Letters of Credit

Facilitating commercial activities and reducing risks

Features

Easy and facilitated repayment schemes

Quick and accurate implementation procedures

Competitive commission rates

  • Free inquiries
  • Two commercial service centers available to facilitate customer transactions.
  • A wide network of correspondents around the world.
  • Implementation of the latest rules issued by the International Chamber of Commerce.
  • The bank funds trade in accordance with the IFC financing principles

FAQs

Letters of Credit are issued in all currencies.

All currencies

  • The customer provides the necessary information for the Letters of Credit Section and issues a draft of conditions.

  • The customer’s credit status is reviewed, based on the policy.

  • After General Management approves the customer’s request, the Letter of Credit is issued and the foreign exporter is informed. 

Depending on the countries you wish to import from.