| Letter
of Credit and
Standby Letter of
Credit |
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1. |
Generic
trade: |
2. |
Transactional
trade: |
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|
LC
Issuance;
LC Advising;
LC Transfer;
LC Negotiation;
Collection;
Trust Receipt Loan.
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|
Issuance
of Back-to-Back LC
Forfeiting;
LC Discounting
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|
We
issue a LC to your
supplier upon a
deposit, and a
service fee.
Before the shipment
arrives at the
destination, or your
warehouse, you are
required to settle
in full, plus
interest and
charges. |
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| Advantages
of our services |
| |
You
don’t need to
worry your own
credit in bank, to
be frozen for one
deal, when the
production-lead time
is long, about 60
days to 80 days, or
even loner.
You can process the
order negotiation
with supplier, when
you don’t have
sufficient fund or
credit facilities
with your banker
at
this moment.
You can better plan
for the order
schedule, when you
have a bottleneck in
cash flow. |
| |
| With
over 10-years
contacts with our
bankers, we can
arrange LC of amount
from US$500,000.00
to USD 2 millions
every deal. |
| |
| Why
we can do |
| This
is simply a
“buy-time” or a
“bridge-facility”
arrangement.
In case, you fail to
settle the invoice
amount of the
specified shipment
in full at time we
request, the
shipment will be
forfeited to cover
part of the loss
incurred and
expenses related. |
| |
| You
start by |
| Let
us have some info
about your
transaction, we can
tailor make the
service for you. |
| |
| Besides,
we can arrange
standby letter of
credit to enhance
your credit with
your bankers. |
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