International Trade Product/ Import Solution

Import L/C
 
Import L/C
Import Collection
 
Import Collection

Import L/C



  • Main Features:
    1. To improve the bargaining position: Issuance of L/C means to provide the conditional payment promise to the exporter other than commercial credit, enhance the importer’s credibility, by which the importer may obtain the reasonable price of goods;
    2. Payment security: Bank credit substitutes commercial credit, resulting in enhancement of counterparty’s confidence;
    3. To reduce fund tied-up: For importer that issues L/C based on the credit facility, it may reduce use of its own fund.
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