Through an outward letter of credit, payment is made on behalf of our clients in return for shipping documents which represent the goods shipped and/or services provided. Our clients are assured that they will only be debited with the value of the shipment or the services, provided that the Exporter\Beneficiary complies with the Letter of Credit Terms and Conditions.
The Importer is able to conserve capital as they do not have to pay cash in advance and will have the ability to do business abroad and negotiate better prices.