Importing and exporting involves risks. Exporters run the risk of buyers failing to pay for goods, while importers may risk paying but never receiving anything. Save time, reduce risk, avoid errors and accelerate payment by using our trusted letters of credit service. It is the most secure means of getting paid in international transactions.
Using a letter of credit can offer a guarantee to the seller that they will be paid and the buyer can be sure that no payment will be made until they receive the goods.
We offer a Letter of Credit service on two levels:
- Review of Letter of Credit to ensure terms and conditions can be met prior to acceptance
- Check Letter of Credit and produce a report to assist with completion of documentation and carry out documentation check prior to presentation