Capitaltech Finserve Services
Capitaltech Finserve Services
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  • Loans
    • Business Loan
    • Overdraft and CashCredit
    • Loan Against Property
    • Bank Guarantee
    • Letter of Credit
    • Supply Chain Finance
    • Documentation
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  • More
    • Home
    • About Us
    • Loans
      • Business Loan
      • Overdraft and CashCredit
      • Loan Against Property
      • Bank Guarantee
      • Letter of Credit
      • Supply Chain Finance
      • Documentation
    • Contact
    • Blogs
  • Home
  • About Us
  • Loans
    • Business Loan
    • Overdraft and CashCredit
    • Loan Against Property
    • Bank Guarantee
    • Letter of Credit
    • Supply Chain Finance
    • Documentation
  • Contact
  • Blogs

Letter of Credit (LC)

Expand your trade globally and domestically with absolute confidence. A Letter of Credit guarantees that a seller will receive payment on time and for the correct amount, provided they meet the agreed-upon terms and conditions, making trade safer for both buyers and sellers.


Used in:

  • Domestic trade
  • Import/export


Process:

  • Buyer requests LC from bank
  • Bank assures seller
  • Seller ships goods
  • Payment released on documents


Types:

  • Sight LC (immediate payment)
  • Usance LC (delayed payment)


Ideal for: Importers, exporters, traders, distributors.


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