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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.

Import 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.

Export letters of credit

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

Letter of Credit
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