Documentary Letter of Credit (MT700 DLC) Fast Issuance


We provide Documentary Letters of Credit (MT700 DLC) to businesses needing reliable trade payment solutions. Backed by trusted banks, our services ensure secure, fast, and flexible trade financing for companies worldwide.

Indicative Documentary Letter of Credit Term Sheet
Non-binding commercial summary for trade finance review and quote preparation
Parameter Indicative Terms
Instrument Documentary Letter of Credit issued in support of an eligible import, export, commodity, vehicle, equipment, or goods-based trade transaction.
Applicable Rules UCP 600, where incorporated into the credit. ISP98 may apply only where the instrument is structured as a standby letter of credit rather than a documentary commercial credit.
Applicant Corporate buyer, importer, trader, distributor, project SPV, or operating company with a defined underlying trade transaction and acceptable KYC documentation.
Beneficiary Supplier, exporter, manufacturer, seller, commodity counterparty, or trade beneficiary requiring conditional bank-backed payment support.
Purpose To support payment security, shipment execution, supplier comfort, and document-based settlement under a qualifying international trade transaction.
LC Face Value
  • Indicative minimum: USD 100,000 or equivalent.
  • Typical range: USD 250,000 to USD 10,000,000.
  • Larger transactions reviewed case by case based on applicant profile, collateral, provider appetite, and transaction quality.
Tenor
  • Sight LC, deferred payment LC, or usance LC depending on the trade cycle.
  • Typical tenor: 30 to 180 days.
  • Tenors up to 360 days may be considered for qualifying transactions.
Financely Fees Financely advisory, structuring, review, and quote-routing fees are quoted case by case after reviewing the transaction size, document quality, counterparty profile, jurisdiction, collateral position, and required provider workstream. Applicants should request a quote for transaction-specific terms.
Bank / Provider Charges Issuance fees, confirmation fees, advising fees, amendment fees, SWIFT charges, collateral charges, and other bank or provider costs may apply. These are typically flat or percentage-based service fees and are quoted separately by the relevant issuing bank, confirming bank, correspondent bank, or trade finance provider.
Interest Treatment Documentary Letters of Credit generally do not incur interest on their own because they operate as a conditional payment undertaking rather than a direct loan. Interest may apply if the applicant requires financing, if a funded import loan or trust receipt facility is attached, or if the credit includes deferred payment terms that create a financing component.
Issuing Bank / Provider To be confirmed after file review. Financely may route qualifying requests to suitable banks, non-bank trade finance providers, specialist LC providers, or correspondent banking channels based on transaction fit.
Security / Collateral
  • Cash margin, blocked deposit, eligible collateral, parent guarantee, corporate guarantee, or other security may be required.
  • Collateral requirements depend on applicant strength, provider appetite, tenor, transaction type, and LC amount.
  • No collateral structure is final until reviewed and approved by the relevant provider.
Required Documents
  • Company registration documents and corporate KYC.
  • Applicant financials or bank statements, where required.
  • Proforma invoice, sales contract, purchase order, or trade agreement.
  • Buyer, seller, goods, Incoterms, shipment route, and document presentation requirements.
  • Collateral details, if applicable.
Conditions Precedent
  • Completed KYC and compliance review.
  • Verification of the underlying trade transaction.
  • Provider approval of applicant, beneficiary, goods, route, and jurisdictions.
  • Agreement on LC wording, document requirements, collateral, and bank/provider charges.
  • Execution of final provider documents.
Indicative Timeline
  • Initial review: typically 2 to 5 business days after complete RFQ submission.
  • Quote routing and provider feedback: typically 5 to 15 business days, depending on file quality and provider appetite.
  • Issuance timeline: subject to final approval, collateral completion, compliance clearance, and execution of provider documents.
Exclusivity No exclusivity at RFQ stage. Limited exclusivity may apply only after mandate execution if Financely is actively structuring and routing the file to selected providers.
Status Indicative and non-binding. Final terms remain subject to due diligence, provider approval, compliance review, collateral review, and executed documentation.
Request Transaction-Specific LC Terms
Pricing, collateral, issuance route, provider charges, and timelines depend on the applicant, beneficiary, goods, route, tenor, and supporting documents.
Request a Quote
Disclaimer: Financely is not a bank, issuing bank, confirming bank, or legal adviser. Financely provides trade finance structuring and quote-routing support on a best-efforts basis. No issuance, approval, pricing, or funding outcome is guaranteed.
financely.io – Trade Finance Structuring & Quote Routing

Onboarding Process

Request a quote on our website by clicking here, pay the application fee and we will issue a quote within 3 business days.


Once you approve the quote, countersign the contract and deposit the retainer for us to begin fundraising.


  1. Financely hires the lead arranger & book runner to complete the debt offering.
  2. Once the funds are raised, the debtor's newly established SPV can apply directly with the issuing bank to obtain the Standby LC, using the raised capital as collateral.


Benefits of working with Financely Group

Access to our global network of expert trade finance providers to help you get your letter of credit processed quickly and efficiently.

   

We provide expertise in all aspects of trade finance, including Documentary-, Usance- & standby letters of credit, invoice factoring, foreign exchange, proof of funds, advance payment guarantees, and more.


The whole fundraising process is handled on your behalf.


This includes offering documents, SPVs, bank account opening, and hiring investment banks & underwriters.

All our solutions are engineered to fit each customer’s individual needs.


Our team has over 20 years of experience, and we’ve helped hundreds of companies to grow their business.

Unanswered Questions? We’re here to help!

We want to know your needs exactly so that we can provide the perfect solution. Let us know what you want and we’ll do our best to help. 

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