Export LC's
As an exporter, a letter of credit will remove your risk on the buyer , but issues of timing and payment in a desired currency remain. Commercial Bank's confirmation eliminates your exchange and cross border political risks and reduces your collection float by additionally ensuring payment when terms of shipment are complied with. If desired, we may also offer discounting pre-payment. Our experience of the importer's market enables us to price the risk we assume fairly, based on our knowledge of local conditions.
