Trade Finance
Letter of Credit
Letter of Credit is a payment mechanism in International Trade
The seller is assured of getting payment
LC is opened for customer doing export – import business
Services such as LC advising, confirming, reimbursing etc. provided
Collection of Bills under LC and outside LC
Negotiation and discounting of Bills under LC.
Simple and speedy procedures and competent handling of customer transaction under LC.
Bank has full fledged LC Department to handle the requirement of the customer and provide him with best service at competitive terms