Letter of Credit Issuance
Our bank issues a letter of credit on the customers' request as a conditional payment commitment to the suppliers and will conduct a detailed examination of the documents submitted by the beneficiary for the customers to safeguard customers' rights and interests. Relying on the solid strength and good international reputation of Bank of Communications, letter of credit issued by Bank of Communications can be recognized by banks around the world.
Features and Advantages:
- With our dedicated bills team and the worldwide network of Bank of Communications, we can provide comprehensive, suitable and professional services tailored to our clients' needs in international trade transactions.
- Experienced bills team can help clients on the letters of credit / collection and other professional issues, to help resolve disputes on the bills, providing customers with reliable and flexible trade related services.
- By import and export trade financing, our bank helps importers improve the cash flow of and maintain the smooth operation of supply chain, and allows export enterprises to smoothly use the payment of goods received in the earliest possible time and at the same time transfer the risk on receipt and payment of funds.