Export letter of credit
Export Letter of Credit is the most secure option for exporters, assuring that they will receive payment under irrevocable undertaking of the LC issuing bank, when shipment documents meet L/C terms and conditions.
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If your company wish to export your products to the foreign country therefore expand your business we Golomt bank offer you the export letter of credit to secure your payment.
Press here to apply request to open export letter of credit.
Key benefits for the exporte
- LOWER THE TRADE RISK: Easier if you are dealing with new market. By issuing a L/C, the Issuing bank ensures irrevocable undertaking of payment to Exporter, whether the buyer fails to pay
- FUNDING SOLUTIONS: Exporter can be funded with our bank or other financial institutions’ pre-shipment financing options
L/C payments are available
- By payment (at sight payment)
- By deferred payment
- By negotiation
- By acceptance
- By mixed payment
Export L/C scheme
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Export L/C charges and fees
- Advising a L/C – 30 USD
- Checking documents and dispatch for claiming payment – 0.15% (75 USD – 350 USD)
Additional service charges /requested by customer/
- Amendment- 10 USD
- Cancellation – 50 USD
- SWIFT Inquiry – 25 USD
- Courier charge of dispatching documents – as per DHL charge
Remark: Other charges and commissions required by international banks will be collected from Applicant as per L/C terms and conditions.
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