Letter Of Credit

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LETTER OF CREDIT

Letter Of Credit : A Non Fund based Credit Facility. A Letter from a Bank guaranteeing that a buyers payment to a seller will be received on Time and for the Correct Amount.

Usance Letter Of Credit : A specific Letter Of Credit that allows a predetermined credit period to the buyer i.e. the Importer.

Features & Benefits :

• Currency can be Indian & Foreign

• No Vintage required ( Age of the Firm can be Less than 1 Year)

• No Collateral required

• Quick Process

Documents :

• Filled in Application Form

• Proforma Invoice

• Trade Licence Of your Company (in English)

• Share Holders List ( in English)

• Passport Copy of Main Applicant

• Six Months Current Account Bank Statement