Ensure Reliable Deferred Trade Payments | 100+ LC-Backed Projects | Global SWIFT Bank Network

⚠️ Buyer Asked for Deferred Payment Terms? Don’t Risk It Without a Guarantee

Last month, a machinery exporter agreed to 90-day payment terms—only to face a $1.8M default. We stepped in, structured an Acceptance LC, and the client was finally paid on Day 90 without a single delay. Don’t confuse trust with security.

• 🧠 “Thanks to NNRV’s Acceptance LC, we accepted 60-day terms and still had full payment assurance.” – Jerome A., Energy Components Supplier

What is an Acceptance Letter of Credit (LC)?

An Acceptance LC is a time-based Letter of Credit where payment is not made at sight, but at a future date (30, 60, 90, or 180 days after document acceptance). It’s ideal when sellers allow deferred payments—yet want bank-level guarantees that funds will arrive on time.

At NNRV Trade Partners, we structure and deliver Acceptance LCs under SWIFT MT700, aligned with ICC UCP 600 regulations. With our support, sellers gain payment assurance even with extended credit terms.

• 🧠 « The buyer had 60 days to pay, but we had bank assurance from Day 1. NNRV made it easy. » – Daniel K., Heavy Equipment Supplier

✅ Key Benefits of an Acceptance LC

• 💸 Guaranteed Future Payment – Seller receives funds on maturity date without chasing the buyer.

• 🔄 Flexible Credit Terms – Importers benefit from delayed payments while keeping trust intact.

• 🛡️ Reduced Default Risk – Bank acceptance replaces counterparty risk.

• 🌍 Globally Accepted – Issued under MT700, recognized by all major trade finance institutions.

• ⚖️ UCP 600 Compliant – Legally structured for cross-border enforceability.

How It Works: Step-by-Step Flow

1. Buyer Requests LC with time payment clause (30/60/90/120 days).

2. Bank Issues LC via MT700 specifying the acceptance and maturity date.

3. Seller Ships Goods and submits compliant documents to the advising/confirming bank.

4. Issuing Bank Accepts Draft (or bill of exchange) and commits to pay on the due date.

5. Seller Receives Payment on maturity—secured, regardless of buyer liquidity.

📄 Required Documents for Acceptance LC Issuance

To issue an Acceptance LC, we typically require:

• ✅ Commercial or Proforma Invoice – With agreed payment terms.

• ✅ Corporate Registration & Legal ID – To verify compliance.

• ✅ Audited Financials (last 2 years) – Typically 2 years for risk evaluation

• ✅ Trade Agreement or Purchase Contract – Signed contract specifying deferred payment.

• ✅ Compliance Information & Bank Coordinates – For SWIFT processing and due diligence.

• ✅ Requested Tenor (e.g. 60 days, 90 days)

🏦Detailed Table: Approved Issuing Banks for Acceptance LCs (MT700)

We work with top-tier financial institutions and banking partners for the issuance of Acceptance Letters of Credit (MT700), ensuring global coverage and reliability.

(📉 Other banks available upon request depending on your region or transaction size.)

🌟 Why Use an Acceptance LC?

🛠️ Our 5-Step Process

1. Submit your trade documents

2. We analyze and structure the LC

3. You review and validate the draft

4. We collect fees and submit to issuing bank

5. LC issued via MT700 with future payment date

🔍 Acceptance LC vs Other Instruments

Why Choose NNRV Trade Partners for Acceptance LC Issuance?

🔒 100% SWIFT-Based Issuance – MT700 delivery, no delays.
🌍 Multinational Bank Network – Coverage in 40+ jurisdictions.
📈 Compliance with UCP 600 – Trusted by global counterparties.
📄 Custom LC Structuring – Tailored to your payment terms.
🕒 Fast Turnaround – Get issued in 3–7 business days.
📁 Full Support – From document drafting to final delivery.

💲 Notes on Fees

Acceptance LC fees vary by:

• Tenor Duration (30/60/90/180 days)
• Issuing Bank Chosen

• Buyer Profile & Jurisdiction

🔹 For a tailored quote, contact our structuring desk.

🧠 Real Testimonials

• "We got paid exactly 60 days after shipping—bank guarantee saved our cash flow."
Aida N., Electronics Exporter – Morocco

   

• "NNRV helped us turn deferred payments into growth opportunities."
Pierre T., Cement Trade – Côte d’Ivoire

📖 What Makes Us Different?

✔️ Global Access via MT700
✔️ 40+ Certified Jurisdictions
✔️ Verified ICC Compliance
✔️ « Accepted or Refunded » Guarantee
✔️ Any Tenor, Any Sector, Any Country

📀 From $250K to $50M+ deals structured with assurance

🤔 Top 5 FAQ – Answered by Experts

1. Can a new business apply for an Acceptance LC? Yes, if basic trade documentation and contracts are in place.

2. What’s the maximum tenor allowed? Typically 180 days, depending on bank and country.

3. Can I discount the LC before maturity? Yes, many banks allow discounting for early cash access.

4. Who pays on the maturity date? The issuing bank guarantees payment—regardless of buyer liquidity.

5. What if documents aren’t compliant? We pre-verify all documents with you to ensure acceptance.

🔗 Related Services

Usance LC


Transferable LC


LC Discounting


Red Clause LC


LC Confirmation


Invoice Factoring


Trade Finance Advisory

📓 Strategic Blog Posts

1. Why Acceptance LCs are a Game-Changer in Africa

2. Deferred vs Usance vs Sight LC: The Real Differences

3. Structuring Your First Acceptance LC – What to Expect

Get Your Acceptance LC Today!

Let NNRV Trade Partners protect your deferred payment deals with confidence and compliance.

🚀 Secure Your Structured Trade Deal Now

🔐 Whether it’s 30 or 180 days, ensure guaranteed payout on maturity.

📩 Book Your Free LC Strategy Session 📞 Talk to an Expert | 🌍 Trusted in 40+ Countries | ✅ 100% SWIFT MT700 Delivery