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Import L/C’s

Import Letters of Credit

Issuance
For customers with pre-approved facilities and using our network of correspondent banking relationships, we issue letters of credit on behalf of customers to suppliers located throughout the world for the purchase of goods and/or services.

L/C Terms
Customers/Importers will often require goods within a certain time frame and the documents to evidence that shipment has taken place. A letter of credit allows customers the opportunity to dictate terms in specifying a latest shipment date, documents required and expiry date for presentation of documents. The letter of credit is also limited to value.

Deferred Payment Terms
LC’s may be issued on deferred payment terms (if agreed with your supplier) allowing our customer time to sell the goods before having to make payment under the LC.



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Frankfurt Branch
Operating as a branch of Bank of Beirut (UK) Ltd, Frankfurt office is the only branch of a Lebanese –owned bank in Germany; It holds a full banking license granted by the PRA and FCA in UK and the BaFin in Germany.

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