To keep your trading partners at ease, it might be necessary to guarantee that your payment will arrive on time and for the agreed amount. Our Secured Outward Letter of Credit guarantees precisely that.
There are various ways to secure your Letter of Credit, including:
If you have enough cash in hand, you can easily use it to secure your Letter of Credit.
If your assets are enough to secure your Letter of Credit, so why not use them?
This is necessary in Trade Finance since FCB is rarely in the same clearing zone as the other bank.
This is a trade service we offer just for you, to handle the processing of payments and documents to sellers on your behalf. Let us handle the complicated stuff so you can focus on growing your business.
Our Inward Letter of Credit is here to give you peace of mind if you need assurance of payment for your local exports or sales.