Trade finance solutions for your business

Benefits of import letters of credit

Make overseas transactions simpler – let us receive import documents and facilitate collection of the proceeds. Get the added security and control you need when buying from an overseas seller with an import letter of credit.

• A stronger trading status, which helps your credit rating
• More negotiating power when it comes to the credit period or pricing
• A higher level of security for both yourself and the seller
• A safer means of payment
• Deferred payment terms can serve as a form of credit
• Trade finance transactions can be conducted in convertible currencies in any country worldwide
• You will need to write a formal letter detailing your request to open a letter of credit and how it will be funded

Benefits of export letters of credit

Let us help secure your transactions and improve your cash flow by receiving export letters of credit on your behalf. Once we receive a letter of credit from your buyer’s bank and you meet the conditions of the letter, you will be paid out for the goods.  

• Receive payment in a secure and fast way
• Manage your cash flow better with a known payment date, currency and amount
• Strengthen your trading relationship by offering better credit terms to overseas buyers
• Export letters of credit are advised within 24 to 48 hours of receipt.
• You must meet the terms of the letter of credit and submit all required documents before you can receive payment
• Bank confirmation can be added upon request
  • Takes away the risk of default by the buyer, bank and country risk
  • Gives you access to finance solutions both before and after actual shipment has taken place