• Letter of Credit
    Letter of Credit
    Letter of Credit

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Handles thousands of commercial transactions

Letter of Credit

Letters of credit are commitments to pay suppliers on behalf of buyers. To issue a letter of credit, you need to meet our application requirements

We can issue letters of credit for issuance, advising, confirmation, negotiation and collection.

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  • Import letters of credit
  • Export letters of credit

We issue these on behalf of buyers guaranteeing payments to overseas exporters. To approve an import letter of credit, you’ll need to have a suitable credit limit.

We advise beneficiaries letters of credit received by us from another bank, either directly or through their bankers.

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