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International Trade
Guarantee payment for your exports
A fully managed Letter of Credit service
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Getting paid on time and securely is the most important financial consideration when trading internationally. A Letter of Credit will ensure that you avoid problems when receiving payments. What is a Letter of Credit?
A Letter of Credit is a guarantee issued by a bank assuring payment for goods. The Letter of Credit will have strict terms specifying the amount of money to be paid, time frame and documentation required. How can we help?
Over 75% of exporters who do their own Letters of Credit do not get paid due to incorrect paperwork. Hampshire Chamber of Commerce has partnered up with Business West to offer this service to companies in Hampshire. Business West has a reputation for getting it right first time and by using this service you will: ¾ Save time and money. ¾ Secure payments for goods exported. ¾ Avoid bad debts. ¾ Enhance your reputation for efficiency and reliability. ¾ Increase your profitability. What does the Letter of Credit service include?
¾ Advice on Letter of Credit terms. ¾ Assurance that all Letter of Credit terms are met. ¾ Preparation of all shipment documents. ¾ Full visibility of documents online. ¾ Liaison with freight forwarders, shipping companies, inspection agents etc. ¾ Compliance check for third party documents. ¾ Advice on Incoterms® 2020. ¾ Strong relationships with all major UK banks. ¾ Presentation of all documentation to the bank within agreed deadlines. How to get started
To speak to one of the expert trade advisers about how they can help your business with Letters of Credit please contact the International Trade team at Hampshire Chamber of Commerce on 01329 242420 option 3.
2022 Training
February 2022
3rd Import Procedures
March 2022
8th Export Documentation
April 2022
Processing
7th Incoterms Rules
21st Understanding Export
For further information please visit: www.hampshirechamber.co.uk/ training/
2022 Events
March 2022
10th Doing Business in the USA Hampshire Chamber of Commerce is pleased to deliver this webinar with a Q&A session in partnership with Blue Link Worldwide, Inc on Thursday 10th March 2022.
