Letter of Credit Placement Services for Trade & Projects
Letter of Credit Placement Services
- * Issuer appetite for country, goods, or tenor is thin
- * Confirmation is mandatory but no one quotes it
- * Draft wording invites discrepancies at presentation
- * Curated issuers and confirming banks that suit your lane
- * Article-clean drafts that match contract and Incoterms
- * A dated plan: draft, pre-advice if needed, MT700 issuance
- * LC lands on time and on terms the seller accepts
- * Lower discrepancy risk and smoother discounting
- * Clear fee split and fewer surprises
What you get when we place your LC
Draft and redlines, clean conditions, and document lists that pass checks. If the seller insists on standby, we arrange ISP98 SBLCs.
Options for advising only or full confirmation. Silent confirmation where acceptable. Pricing and timeframes are put in writing.
KYC and sanctions packs built to bank checklists. Pre-advice MT799 when the seller’s bank requests it. MT700 delivery tracked to the day.
Scope of work
- * Issuer shortlist, confirmer options, and fee map
- * Draft LC text, article notes, and data checklist
- * Issue window and delivery channel agreed
- * Collateral plan: cash margin, pledge, receivables, or guarantees
- * Document pre-check before shipment or draw
- * Discounting or reimbursement routing set early
Bank fees plus an arrangement fee sized to risk, size, and tenor. Everything quoted upfront. No surprises buried in conditions.
LC formats we arrange
| Format | Use case | Key note |
|---|---|---|
| Sight LC | Payment at sight of compliant documents | Keep documents tight and aligned to Incoterms |
| Usance LC with discount | Deferred payment with discounting at beneficiary | Confirm discount source and rates up front |
| Transferable or back-to-back | Intermediary trades and allocations | Manage identity, price spread, and doc flow |
| Red or green clause | Advance funding for procurement or storage | Define evidence of use and repayment path |
How we compare
| Decision point | Your bank only | Forwarder/agent | Our placement |
|---|---|---|---|
| Issuer and confirmer choice | Single appetite | Limited network | Curated banks that fit goods and route |
| Draft quality | Rigid template | Basic forwarding | Article-clean wording with doc checklist |
| Timeline control | Bank queue only | Unclear owner | Dated plan from draft to MT700 |
| Discrepancy prevention | Minimal support | After-the-fact fixes | Pre-check of documents before shipment |
Process to issuance and first presentation
Confirm goods, Incoterms, route, amount, and tenor. Shortlist issuers and confirmers that match risk and timing.
Lock wording and send KYC packs. Clear sanctions and compliance questions before pre-advice.
Send MT799 referencing the operative message. Agree the issue window with the beneficiary bank.
Issue MT700. Complete advising and confirmation. Share the operative text with your ops team.
Review drafts of invoice, transport, and certificates. Present on time. Monitor reimbursement or discounting.
What we need to proceed
- * Contract summary, Incoterms, goods, route, value
- * Tenor and latest shipment date
- * Buyer and seller details with addresses
- * Beneficiary bank and any confirmation need
- * Corporate docs, owners, and sanctions screening
- * Collateral available and account details
LC placement FAQ
Commercial LCs issue under UCP 600. Standby needs usually go under ISP98. We structure accordingly from the first draft.
Who pays the feesApplicant covers issuing fees. Advising and confirmation can be on applicant or beneficiary. We set the split in the draft.
Can confirmation be added laterYes if the text allows and a bank accepts the risk. Pricing moves with country, bank, and tenor.
Yes. We manage identity, price spread, and document sequencing to avoid conflicts.
What causes discrepanciesMismatched data across invoice, transport, and certificates. We pre-check forms and align each field to the LC text.
How fast can this moveSpeed depends on KYC and how quickly wording is agreed. We give a dated plan and hold parties to it.
Ready to place an LC that gets accepted
Send the contract summary, Incoterms, amount, tenor, and beneficiary bank. We reply with draft wording, issuer and confirmer options, and a dated plan to MT700.
Request LC PlacementArranger on a best-efforts basis. Issuance and confirmation are subject to KYC, AML, sanctions screening, legal review, collateral, and bank approval. No commitment to lend or issue is implied.
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
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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.
