Capital Solutions

Letters of Credit (LC)

Your bridge to global trade.

What You Get

Key Features & Benefits

A Letter of Credit is a guarantee from the bank to a seller that they will receive payment if certain delivery conditions are met. Minimize risks in international transactions with our internationally recognized trade solutions.

  • Guaranteed payment upon meeting delivery conditions
  • Reduces risk in international transactions
  • Internationally recognized trade solution
  • Supports import and export transactions
  • Available in major currencies
  • Expert trade finance advisory team

Account Opening

Required Documents

  1. 1 Trade contract or purchase agreement
  2. 2 Import/export license (if applicable)
  3. 3 Business registration documents
  4. 4 Financial statements
  5. 5 Valid ID of directors
  6. 6 Collateral documentation

Visit any branch or call +25722211777

Speak to a Specialist

Ready to open this account?

Our business banking team is ready to help you get started at any BFB branch.