Issuance and Processing of Letters of Credit – At Keren Finance, we offer structured trade finance solutions to SMEs worldwide, including the issuance and processing of letters of credit. Letters of credit provide you with the assurance of #payment for your goods and services from your clients.
We will #helpyou select the most suitable type of letter of credit to meet your needs.
The process of issuing a letter of credit starts with the negotiation of terms between the buyer and seller.
The buyer then requests their bank to issue a letter of credit in favor of the seller.
The buyer’s bank, which issues the letter of credit, acts as the guarantor of payment and agrees to pay the seller for their goods and services upon fulfilling all the conditions stipulated in the letter of credit.
The seller can use the letter of credit to secure payment for their shipments and protect their interests in case the buyer fails to fulfill their obligations under the contract.
This enhances the level of trust between buyer and seller and reduces the risk of financial losses.
At Keren Finance, we offer a wide range of services for the issuance and processing of letters of credit suitable for various types of businesses and industries.
We will help you choose the most suitable type of letter of credit for your specific needs, taking into account the unique features of your business and your partner’s requirements.
Our experienced specialists will conduct a detailed analysis of your needs and propose the best option for your business.
We also provide consulting and support at all stages of the issuance and processing of letters of credit, ensuring the successful fulfillment of all contract conditions and making the process as easy as possible for our clients.
Contact us today for more information on our services for the issuance and processing of letters of credit and start working with our company.
We are ready to help you protect your interests and ensure the stability of your business!