A Back-to-Back Letter of Credit (LC) is a financial tool used in international trade to facilitate transactions involving a middleman.

It involves two LCs: one from the buyer's bank to the intermediary and another from the intermediary's bank to the supplier.

This ensures the supplier is paid upon shipping goods and the buyer pays upon receiving them, making transactions smoother and more secure.

At Financely Group, we specialize in issuing Back-to-Back LCs, simplifying the process for all parties involved. Our service includes a flat origination fee of US$65,000 and a 2% fee of the LC amount, designed to cover the comprehensive facilitation of these transactions.

Our Term Sheet Includes:

• Origination Fee: US$65,000, payable once for the issuance of the Back-to-Back LC.
• Service Fee: 2% of the LC amount, covering the facilitation service.
• Covenants: Parties must follow the agreed LC terms.
• Any term changes require consent from all parties, including Financely Group.
• Security Agreements: The traded goods act as collateral until the transaction concludes.
• Both buyer's and supplier's obligations are secured by their respective LCs.

Our service is designed to make international trade transactions secure and straightforward for our clients. If you're looking to navigate the complexities of global trade with ease, Financely Group is here to help.

For more information on how we can assist with your next transaction using Back-to-Back LCs, please book a consultation or request a quote.

Let's make your global trade transactions efficient and secure.