Letter of Credit

What is
Letter of Credit

A Letter of Credit is a letter issued by the bank guaranteeing that the seller will receive the buyer’s payment on time with the correct amount. The buyer establishes credit with the bank, and in cases where the buyer is unable to make the payment, the bank will cover the total or remaining amount. 

More Questions? or Let’s just connect!

Thank you! We will get back to you soon
Oops! Something went wrong while submitting the form.