A Letter of Credit helps importers and exporters conduct trade with confidence by ensuring secure and timely payments backed by banks.
A Letter of Credit (LC) is a bank-issued financial instrument that guarantees payment to the seller on behalf of the buyer, provided that all agreed terms and conditions of the trade are met. It plays a crucial role in international and domestic trade by reducing payment and delivery risks for both parties.
At Global Trade Fincorp, we assist businesses in structuring and coordinating Letters of Credit that support smooth, secure, and compliant trade transactions.
We believe in honest communication and clear processes at every stage of the transaction.
Cannot be modified without consent of all parties
Ensures exporters receive payment upon fulfilling trade terms
Adds an extra layer of payment security
