Letter of Credit Guide - Features, Importance & When To Use It A Letter of Credit or “Payment Credit Letter” is a legal document issued from a bank, guaranteeing that the seller will receive their payment on-time from the buyer for their delivered services with the said amount. In the event, if the buyer is not capable of making the payment or performing the terms & conditions of the agreement on-time, then, the issuing bank will be responsible to cover the full or remaining amount from the importer. Read more:- https://www.emeriobanque.com/blogs/letter-of-credit-guide-features-importance-when-to-use-it

International Letter of Credit Services A letter of credit is one of the most secure and safe financial tools to mitigate your payment risks in international trade & transactions. We at Emerio Banque offer all kinds of letter of credit services to the global importers/exporters. Types Of Bank Letter Of Credits Served by Emerio Banque 1. Revocable and Irrevocable LC 2. Confirmed and Unconfirmed LOC 3. Transferable and Un-transferable LC 4. Deferred or Usance LC 5. Red Clause LOC 6. Commercial LC 7. Standby Letter Of Credit 8. Back-to-Back LC etc. Whether you are an importer or an exporter, A letter of credit can help both. It not only provides secured payment guarantee to the exporters but also helps the importer in availing short-term working capital for his business. Are you in the Import/Export business and looking for trade financial instruments? Let us tell your bank credit letter requirement and we will help you with our years of experience in import/export financing. Read more:- https://www.emeriobanque.com/corporate/trade-finance/letters-of-credit