UPAS Letter of Credit Financing for International Trade

UPAS Letter of Credit Financing for International Trade

UPAS Letter of Credit Financing for International Trade

UPAS LC stands for Usance Payable At Sight. Your supplier is paid at sight by the confirming bank while you, the buyer, receive deferred terms. Financely structures UPAS LCs so suppliers ship with confidence and buyers preserve working capital for 60 to 180 days. Use this to win pricing, secure allocations, and keep inventory moving.

Key Outcome: Supplier receives sight payment. Buyer receives usance terms from the bank. Both sides reduce risk and keep timelines intact.

Where UPAS LC Fits

  • Importers needing 60 to 180 day terms without cash strain.
  • Suppliers who require immediate payment on compliant documents.
  • Trades where confirmed LC is a seller prerequisite.
  • Deals where faster supplier payment improves price and allocation.
  • Transactions in metals, fuels, chemicals, machinery, and agri goods.

How UPAS LC Works

Step Description
Issuance Buyer’s bank issues LC with UPAS clause. Rated confirming bank adds confirmation for seller assurance.
Shipment and Docs Seller ships and presents compliant documents under UCP 600 to the confirming bank.
Sight Payment to Seller Confirming bank pays seller at sight. Buyer’s payment is deferred for the usance period.
Buyer Settlement Buyer repays bank at maturity with agreed interest and fees.

Facility Parameters

Parameter Typical Range
Ticket Size USD 1M to USD 50M, larger by syndication
Tenor 60 to 180 days usance
Confirmation Added by rated confirming banks
Rules ICC UCP 600 and applicable ISP or URR where relevant
Security Title documents, inspection reports, and where needed collateral control

Why Clients Choose UPAS with Financely

  • Suppliers receive sight payment which improves pricing and allocation priority.
  • Buyers convert supplier terms into bank credit on a clear cost of funds.
  • We negotiate LC wording to match real logistics and inspection timelines.
  • Execution supported by banks and trade desks that understand complex cargo flows.

Testimonials

★★★★★

"Supplier was paid at sight. We received 120 day terms. Clean execution and zero friction."

- CFO, Industrial Components Importer
★★★★★

"UPAS structure helped us win a lower unit price and secure monthly allocations with confidence."

- Head of Procurement, Chemicals Distributor
★★★★★

"They aligned LC wording to inspection timing and port cutoffs. Documents cleared without issue."

- Managing Director, Metals Trading Firm
★★★★★

"We scaled our import program without stretching cash. The bank was comfortable from day one."

- Finance Director, Consumer Electronics Importer

Request UPAS LC Terms

Share your contract, shipment schedule, and counterparty details. We will return a tailored UPAS LC structure and timeline that fits your trade.

Start the Process

Any UPAS LC arrangement is subject to bank credit approval, KYC and AML checks, and executed LC documentation. Financely acts as an arranger and is not a deposit-taking institution. Terms vary by jurisdiction, counterparty profile, and transaction specifics.

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.

Express Application Submit Your Deal
Request a Proposal
Request a Proposal / Submit a Deal

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.

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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.

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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.

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For 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 Request

Once 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.

Still Have Questions? Schedule a Consultation

If you still have questions after visiting our FAQ and Procedure pages, we invite you to book a paid consultation for personalized guidance. A $250 USD fee applies per session.