When dealing with overseas suppliers, especially unfamiliar ones, there are no guarantees. Our expertise gives us a leading edge in creating solutions covering your risks to give you complete financial security.
The benefits of the import letter of credit:
- Control & Security - Payment is made only against the documents you specify. Our letters of credit are always irrevocable and cannot be amended or cancelled without the consent of all parties involved in the transaction.
- The advantage of experience - Our extensive experience puts us in a position to guide you on which documents to ask for and on wording the terms.
- Enhance your bargaining position - Negotiate longer credit periods and reduce costs with your suppliers by using the significant benefits that they gain as the basis for your negotiations.
- Improve your competitive status - Display your financial credibility and enhance your competitive position, particularly with suppliers who insist on payment by letter of credit.
