Letters of Credit help facilitate your domestic and international trade if you’re buying supplies locally or overseas. It helps you buy goods on credit and by specifying proper documents you can ensure the quality of the goods, mode of transport, proper packaging, and the time and place of delivery.
- Types: Sight and Usance Letters of Credit, and Standby Letters of Credit.
- Tenor: Up to 180 Days
- Terms & Conditions: Can Vary.