Bank Introductions For Letter Of Credit Issuance
Bank Introductions For Letter Of Credit Issuance
- New LC lines or line increases
- Country or issuer risk workarounds
- Cash margin or collateral structures
- MT700 UCP 600 documentary credits
- Usance, UPAS, transferable, revolving
- ISP98 standbys for performance or payment
- Post-revenue importers and EPCs
- Audited or review-level financials
- Clean KYC and sanctions status
Check Your LC Issuance Path And Fees
Answer a few questions. We estimate the issuance path, bank tier, and an indicative fee band, then list what to prepare.
What We Do
We build a bank-ready file and introduce you to decision makers who issue LCs. That includes financial packaging, LC wording aligned to the sales contract, a clear repayment picture for usance, and a collateral plan if required. We coordinate meetings, manage Q&A, negotiate fees and charges, then drive MT700 issuance with advising and, if needed, confirmation.
- Financials, trade flow, and cash cycle
- LC wording draft, Incoterms, and tolerances
- Collateral or cash margin options
- Local, regional, or international banks
- Issuer appetite check and meeting set
- Shortlist with fee quotes
- MT700 issue, MT707 amendments
- Advising, confirmation, reimbursement
- Presentation support and settlement map
When To Add Confirmation
Add confirmation when issuer or country risk is outside your policy, when receivable discounting is planned, or when contract penalties make payment certainty non-negotiable. We place confirmation or silent confirmation with OECD banks and reconcile charges in the LC fields.
How The Introduction And Issuance Run
- Intake. Contract, trade flow, amounts, tenor, currency, and counterparties.
- Packaging. Financials, LC wording draft, repayment or margin plan.
- Bank Shortlist. Target 3 to 5 banks by appetite and geography.
- Meetings & Q&A. Credit, operations, and trade sales aligned.
- Terming. Fees, charges, collateral, and covenants agreed.
- Issuance. MT700 sent, advising and confirmation placed, settlement tracked.
What You Receive
- Bank-ready LC wording and file
- Issuer shortlist with fee bands and timelines
- Meeting notes, action items, and document list
- Final LC field schedule and reimbursement path
- Weekly status until funds are credited
FAQ
Ready For Bank Introductions
Send your draft contract, last audited financials, and target LC terms. We will propose the bank route and fees.
Request A Term SheetCorporate services only. Nothing here is a commitment to lend or to issue an LC. All services are subject to KYC, AML, sanctions, and bank approvals. Terms and bank lists may change without notice.
Get Started With Us
Submit Your Deal & Receive a Proposal Within 1-3 Working Days
Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.
All submissions are
promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.
Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.
Trade Finance
Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.
Submit a RequestProject Finance
Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.
Submit a RequestAcquisitions
Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.
Submit a RequestFor Banks
Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.
Submit a RequestOnce we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.
Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.
