We provide our clients that have agreed to accept payment by letter of credit with a complete service, that we will review and provide guidance on letters of credit and how to avoid many of the costly pitfalls and submission of the banking documents as per the letter of credit. Letters of credit is a great way to expand your international business and still provide U.S. exporters with timely payments.
Many countries have very restrictive monetary policies and letters of credit are a required way of selling your goods in those markets. They are sometimes costly, but if used correctly they can expand your abilities to open and sell your products in certain markets along with reduce and eliminate the risk of non-payment. We ask our clients to contact us at the application stage and send us copies as the letter of credit is opened. We advise and work with our clients so the documents conform to the credit. We then assemble, prepare the draft and submit the documents for presentation to the bank if our clients require this service. If you need any help or have any questions CONTACT US.