Export Letter of Credit is being issued in your favour in your capacity as our client. This is an irrevocable commitment of the bank of the buyer for payment of an agreed sum upon provision of commodity disposal documents, under determined terms, conditions and deadlines.
Through discounting of receivables under an export L/C we enable you to:
Useful documents
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The Import Letter of Credit is an irrevocable commitment of UBB for payment of pre-agreed amounts to your supplier upon presentation of credit comfort documents.