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What is Letter of Credit? A Letter of Credit is a written undertaking issued by a bank to
give the payment assurance to the supplier on behalf of the buyer. LC MT700 assures the supplier that the buyer will make the payment, once the goods are shipped to the destination port and the documents are submitted to the buyer’s bank as per the terms stated in the issued Letter of Credit.
When to Use Letter of Credit? Are you going to deal with international suppliers for the importation of bulk commodities? Are you skeptical to deal with unknown suppliers because of trust issues?
Are you facing lack of cash funds to conclude your trade deals on time?
Using Letter of Credit as your Payment Term will be the right solution for all your queries!
How to Apply for Letter of Credit To Know the Step-By-Step Process to Apply for a Letter of Credit from European Bank Accounts, Watch the Below Video
Why to Get LC MT700 from Us?
Direct issuance from European Banks 30+ years of experience in assisting needy traders with their trade finance needs
Fast issuance, simple procedures and less Paperworks Letter of Credit issuance in just 2 days
No Cash Margin & No Collateral & Min. Service Charges!
Our Successful LC Issuance
LC Issued on behalf of a Sudan Buyer to import Toyota Hilux Pickups from Dubai –Read Now! LC Issued on behalf of a Dubai Buyer to import Copper Millberry Scraps from India – Read Now!
LC Issued on behalf of a Japan Trader to import High Grades of Bitumen from Dubai – Read Now!
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Apply for LC at Sight & Get It Issued in Just 2 days!