Using iBank streamlines exporting Letters of Credit by several days, allowing you to reduce liquidity management while turning around receivables faster. We offer a variety of products including instrument leasing. Contact us today to begin the process.
We can arrange the issuance of an Irrevocable Letter of Credit ("LOC") from a private capital firm to assist in your company's asset building efforts. This is accomplished by issuing the LOC with your company as the beneficiary so that it can be utilized for any internal purpose or transactional requirements applicable to your company's activities.
•Available from $3 million to $500 million
•Issued with your company as beneficiary
•Available with 15-day to 1 year terms
•SWIFT MT999/MT799 issuance confirmation
•Hard copy delivery with Telex notification
•Rates ranging from 0.2% to 1.25% per month
We can arrange the issuance of a Letter of Credit ("LOC") from a various A Rated banks . These LOC's are backed by their $5 billion USD fund.
•Available from $250,000 to $100 million
•Issued to your transactional partner
•90, 180 and 360 day terms
•SWIFT MT799 / MT760 delivery
•Stand-by or Documentary LOC
•Rates ranging from 5.0% to 9.5%
LETTER OF CREDIT
LETTERS OF CREDIT FOR ASSET BUILDING
LETTERS OF CREDIT FOR COMMODITIES TRADES / PROJECT FACILITATION
Copyright 2014 iBank-Global. All rights reserved.