If you receive an order from abroad, it is particularly important for you to avoid payment risks. The most common instrument used in these cases is the documentary letter of credit.

If the letter of credit is part of the terms of payment, the customer pays the amount to his bank and tells them which documents you have to submit before the bank can release the amount. The issuing bank then notifies its credit institution of the terms of the letter of credit, combined with the guarantee that it will pay out the amount of the letter of credit if the conditions are met. The notified bank will now confirm receipt of the message and guarantee that the amount will be paid out if all payment conditions are met.

We take care of the required creation of documents and correspondence with those involved in the letter of credit, thus guaranteeing you convenient and secure processing of your letter of credit transactions.