain pre-financing from the bank after the goods are shipped until they receive payment (subject to post-payment terms) from the importer 
•  The definite payment date allows the exporter to manage its cash flow effectively
• Upon presentation of documents that comply with the terms of condition under the LC,  the importer will not be able to refuse the payment of the underlying goods

We are keen to work together to provide you with valuable financial advice and bring your business to international business standards. We will work with you from the time that you sign a trade agreement until receive your goods as an importer and/or and receive payment for the goods as you sell your goods as an exporter.