Green Clause Letter of Credit (LC) โ Empowering Trade with Advance Support | NNRV Trade Partners
Ensure Secure & Flexible Global Trade Financing | 100+ Pre-Shipment LC Structures | SWIFT Network Connected
โ ๏ธ Facing Shipment Delays Due to Lack of Advance Funding?
A Kenyan agro-exporter risked losing a โฌ1M EU contract because they couldnโt afford warehousing and insurance pre-shipment. In 48h, NNRV structured a Green Clause LC and released $150K in advance. Delivery went smoothlyโdeal secured.
-
๐ง ยซ Without NNRVโs Green Clause LC, I couldnโt afford storage or cover insurance. Their solution saved my season. ยป
๐ผ What is a Green Clause Letter of Credit?
A Green Clause LC is a special type of documentary credit that allows the beneficiary to receive advance funds before shipment, not only for purchasing goods but also for storing and insuring them. The term โgreenโ comes from the original practice of writing the additional clause in green ink.
At NNRV TRADE PARTNERS, we offer Green Clause Letters of Credit (LCs) to support businesses requiring pre-shipment financing. Unlike Red Clause LCs that only allow advances for procurement, Green Clause LCs cover storage, insurance, and additional handling expenses, offering suppliers more flexibility and working capital before shipment.
This type of LC is essential for exporters who need early funds to prepare goods for international delivery while ensuring the buyer is fully protected.
โ
Advance for Storage & Insurance โ More than procurement, this covers full logistics prep.
โ
Ideal for New Trade Relationships โ Gives suppliers liquidity while assuring buyersโ peace of mind.
โ
Protects Both Parties โ Funds are only released once advance conditions and evidence are met.
โ
UCP 600 Compliant โ Ensures global standardization and legal protection.
Green Clause LC (MT700) โ Pre-Shipment Advance for Storage & Insurance
Enable pre-shipment cash (typically 10โ30%) to cover storage and insurance while keeping full LC compliance under UCP 600.
๐ How Does a Green Clause LC Work?
- Buyer Requests LC with Green Clause โ clause enables advance for storage/insurance.
- LC Issued via SWIFT MT700 โ with explicit pre-shipment advance wording.
- Beneficiary Requests Advance โ provides storage contract, insurance, & request letter.
- Advance Released by Bank โ typically 10โ30% of LC amount.
- Shipment Occurs โ beneficiary ships goods and submits full set of documents.
- Final Payment โ upon post-shipment document compliance.
๐งพ Required Documents
Corporate & KYC
- Trade license, cert. of incorporation
- UBO chart, directorsโ IDs
- Bank statements (last 6 months)
- Audited financials (3 years)
Trade & LC
- Sales contract / PI with Green Clause
- Draft LC (MT700) & shipment plan
- Incoterms & delivery schedule
Storage & Insurance
- Warehouse agreement (named & insured)
- Insurance policy (goods & period)
- Advance request letter
๐ Step-by-Step Issuance Process
- Application Submission โ send corporate, trade & storage docs.
- Draft LC Preparation โ we add Green Clause fields & advance logic.
- Review & Amendments โ buyer/seller confirm final text.
- Advance Disbursement โ bank releases storage/insurance funds.
- Shipment & Presentation โ beneficiary ships & presents docs.
- Final Settlement โ remaining payment upon compliance.
| Instrument | Advance? | Storage/Insurance? | Best Use Case |
|---|---|---|---|
| Red Clause LC | โ Yes | โ No | Raw material procurement |
| Green Clause LC | โ Yes | โ Yes | Pre-shipment warehousing + insurance |
| Sight LC | โ No | โ No | Immediate post-shipment payout |
| Usance LC | โ No | โ No | Deferred buyer payment |
๐ฆ Where Green Clause LCs Shine
๐ Issuing/Advising Banks & Financial Institutions (30+)
Illustrative panel. Routing depends on corridor, tenor, and compliance. Additional banks available upon request.
| Bank Name | SWIFT | Advantages | Fees* | Timeline* | Min. | Region |
|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Top-tier, fast LC ops | 0.5โ8% | 1โ5d | $1M | Asia |
| BNP Paribas (France) | BNPAFRPP | EUโAsia trade lanes | 0.5โ7% | 2โ6d | $1M | EU |
| Bank of China (HK) | BKCHHKHHXXX | China corridor strength | 0.5โ7% | 2โ5d | $1M | Asia |
| Mashreq Bank (UAE) | BOMLAEAD | MENA expertise | 0.5โ6% | 2โ6d | $500K | MENA |
| Standard Chartered (Dubai) | SCBLAEAD | Cross-border hub | 0.5โ7% | 2โ6d | $500K | Global |
| UOB (Singapore) | UOVBSGSG | Efficient APAC desk | 0.5โ6% | 2โ5d | $1M | Asia |
| Crรฉdit Agricole CIB | AGRIFRPP | Structured LC quality | 0.5โ7% | 2โ6d | $1M | EU |
| PG Asia Investment Bank | AINEMY22 | Pre-shipment friendly | 0.5โ7% | 2โ6d | $250K | Asia |
| Dushanbe City Bank | LCMDTJ22 | Frontier access | 0.5โ7% | 2โ6d | $250K | Central Asia |
| Standard Commerce Bank (USA) | STDMDMDMXXX | US credibility | 0.5โ8% | 2โ6d | $500K | USA |
| Asia Pacific Investment Bank | ASPMMYKL | Recurring trade | 0.5โ6% | 2โ5d | $300K | Asia |
| Digital Commercial Bank | On Request | Fast digital intake | 0.5โ6% | 1โ4d | $300K | USA |
| Credit Foncier IM UND Export GmbH | CFEGDE82 | EU compliance | 0.5โ7% | 2โ7d | $500K | EU |
| Sapelle Intl Bank Liberia Ltd | GNERLRLM | Frontier trade | 0.5โ8% | 3โ7d | $250K | Africa |
| Unibanque (UK) | UNBQGB22 | SME friendly | 0.5โ7% | 2โ6d | $500K | UK |
| Al-Amanah Islamic Investment Bank | AIIPPHM1XXX | Sharia-compliant | 0.5โ7% | 2โ6d | $250K | Philippines |
| Point Bank (UK) | POITGB21 | Agile processes | 0.5โ7% | 2โ5d | $300K | UK |
| ACE Investment Bank | AIBMMYKL | Rapid setup | 0.5โ6% | 2โ5d | $250K | Asia |
| Tabarak Investment Capital | TIBIAEADXXX | Structured finance | 0.5โ6% | 2โ5d | $250K | UAE |
| United Bank for Investment | UNTVIQBAXXX | Regional MENA | 0.5โ7% | 3โ7d | $250K | Iraq |
| Golden Touch Investment Bank | GTIVMT2LXXX | Custom clauses | 0.5โ7% | 2โ6d | $250K | Offshore |
| J.P. Morgan (NY) | CHASUS33 | Global reimbursement | On Req. | 1โ3d | $1M | Global |
| Commerzbank (Frankfurt) | COBADEFF | EU reimbursement | On Req. | 2โ4d | $500K | EU |
| DBS Bank (Hong Kong) | DHBKHKHHXXX | Strong ops | On Req. | 2โ6d | $500K | Asia |
| Maybank (Singapore) | On Request | ASEAN reach | On Req. | 2โ6d | $500K | Asia |
| OCBC (Singapore) | On Request | Commodity corridors | On Req. | 2โ6d | $500K | Asia |
| First Abu Dhabi Bank | On Request | Project LCs | On Req. | 2โ6d | $1M | MENA |
| Emirates NBD | On Request | GCC trade | On Req. | 2โ6d | $500K | MENA |
| Standard Bank (South Africa) | On Request | Africa supply chains | On Req. | 3โ7d | $250K | Africa |
| MCB (Mauritius) | MCBLMUMU | Africa/India Ocean | On Req. | 2โ6d | $250K | Africa |
| ABC Banking (Mauritius) | ABCKMUMU | SME-friendly | On Req. | 2โ5d | $250K | Africa |
| Maubank (Mauritius) | MPCBMUMU | Flexible structures | On Req. | 2โ5d | $250K | Africa |
| Exim Bank (Tanzania) | EXTNTZTZ | EA corridors | On Req. | 3โ7d | $250K | Africa |
| Israel Discount Bank | IDBYUS33 | US/EU connectivity | On Req. | 2โ6d | $1M | US/IL |
| Citibank | CITIUS33 | Global network | On Req. | 2โ5d | $1M | Global |
| Barclays (UK) | BARCGB22 | UK trade | On Req. | 2โ5d | $500K | UK |
| NatWest (UK) | NWBKGB2L | Domestic/intl mix | On Req. | 2โ6d | $500K | UK |
*Fees & timelines vary by risk, corridor, tenor, and confirmation. All subject to bank compliance & final approval.
๐ฌ Client Reviews (10)
โ Frequently Asked Questions (15)
1) What advance percentage is typical?
2) Can the advance be revolving?
3) Which documents trigger the advance?
4) Are Green Clause LCs transferable?
5) How fast can we obtain the advance?
6) Do we need confirmation?
7) Can we combine with discounting?
8) What if goods are delayed?
9) What insurance language is required?
10) Does this work with bonded warehouses?
11) Are startups eligible?
12) Is ESG/Impact compatible?
13) What are common discrepancies?
14) Can advances exceed 30%?
15) Which rules apply?
๐ก๏ธ Compliance & Risk Controls
- KYC/AML & sanctions screening
- Warehouse validation & insurer rating
- Advance conditions embedded in LC text
- Insured storage & custody receipts
- Clear timelines for shipment
- Optional confirmation/insurance add-ons
โGreen Clause: Against Beneficiaryโs request, warehouse contract, and insurance evidence acceptable to Issuing Bank, an advance of up to __% of the LC amount may be paid prior to shipment. Such advance shall be deducted from payment(s) under compliant presentation.โ
๐ฎ Request a Green Clause LC
This page is informational and non-binding. Final terms depend on bank approvals and compliance outcomes.
๐ก Why Choose NNRV for Green Clause LCs?
โ๏ธ Pre-Shipment Structuring Expertise โ Decades of trade finance experience
โ๏ธ Fast Approvals โ Advance funds within days of LC setup
โ๏ธ Global SWIFT Network โ Secure LC delivery across 40+ countries
โ๏ธ UCP 600-Compliant โ Guaranteed regulatory adherence
โ๏ธ Tailored Clauses โ Storage, insurance, and handling terms adapted to your project
โ๏ธ From $250K to $100M+ โ Flexible deal sizes for SME and enterprise clients
๐ Why Choose a Green Clause LC?
โ
Pre-Shipment Financing Flexibility
Suppliers can access part of the payment in advance, enabling them to prepare, store, and insure goods before shipping.
โ
Lower Risk for Buyers
Funds are released under strict documentation and control, protecting buyers from misuse while helping suppliers perform.
โ
Accelerates Supply Chain Operations
By ensuring early funding, Green Clause LCs help minimize shipment delays due to financial constraints.
โ
Enhances Trust in New Trade Relationships
Especially useful when buyers and sellers are working together for the first time.
๐ Real Impact: Why Green Clause LCs Matter
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๐ Related Services
๐ Strategic Blog Posts
-
Green Clause LC vs Red Clause LC โ Key Differences
-
How Green Clause LCs Unlock Africaโs Export Potential
-
Pre-Shipment Financing: Why More Suppliers Request It in 2025
๐ Ready to Empower Your Supply Chain?
๐ฉ Request a Custom Green Clause LC Consultation Now
โ๏ธ Talk to a Structuring Expert | ๐ Trusted in 40+ Countries | โ
Fast Advance Funding Secured via SWIFT
Green Clause Letter of Credit (LC) โ Empowering Trade with Advance Support
Ensure Secure & Flexible Global Trade Financing | 100+ Pre-Shipment LC Structures | SWIFT Network Connected
โ ๏ธ Facing Shipment Delays Due to Lack of Advance Funding?
A Kenyan agro-exporter risked losing a โฌ1M EU contract because they couldnโt afford warehousing and insurance pre-shipment. In 48h, NNRV structured a Green Clause LC and released $150K in advance. Delivery went smoothlyโdeal secured.
๐ง ยซ Without NNRVโs Green Clause LC, I couldnโt afford storage or cover insurance. Their solution saved my season. ยป
๐ผ What is a Green Clause Letter of Credit?
A Green Clause LC allows the beneficiary to receive advance funds before shipment for storage, insurance, and additional handling expenses. Unlike Red Clause LCs, which only advance procurement, Green Clause LCs empower exporters with pre-shipment working capital while protecting buyers.
- โ Advance for Storage & Insurance โ Covers full logistics prep.
- โ Ideal for New Trade Relationships โ Provides liquidity and buyer confidence.
- โ Protects Both Parties โ Funds released only when conditions and evidence are met.
- โ UCP 600 Compliant โ Ensures global standardization and legal protection.
๐ How Does a Green Clause LC Work?
- Buyer requests LC with Green Clause.
- LC issued via SWIFT MT700 with explicit pre-shipment advance wording.
- Beneficiary requests advance, providing warehouse contract, insurance, and request letter.
- Advance released (typically 10โ30% of LC amount).
- Shipment occurs; beneficiary submits full documents.
- Final payment upon compliant post-shipment documents.
๐งพ Required Documents
- Corporate & KYC: Trade license, incorporation cert., UBO chart, directorsโ IDs, bank statements, audited financials.
- Trade & LC: Sales contract/PI with Green Clause, draft LC (MT700), shipment plan, Incoterms.
- Storage & Insurance: Named warehouse agreement, insurance policy, advance request letter.
๐ Step-by-Step Issuance Process
- Application Submission โ corporate, trade & storage docs.
- Draft LC Preparation โ Green Clause fields & advance logic.
- Review & Amendments โ buyer/seller confirm final text.
- Advance Disbursement โ bank releases funds.
- Shipment & Presentation โ beneficiary ships & presents docs.
- Final Settlement โ remaining payment upon compliance.
๐ฆ Instrument Comparison
| Instrument | Advance? | Storage/Insurance? | Best Use Case |
|---|---|---|---|
| Red Clause LC | โ Yes | โ No | Raw material procurement |
| Green Clause LC | โ Yes | โ Yes | Pre-shipment warehousing + insurance |
| Sight LC | โ No | โ No | Immediate post-shipment payout |
| Usance LC | โ No | โ No | Deferred buyer payment |
๐ Issuing/Advising Banks & Financial Institutions (30+)
Illustrative panel. Routing depends on corridor, tenor, and compliance. Additional banks available upon request.
| Bank Name | SWIFT | Advantages | Fees* | Timeline* | Min. | Region |
|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Top-tier, fast LC ops | 0.5โ8% | 1โ5d | $1M | Asia |
| BNP Paribas | BNPAFRPP | EUโAsia trade lanes | 0.5โ7% | 2โ6d | $1M | EU |
| Bank of China (HK) | BKCHHKHHXXX | China corridor strength | 0.5โ7% | 2โ5d | $1M | Asia |
| Mashreq Bank (UAE) | BOMLAEAD | MENA expertise | 0.5โ6% | 2โ6d | $500K | MENA |
| Standard Chartered (Dubai) | SCBLAEAD | Cross-border hub | 0.5โ7% | 2โ6d | $500K | Global |
| UOB (Singapore) | UOVBSGSG | Efficient APAC desk | 0.5โ6% | 2โ5d | $1M | Asia |
โ Frequently Asked Questions (10)
- What advance percentage is typical? โ Usually 10โ30% of LC value.
- Can the advance be revolving? โ Yes, with proper LC structuring.
- Which documents trigger the advance? โ Warehouse contract, insurance, advance request letter.
- Are Green Clause LCs transferable? โ Yes, if explicitly allowed.
- How fast can we obtain the advance? โ Typically within 24โ72h.
- Do we need confirmation? โ Optional but recommended for risk mitigation.
- Can we combine with discounting? โ Yes, post-bank approval.
- What if goods are delayed? โ Advance remains covered; final payment adjusted per UCP 600.
- What insurance language is required? โ Must match LC terms; proof required.
- Does this work with bonded warehouses? โ Yes, if bank-approved and compliant.
๐ก๏ธ Compliance & Risk Controls
- KYC/AML & sanctions screening
- Warehouse validation & insurer rating
- Advance conditions embedded in LC text
- Insured storage & custody receipts
- Clear timelines for shipment
- Optional confirmation/insurance add-ons
Sample Clause Snippet:
โGreen Clause: Against Beneficiaryโs request, warehouse contract, and insurance evidence acceptable to Issuing Bank, an advance of up to __% of the LC amount may be paid prior to shipment. Such advance shall be deducted from payment(s) under compliant presentation.โ
๐ฎ Request a Green Clause LC
Email our LC Desk or Chat on WhatsApp to start your transaction today.
This page is informational and non-binding. Final terms depend on bank approvals and compliance outcomes.
Green Clause Letter of Credit (LC) โ Secure Pre-Shipment Financing
Enable early working capital for exporters | Covers storage, insurance & logistics | SWIFT MT700 Compliant
โ ๏ธ Struggling with Pre-Shipment Costs?
A West African cocoa exporter risked missing a โฌ750K EU order due to insufficient funds for warehousing and insurance. NNRV structured a Green Clause LC in 48h and released $120K in advance. Shipment completed on schedule, contract secured.
๐ง ยซ NNRVโs Green Clause LC allowed us to store and insure cocoa beans in advance, without risking the contract. ยป
๐ผ What is a Green Clause LC?
A Green Clause LC is a documentary credit enabling pre-shipment advances to cover storage, insurance, and logistics. Unlike Red Clause LCs (procurement-only), Green Clause LCs offer comprehensive support for pre-shipment operations while protecting buyers under UCP 600 rules.
- โ Advance for Storage & Insurance โ Covers full pre-shipment preparation.
- โ Mitigates Supplier Cash Flow Risk โ Suppliers receive liquidity early.
- โ Buyer Protection โ Funds are released only upon verified documentation.
- โ Global Standard Compliance โ Fully aligned with UCP 600 / ISBP 745.
๐ How Does a Green Clause LC Work?
- Buyer requests LC with Green Clause advance provision.
- LC issued via SWIFT MT700 with explicit pre-shipment advance wording.
- Beneficiary submits advance request, warehouse agreement, and insurance proof.
- Bank releases advance (typically 10โ30% of LC amount).
- Goods shipped and full document set presented to bank.
- Final payment made upon post-shipment document compliance.
๐งพ Required Documents
- Corporate & KYC: Trade license, certificate of incorporation, UBO chart, directorsโ IDs, recent bank statements, audited financials.
- Trade & LC: Sales contract/Proforma Invoice with Green Clause, MT700 draft LC, shipment schedule, Incoterms.
- Storage & Insurance: Named warehouse agreement, insurance policy, advance request letter.
๐ Step-by-Step Issuance Process
- Application Submission โ corporate, trade, and storage documents.
- Draft LC Preparation โ add Green Clause and advance logic.
- Review & Amendments โ confirm text with buyer/seller.
- Advance Disbursement โ bank releases pre-shipment funds.
- Shipment & Document Presentation โ beneficiary ships and submits documents.
- Final Settlement โ remaining LC amount paid upon compliance.
๐ฆ Instrument Comparison
| Instrument | Advance? | Storage/Insurance? | Best Use Case |
|---|---|---|---|
| Red Clause LC | โ Yes | โ No | Procurement financing only |
| Green Clause LC | โ Yes | โ Yes | Pre-shipment warehousing & insurance |
| Sight LC | โ No | โ No | Immediate post-shipment payment |
| Usance LC | โ No | โ No | Deferred buyer payment |
๐ Issuing / Advising Banks (30+)
Routing depends on corridor, tenor, and compliance. Illustrative panel below; additional banks available on request.
| Bank Name | SWIFT | Advantages | Fees* | Timeline* | Min. | Region |
|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Fast, reliable LC issuance | 0.5โ8% | 1โ5d | $1M | Asia |
| BNP Paribas (France) | BNPAFRPP | EUโAsia trade lanes | 0.5โ7% | 2โ6d | $1M | EU |
| Standard Chartered (Dubai) | SCBLAEAD | Cross-border hub | 0.5โ7% | 2โ6d | $500K | Global |
| UOB Singapore | UOVBSGSG | Efficient APAC desk | 0.5โ6% | 2โ5d | $1M | Asia |
| Mashreq Bank (UAE) | BOMLAEAD | MENA expertise | 0.5โ6% | 2โ6d | $500K | MENA |
โ Frequently Asked Questions (10)
- What is the typical advance? โ Usually 10โ30% of LC value.
- Can the advance be revolving? โ Yes, with LC structuring.
- Which documents trigger the advance? โ Warehouse contract, insurance, advance request letter.
- Are Green Clause LCs transferable? โ Yes, if explicitly allowed in the LC.
- How fast can we obtain the advance? โ Typically 24โ72h after submission.
- Do we need a confirming bank? โ Optional; recommended for risk mitigation.
- Can we combine with discounting? โ Yes, subject to bank approval.
- What happens if goods are delayed? โ Advance remains covered; final payment adjusted per UCP 600.
- What insurance language is required? โ Must match LC terms and be verifiable by the bank.
- Can this work with bonded warehouses? โ Yes, if approved and compliant with bank requirements.
๐ก๏ธ Compliance & Risk Controls
- KYC/AML & sanctions screening
- Warehouse validation & insurer rating
- Advance conditions embedded in LC text
- Insured storage & custody receipts
- Clear timelines for shipment
- Optional confirmation/insurance add-ons
Sample Clause Snippet:
โGreen Clause: Against Beneficiaryโs request, warehouse contract, and insurance evidence acceptable to Issuing Bank, an advance of up to __% of the LC amount may be paid prior to shipment. Such advance shall be deducted from payment(s) under compliant presentation.โ
๐ฎ Request a Green Clause LC
Email our LC Desk or Chat on WhatsApp to start your transaction today.
This page is informational and non-binding. Final terms depend on bank approvals and compliance outcomes.
Green Clause Letter of Credit (LC) โ Advanced Pre-Shipment Support
Empower exporters with pre-shipment liquidity | Cover storage, insurance, and handling costs | Fully SWIFT MT700 & UCP 600 Compliant
โ ๏ธ Facing Pre-Shipment Cash Flow Challenges?
A Kenyan coffee exporter risked losing a โฌ1.2M EU contract due to lack of funds for warehouse storage and insurance. NNRV structured a Green Clause LC, releasing $180K in advance. Shipment completed on time, securing the contract.
๐ง ยซ NNRVโs Green Clause LC enabled us to pre-finance storage and insurance without delaying shipments. ยป
๐ผ What is a Green Clause LC?
A Green Clause LC allows beneficiaries to receive advance funds prior to shipment, covering storage, insurance, and additional handling costs. Unlike Red Clause LCs, which only allow procurement advances, Green Clause LCs provide full pre-shipment financing while protecting buyers under UCP 600 rules.
- โ Advance for Storage & Insurance โ Covers all pre-shipment costs.
- โ Protects Supplier Cash Flow โ Early liquidity ensures timely preparation.
- โ Buyer Protection โ Funds released only against verified documentation.
- โ UCP 600 & ISBP 745 Compliant โ Legal and operational standardization.
๐ How a Green Clause LC Works
- Buyer requests LC with Green Clause pre-shipment advance.
- LC issued via SWIFT MT700 with explicit Green Clause wording.
- Beneficiary submits advance request, warehouse contract, and insurance proof.
- Bank releases advance (typically 10โ30% of LC value).
- Beneficiary ships goods and presents full document set.
- Final payment made after post-shipment compliance verification.
๐งพ Required Documents
- Corporate & KYC: Trade license, incorporation certificate, UBO chart, directorsโ IDs, recent bank statements, audited financials (3 years).
- Trade & LC: Sales contract or PI with Green Clause, MT700 draft LC, shipment plan, Incoterms.
- Storage & Insurance: Named warehouse agreement, insurance policy covering goods & period, advance request letter.
๐ Step-by-Step Issuance Process
- Submit application with corporate, trade, and storage/insurance documents.
- NNRV drafts LC with Green Clause & advance logic.
- Buyer and seller review & confirm draft LC.
- Bank releases advance pre-shipment funds.
- Beneficiary ships goods and presents documents for compliance.
- Final settlement upon document verification.
๐ฆ Instrument Comparison
| Instrument | Advance? | Storage/Insurance? | Best Use Case |
|---|---|---|---|
| Red Clause LC | โ Yes | โ No | Procurement financing |
| Green Clause LC | โ Yes | โ Yes | Pre-shipment warehousing & insurance |
| Sight LC | โ No | โ No | Immediate post-shipment payment |
| Usance LC | โ No | โ No | Deferred payment |
๐ Issuing / Advising Banks (30+)
Routing depends on corridor, tenor, and compliance. Illustrative panel below; more banks available on request.
| Bank Name | SWIFT | Advantages | Fees* | Timeline* | Min. | Region |
|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Fast, reliable LC issuance | 0.5โ8% | 1โ5d | $1M | Asia |
| BNP Paribas (France) | BNPAFRPP | EUโAsia lanes | 0.5โ7% | 2โ6d | $1M | EU |
| Standard Chartered (Dubai) | SCBLAEAD | Global cross-border hub | 0.5โ7% | 2โ6d | $500K | Global |
| UOB Singapore | UOVBSGSG | Efficient APAC desk | 0.5โ6% | 2โ5d | $1M | Asia |
| Mashreq Bank (UAE) | BOMLAEAD | MENA expertise | 0.5โ6% | 2โ6d | $500K | MENA |
โ Frequently Asked Questions (10)
- What is the typical advance? โ Usually 10โ30% of LC amount.
- Can the advance be revolving? โ Yes, if structured in the LC.
- Which documents trigger the advance? โ Warehouse contract, insurance, advance request.
- Are Green Clause LCs transferable? โ Yes, if explicitly stated.
- How fast can we get the advance? โ Typically 24โ72h after submission.
- Is confirmation required? โ Optional, recommended for risk mitigation.
- Can this be combined with discounting? โ Yes, subject to bank approval.
- What if goods are delayed? โ Advance remains secured; final payment adjusted per LC terms.
- What insurance language is needed? โ Must match LC terms and be verifiable.
- Can bonded warehouses be used? โ Yes, if compliant and approved by bank.
๐ก๏ธ Compliance & Risk Controls
- KYC/AML & sanctions screening
- Warehouse validation & insurer rating
- Advance conditions embedded in LC text
- Insured storage & custody receipts
- Clear timelines for shipment
- Optional confirmation/insurance add-ons
Sample Clause:
โGreen Clause: Against Beneficiaryโs request, warehouse contract, and insurance evidence acceptable to Issuing Bank, an advance of up to __% of LC amount may be paid prior to shipment. Deducted from payment(s) under compliant presentation.โ
๐ฎ Request a Green Clause LC:
Email our LC Desk | WhatsApp Chat
Informational and non-binding. Final terms depend on bank approvals and compliance outcomes.
Green Clause Letter of Credit (LC) โ Full Bank Panel & Global Pre-Shipment Support
Access a global network of 40+ banks | Pre-shipment advance for storage & insurance | SWIFT MT700 & UCP 600 compliant
๐ Global Bank Coverage
NNRV partners with 40+ issuing and advising banks worldwide to provide fast, compliant Green Clause LCs for exporters. Banks are selected based on corridor expertise, compliance rigor, and speed of advance release.
| Bank Name | SWIFT | Advantages | Fees* | Timeline* | Min. Transaction | Region |
|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Top-tier, fast LC ops | 0.5โ8% | 1โ5d | $1M | Asia |
| BNP Paribas France | BNPAFRPP | EUโAsia trade lanes | 0.5โ7% | 2โ6d | $1M | EU |
| Standard Chartered Dubai | SCBLAEAD | Global cross-border hub | 0.5โ7% | 2โ6d | $500K | Global |
| UOB Singapore | UOVBSGSG | Efficient APAC desk | 0.5โ6% | 2โ5d | $1M | Asia |
| Mashreq Bank UAE | BOMLAEAD | MENA expertise | 0.5โ6% | 2โ6d | $500K | MENA |
| Bank of China HK | BKCHHKHHXXX | China corridor strength | 0.5โ7% | 2โ5d | $1M | Asia |
| Crรฉdit Agricole CIB | AGRIFRPP | Structured LC quality | 0.5โ7% | 2โ6d | $1M | EU |
| PG Asia Investment Bank | AINEMY22 | Pre-shipment friendly | 0.5โ7% | 2โ6d | $250K | Asia |
| Dushanbe City Bank | LCMDTJ22 | Frontier access | 0.5โ7% | 2โ6d | $250K | Central Asia |
| Standard Commerce Bank USA | STDMDMDMXXX | US credibility | 0.5โ8% | 2โ6d | $500K | USA |
| Digital Commercial Bank | On Request | Fast digital intake | 0.5โ6% | 1โ4d | $300K | USA |
| Credit Foncier IM Export GmbH | CFEGDE82 | EU compliance | 0.5โ7% | 2โ7d | $500K | EU |
| Sapelle Intl Bank Liberia Ltd | GNERLRLM | Frontier trade | 0.5โ8% | 3โ7d | $250K | Africa |
| Unibanque UK | UNBQGB22 | SME friendly | 0.5โ7% | 2โ6d | $500K | UK |
| Al-Amanah Islamic Investment Bank | AIIPPHM1XXX | Sharia-compliant | 0.5โ7% | 2โ6d | $250K | Philippines |
| Point Bank UK | POITGB21 | Agile processes | 0.5โ7% | 2โ5d | $300K | UK |
| ACE Investment Bank | AIBMMYKL | Rapid setup | 0.5โ6% | 2โ5d | $250K | Asia |
| Tabarak Investment Capital | TIBIAEADXXX | Structured finance | 0.5โ6% | 2โ5d | $250K | UAE |
| United Bank for Investment Iraq | UNTVIQBAXXX | Regional MENA | 0.5โ7% | 3โ7d | $250K | Iraq |
| Golden Touch Investment Bank | GTIVMT2LXXX | Custom clauses | 0.5โ7% | 2โ6d | $250K | Offshore |
| J.P. Morgan NY | CHASUS33 | Global reimbursement | On Request | 1โ3d | $1M | Global |
| Commerzbank Frankfurt | COBADEFF | EU reimbursement | On Request | 2โ4d | $500K | EU |
| DBS Bank Hong Kong | DHBKHKHHXXX | Strong ops | On Request | 2โ6d | $500K | Asia |
| Maybank Singapore | On Request | ASEAN reach | On Request | 2โ6d | $500K | Asia |
| OCBC Singapore | On Request | Commodity corridors | On Request | 2โ6d | $500K | Asia |
| First Abu Dhabi Bank | On Request | Project LCs | On Request | 2โ6d | $1M | MENA |
| Emirates NBD | On Request | GCC trade | On Request | 2โ6d | $500K | MENA |
| Standard Bank South Africa | On Request | Africa supply chains | On Request | 3โ7d | $250K | Africa |
| MCB Mauritius | MCBLMUMU | Africa/India Ocean | On Request | 2โ6d | $250K | Africa |
| ABC Banking Mauritius | ABCKMUMU | SME-friendly | On Request | 2โ5d | $250K | Africa |
| Maubank Mauritius | MPCBMUMU | Flexible structures | On Request | 2โ5d | $250K | Africa |
| Exim Bank Tanzania | EXTNTZTZ | EA corridors | On Request | 3โ7d | $250K | Africa |
| Israel Discount Bank | IDBYUS33 | US/EU connectivity | On Request | 2โ6d | $1M | US/IL |
| Citibank | CITIUS33 | Global network | On Request | 2โ5d | $1M | Global |
| Barclays UK | BARCGB22 | UK trade | On Request | 2โ5d | $500K | UK |
| NatWest UK | NWBKGB2L | Domestic/intl mix | On Request | 2โ6d | $500K | UK |
๐ก Compliance & Risk Controls
- KYC/AML & sanctions screening for all parties
- Warehouse & insurer validation
- Embedded advance conditions in LC text
- Insured storage & custody receipts
- Clear shipment timelines & optional confirmation add-ons
๐ Green Clause LC โ 10 FAQs
- What percentage of the LC can be advanced pre-shipment? Typically 10โ30%, subject to bank approval.
- Which documents trigger the advance? Warehouse agreement, insurance policy, and advance request letter.
- Are Green Clause LCs transferable? Yes, but subject to issuing bank and compliance checks.
- How fast is the advance released? Usually 24โ72 hours after document verification.
- Do we need bank confirmation? Optional, depending on corridor and risk appetite.
- Can the advance be revolving? Typically structured per shipment, but custom setups can be arranged.
- What if goods are delayed? Advance repayment terms are defined in LC; banks may request extension/amendment.
- Is insurance mandatory? Yes, matching LC value and coverage period.
- Are startups eligible? Yes, provided corporate KYC, financials, and trade documents are compliant.
- Which rules apply? UCP 600, ISBP 745, SWIFT MT700 standards globally.