Universal Credit Bank Limited - Import and Export LC

In dealing with import and export businesses, whether your firm is buying or selling from local suppliers or international within the United States, International Finance Bank, facilitates your trade transactions domestically or internationally by making available to you a vast number of services to make your corporation’s work flow more effective and efficient.

Letter of Credit

Provide you the best option of payment and document protection whether you are importing or exporting goods. International Finance Bank will make certain that the negotiation of documents take against the seller’s strict compliance of the credit terms and conditions.

Standby Letter of Credit

With the Standby Letter of Credit, International Finance Bank can provide guarantee or assurance of payment to a supplier abroad for contractual obligations undertaken by our customers as part of a trade negotiation. The Standby Letter of Credit is an excellent way for insuring payment to foreign while offering flexibility for numerous purchasing arrangements such as:

- Covering performance or non-performance
- Single or repetitive commercial transactions
- Contract bidding

Discounting of Banking Acceptances

By the discounting of Bankers’ acceptances, International Finance Bank is able to provide term financing for transactions in the international trade market. Trade acceptances can be discounted from a letter of credit issued or confirmed by International Finance Bank. You can benefit from the financing terms and the supplier can get paid earlier.

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