Letters of Credit

Letters of Credit are a secure method of obtaining payment

That said, they are abused and widely misunderstood.

They are avoided by many, used incorrectly by others and cost businesses a lot of money because Finance directors don’t understand them. Employees make them a ‘black art’ which they aren’t. They are governed by rules and the ability to pay is removed from the buyer and sits with the bank.

At Exporter Services, we understand the costs and the implications of the errors so we take the problem away. We prepare and present documentation in line with the Letter of Credit leaving you free to move on to the next shipment. The funds will appear in the beneficiaries bank account in accordance with L/C payment terms.

Problem solved!

Other Services

Dangerous Goods Support

Shipping Dangerous Goods by AirIf you want to ship hazardous goods by air you will need to adhere to the IATA Dangerous Goods Regulations, a strict set of guidelines set in place to ensure hazardous g...

Find out more

Training Services

Training ServicesOur training services are supplied to 13 Chambers of Commerce and the Institute of Export and International Trade. We also provide bespoke training for individual companies, and can ...

Find out more