Letter of Credit (LC)

Letter of Credit facilitates payment for commodity or service fee and allows to perform the international operations in an erfective manner.

Letter of Credit is the written liability issued by the bank under the order of buyer to pay the certain amount for commodity or service to the vendor against the submittal of the document stipulated by the terms and conditions of the LC.  

Letter of Credit is used for both parties – exporter(vendor) and importer (buyer). 

Application Form

Security Code