Letter-of-Credit
Letter-of-Credit (L/C) is a written undertaking issued by a Bank on behalf of the Importer, to the Exporter. The L/C is a guarantee of payment by the issuing bank to the Exporter, on behalf of the Importer.
The Exporter needs to prove its delivery by presenting all shipping documents required, according to the Terms & Conditions stipulated in the L/C. The exporter will then obtain its payment from the issuing bank.
What benefits can you enjoy?
- At Standard Chartered Bank, our expertise in trade and risk management guarantees top-quality service for your global business.
- With our L/C, your suppliers will be comfortable in delivering your order soonest possible.
- Without the need of pre-payment to your suppliers, you can better manage your funds, and get better returns for your money, and at the same time, bring your business to a higher level faster.
- Our extensive and efficient processes ensure a fast turnaround time, so that your suppliers can even receive your L/C on the same day you apply for it.
Note: Chartered Bank (China) Limited ("the Bank") reserves the right to alter any contents herein pursuant to its sole discretion at any time without any prior notice or reason, and the decision of the Bank shall be final and conclusive.
We look forward to serving you£¡
For more information, simply call our SME Banking Customer Hotline at 800 988 0018 (telephone), 400 888 8393 (mobile phone) (0830-1800, Monday to Friday)
or click Appointment to leave your information. Our relationship manager will contact as soon as possible.
If you are located in Hong Kong, Macau, Taiwan or overseas area, please dial: (86-755) 2589 0833 (charged).