LETTER OF CREDIT


Letter of Credit Process

We can assist you in your trade deal by providing the Documentary Letter of Credit –
DLC MT700 on behalf of your company from European Banks to conclude imports and exports.

Follow the simple LC Issuance process to open LC MT700 at ZERO Cash Margin:

  1. The client submits their LC or DLC request with the signed proforma invoice or contract of their trade deal.
    Also, they inform the amount and the tenure of their required LC.
  2. We examine the trade details and inform the client about the approval or rejection of their LC request.
  3. Once approved, we will send a service agreement to the client.
    And also, inform them about the service charges to begin their LC transaction.
  4. Once we signed the agreement and received the service charges, we will start work on their transaction.
    We will block our bank limit; then, we will provide the MT700 draft for their review and approval.
  5. After receiving the documents, draft approval, and LC issuance fee, we will request our bank to issue the required MT700.
    We assure you that it will not take more than 2 banking days to conclude the deal.
Click here for More info..

 

 

00+

Engineer

00+

Ongoing Project

00+

Acquired Title

00+

Completed Project