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  • Import L/C Issuance

    2021-10-19 14:39:11

    Import L/C Issuance is the type of service which KBank undertakes to pay for goods or services per the request of applicant or importer by issuing L/C to the exporter via the exporter's advising bank in Oversea Countries. KBank will pay the exporter if the presented documents comply with all terms and conditions specified in the L/C, and are in compliance with the rules and regulations of the International Chamber of Commerce (ICC).


    The key benefit to both importer and exporter is to reduce the risks and uncertainties associated with commercial transactions and facilitating trade for both trade counterparty. On one hand, Import L/C Issuance is guarantee and secure to the exporter on the payment of the goods. Whereas the importer is also secure will receive the goods as per its order.