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Assurance to suppliers
Provides assurance of payment to your supplier.
Better price negotiations
With Letter of Credit, you are able to negotiate better pricing with your supplier.
Protect your interests
You can determine the documents that are required to protect your interests and payment will only be made to your supplier upon presentation of required documents.
We, as the issuing bank, will only honour the Letter of Credit when your exporter or seller presents compliant documents, subject to prevailing sanctions and regulatory requirements.