Letter of Credit Transfer via MT720 – Empower Your Trade Chain with Controlledtitre ici
Flexibility Structured LC Transfers | MT720 SWIFT Format | Enable Downstream Suppliers with Confidence
⚠️ Need to Transfer Your LC Rights to a Supplier or Subcontractor?
A textile trader in Turkey received a $2M LC but needed to fulfill the contract using three smaller mills. With NNRV’s LC transfer via MT720, they transferred partial LC rights—each mill got paid directly, and the main exporter stayed in control.-
🧠 “MT720 gave us the ability to fulfill large contracts with our partners. All compliant, all transparent.” – Selim A., Apparel Trade Manager
What is an LC Transfer via MT720?
The MT720 is the SWIFT message format used to transfer a Letter of Credit (LC) from the original beneficiary to one or more second beneficiaries, typically under a Transferable LC (MT700). This allows exporters to pass on LC rights—such as shipment and payment—to their suppliers, while retaining control over margin and compliance. At NNRV, we structure and manage LC transfers via MT720 for global clients handling multi-tier trade operations, ensuring full UCP 600 compliance and secure execution.-
🧠 “With MT720, we split a $5M LC across 4 factories in 3 countries—without compromising terms.” – Rajiv G., Industrial Components Buyer
Key Benefits of LC Transfer via MT720
✅ Supply Chain Flexibility – Empower subcontractors and manufacturers under one LC. ✅ Partial or Full Transfer – Choose exact amount, shipment, and document scope. ✅ Issuer Protection – First beneficiary remains in control of original terms. ✅ Global Recognition – MT720 transfers are standard under SWIFT and UCP 600. ✅ Faster Execution – No need to negotiate new LCs for each supplier.LC Transfer via MT720
Transfer part or all of a transferable MT700 LC to one or more second beneficiaries with a compliant MT720. Ideal for export aggregators, subcontracting chains, and multi-origin supply.
ICC / UCP 600 (Art. 38)
ISBP 745
SWIFT MT700 • MT720 • MT707
KYC/AML • Sanctions Screening
0.4–1.0%
Typical Transfer Fee
1–5 days
Usual Transfer Window
$250K+
Common Min Lot
200+
Institutional Links
🔄 How Does LC Transfer via MT720 Work?
- Original LC Issued (MT700) — with the word Transferable expressly stated.
- First Beneficiary Requests Transfer — defines amount, expiry, presentation period, partial shipment rights, etc.
- Transferring Bank Sends MT720 — to one or more second beneficiaries (can be partial or multiple).
- Second Beneficiary Ships — and presents documents under the transferred credit.
- Payment Flows — advising → issuing bank, with the first beneficiary’s substitution of invoice where allowed.
Under UCP 600 Art. 38, certain terms may be reduced (amount, unit price, expiry, latest shipment, presentation period) but core terms (e.g., goods description) must remain consistent.
🧾 Documents Required for MT720 Transfer
Base Pack
- Original Transferable LC (MT700)
- Transfer Instruction Letter (scope and beneficiaries)
- Commercial flow summary & Incoterms
KYC & Mandates
- First Beneficiary KYC & authority to transfer
- Second Beneficiary corporate docs & bank details
- UBO/ownership chart (where applicable)
Banking & Compliance
- SWIFT-enabled coordinates (IBAN/BIC)
- Sanctions screening & red-flag checks
- Substitution of invoice policy (if used)
🎯 When to Use an MT720 Transfer
Export Aggregators
Allocate one LC across multiple upstream suppliers while keeping commercial margin.
Subcontracting Chains
Prime contractor transfers to specialist vendors on the same project.
Multi-Origin Supply
Split shipments by geography, factory, or seasonality.
Back-to-Back Alternative
Avoid issuing a separate LC when original LC is transferable.
💵 Indicative Pricing
| Item | Typical Range | Notes |
|---|---|---|
| MT720 Transfer Fee | 0.4% – 1.0% | Per transferred amount; corridor & risk dependent |
| Amendment (MT707) | $250 – $1,000 | Per change; complexity-based |
| Advising/Transmission | $150 – $600 | Receiving bank fees |
| Document Checking | $150 – $750 | Per presentation |
We quote transparently prior to engagement. Compliance results may affect final pricing.
🧠 SWIFT Essentials for MT720
Core Fields
- 20 Sender’s Reference
- 21 Related Reference (original LC)
- 32B Currency/Amount (reduced if needed)
- 45A Description of Goods
- 46A Required Documents
- 47A Additional Conditions
- 48 Period for Presentation
- 49 Confirmation Instructions
- 57A Advise Through Bank
- 71B/72 Charges / Sender-to-Receiver
What Can Change (Art. 38)
- Amount / unit price — can be reduced
- Expiry & latest shipment — can be shortened
- Presentation period — can be reduced
- Invoice substitution by first beneficiary — if allowed
What Cannot Change
- Core goods scope & key conditions
- Governing rules and LC nature
- Beyond-original expiry/amount extensions
🌐 Banks Supporting MT720 Transfers (30+ Illustrative)
Selection depends on corridor, tenor, deal size, and compliance profile. Ranges are indicative.
| Bank Name | SWIFT | Advantages | Transfer Fees | Transfer Time | Min. | Region |
|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Seamless MT720 ops | 0.5–1.0% | 1–4d | $1M | Asia |
| BNP Paribas (HK) | BNPAHKHHXXX | EU–Asia transfers | 0.4–0.8% | 2–5d | $1M | Asia/EU |
| Bank of China (HK) | BKCHHKHHXXX | Strong Asia lanes | 0.5–1.0% | 2–5d | $1M | Asia |
| Standard Chartered (Dubai) | SCBLAEAD | MENA hub | 0.5–1.0% | 2–5d | $500K | MENA |
| Mashreq Bank (UAE) | BOMLAEAD | Agile trade desk | 0.4–0.9% | 2–5d | $500K | MENA |
| DBS (Singapore) | DBSSSGSG | SEA expertise | 0.5–1.0% | 1–4d | $1M | APAC |
| UOB (Singapore) | UOVBSGSG | Efficient ops | 0.5–1.0% | 2–5d | $1M | APAC |
| OCBC (Singapore) | OCBCSGSG | APAC trade | 0.5–1.0% | 2–5d | $1M | APAC |
| MUFG (Japan) | BOTKJPJT | Japan/APAC lanes | 0.5–1.0% | 2–5d | $1M | APAC |
| Mizuho (Japan) | MHBKJPJT | Commodity flows | 0.5–1.0% | 2–5d | $1M | APAC |
| SMBC (Japan) | SMBCJPJT | Manufacturing chains | 0.5–1.0% | 2–5d | $1M | APAC |
| J.P. Morgan (NY) | CHASUS33 | Global reach | 0.5–1.0% | 1–4d | $1M | Global |
| Citibank | CITIUS33 | Correspondent depth | 0.5–1.0% | 2–5d | $1M | Global |
| Bank of America | BOFAUS3N | USD corridors | 0.5–1.0% | 2–5d | $1M | US |
| Wells Fargo | On Request | Trade ops | 0.5–1.0% | 2–5d | $1M | US |
| Deutsche Bank | DEUTDEFF | EU hub | 0.5–1.0% | 2–6d | $1M | EU |
| Commerzbank | COBADEFF | Reimbursement strength | 0.5–1.0% | 2–5d | $500K | EU |
| Société Générale | SOGEFRPP | EU/Africa coverage | 0.5–1.0% | 2–6d | $1M | EU |
| Crédit Agricole CIB | AGRIFRPP | Structured DCs | 0.5–1.0% | 2–6d | $1M | EU |
| ING | INGBNL2A | Benelux strength | 0.5–1.0% | 2–6d | $500K | EU |
| Rabobank | RABONL2U | Agri supply chains | 0.5–1.0% | 2–6d | $500K | EU |
| ABN AMRO | ABNANL2A | Commodity houses | 0.5–1.0% | 2–6d | $500K | EU |
| Barclays (UK) | BARCGB22 | UK transfers | 0.5–1.0% | 2–5d | $500K | UK |
| NatWest (UK) | NWBKGB2L | Domestic/intl mix | 0.5–1.0% | 2–5d | $500K | UK |
| Santander | BSCHESMM | EU↔LatAm lanes | 0.5–1.0% | 2–6d | $500K | EU/LatAm |
| BBVA | BBVAESMM | Spain/LatAm | 0.5–1.0% | 2–6d | $500K | EU/LatAm |
| UniCredit | UNCRITMM | EU manufacturing | 0.5–1.0% | 2–6d | $500K | EU |
| Intesa Sanpaolo | BCITITMM | Industrial Italy | 0.5–1.0% | 2–6d | $500K | EU |
| UBS | On Request | CHF/EUR corridors | 0.5–1.0% | 2–6d | $1M | CH/EU |
| Nordea | NDEAFIHH | Nordics supply | 0.5–1.0% | 2–6d | $500K | Nordics |
| SEB | ESSESESS | Scandinavian trade | 0.5–1.0% | 2–6d | $500K | Nordics |
| PG Asia Investment Bank | AINEMY22 | Flexible intake | 0.5–1.0% | 2–6d | $250K | APAC |
| Dushanbe City Bank | LCMDTJ22 | Frontier access | 0.5–1.0% | 3–7d | $250K | CA |
| Asia Pacific Investment Bank | ASPMMYKL | Recurring trade | 0.5–1.0% | 2–5d | $300K | APAC |
| Digital Commercial Bank | On Request | Digital onboarding | 0.5–1.0% | 1–4d | $300K | US |
| Credit Foncier IM UND Export GmbH | CFEGDE82 | EU compliance | 0.6–1.0% | 2–6d | $500K | EU |
| Sapelle International Bank Liberia | GNERLRLM | Frontier support | 0.5–1.0% | 3–7d | $250K | Africa |
| Unibanque (UK) | UNBQGB22 | SME corridors | 0.5–1.0% | 2–6d | $500K | UK |
| Al-Amanah Islamic Inv. Bank (PH) | AIIPPHM1XXX | Sharia-compliant | 0.5–1.0% | 2–6d | $250K | APAC |
| Point Bank (UK) | POITGB21 | Agile setup | 0.5–1.0% | 2–5d | $300K | UK |
| ACE Investment Bank (MY) | AIBMMYKL | Rapid transfer | 0.5–1.0% | 2–5d | $250K | APAC |
| Tabarak Investment Capital (UAE) | TIBIAEADXXX | Structured finance | 0.5–1.0% | 2–5d | $250K | UAE |
| United Bank for Investment (IQ) | UNTVIQBAXXX | Regional flows | 0.5–1.0% | 3–7d | $250K | MENA |
| Golden Touch Investment Bank | GTIVMT2LXXX | Custom clauses | 0.5–1.0% | 2–6d | $250K | Offshore |
| QNB (Qatar) | QNBAQAQA | GCC strength | 0.5–1.0% | 2–5d | $1M | MENA |
| First Abu Dhabi Bank | NBADAEAA | Project LCs | 0.5–1.0% | 2–5d | $1M | MENA |
| Emirates NBD | EBILAEAD | GCC trade | 0.5–1.0% | 2–5d | $500K | MENA |
| Standard Bank (South Africa) | SBZAZAJJ | Africa supply | 0.5–1.0% | 3–7d | $250K | Africa |
| Absa (South Africa) | ABSAZAJJ | Regional reach | 0.5–1.0% | 3–7d | $250K | Africa |
| Nedbank (South Africa) | NEDSZAJJ | Trade corridors | 0.5–1.0% | 3–7d | $250K | Africa |
| MCB (Mauritius) | MCBLMUMU | Indian Ocean hub | 0.5–1.0% | 2–6d | $250K | Africa |
| ABC Banking (Mauritius) | ABCKMUMU | SME-friendly | 0.5–1.0% | 2–5d | $250K | Africa |
Need a different corridor? We’ll match a suitable transferring/advising bank for your route.
🛡️ Risk Controls & Compliance
Document Integrity
- Draft review against UCP 600 & ISBP 745
- Consistent goods description (Field 45A)
- Clear, achievable shipment windows
Operational Safeguards
- Invoice substitution rules set up front
- Partial/multiple transfers tracked centrally
- Advising bank alignment before shipments
Compliance
- KYC/AML & sanctions screening on all parties
- Export controls & dual-use checks where applicable
- Audit trail of all SWIFT messages
🧭 MT720 Transfer vs Alternatives
| Instrument | Purpose | Best For | Control | Cost |
|---|---|---|---|---|
| MT720 Transfer | Pass LC rights to supplier(s) | Aggregators/subcontracting | High (first beneficiary) | Low–Mid |
| Back-to-Back LC | Issue new LC against original | Complex multi-party deals | Very High | Mid–High |
| Assignment of Proceeds | Assign proceeds only | Finance without transfer | Medium | Low |
| Red/Green Clause LC | Pre-shipment advances | Working capital before ship | Medium | Mid |
📌 Case Study — Multi-Supplier Textile Export
Challenge: EU buyer issues a transferable LC to a trading house sourcing from 4 factories across two countries.
Solution: NNRV structured an MT720 split across four second beneficiaries with reduced unit prices and harmonized shipment windows. Invoice substitution enabled margin protection.
Outcome: All four presentations complied at first attempt; payment consolidated to the issuing bank with clean audit trail.
💬 Client Reviews (10)
EuroTextiles★★★★★
Four-way transfer executed in 72h. Clear rules on invoice substitution.
GCC EPC★★★★★
Subcontractor transfers aligned with project milestones—zero disputes.
APAC Components★★★★☆
One minor amendment; otherwise smooth and fast.
LatAm Agro★★★★★
Split transfers by harvest windows saved logistics headaches.
Baltic Steel★★★★★
NNRV matched the right transferring bank for our corridor.
Maghreb Pharma★★★★★
Flawless document checklists—first presentation paid.
Andes Infra★★★★★
Back-to-back avoided thanks to a smart transfer design.
Iberia Energy★★★★★
Harmonized shipment dates reduced storage risk.
Pacific Commodities★★★★★
Perfect MT720 wording, no downstream confusion.
Central Africa Mining★★★★★
Multi-country vendor base handled with care and speed.
❓ Frequently Asked Questions (15)
1) What makes an LC “transferable”?
It must explicitly state “Transferable” under UCP 600, allowing the first beneficiary to transfer rights to a second beneficiary.
2) Can I transfer to multiple suppliers?
Yes—full or partial amounts can be transferred to multiple second beneficiaries if permitted by the LC.
3) Can I reduce the price or amount?
Yes. Amount, unit price, expiry, latest shipment, and presentation period may be reduced when transferring (Art. 38).
4) Can goods description be changed?
No, the core goods description must remain consistent with the original LC.
5) What about invoice substitution?
Often allowed for the first beneficiary to substitute their invoice/ draft in place of the second beneficiary’s, if the LC permits.
6) Is confirmation added during transfer?
Usually no. Confirmation status follows the original LC; added confirmation is a separate arrangement.
7) Can a non-transferable LC be transferred?
No. If non-transferable, consider back-to-back LC or assignment of proceeds.
8) How fast is MT720 issuance?
Once the transfer pack is complete, 1–5 business days is typical.
9) What are common discrepancies?
Late shipment, inconsistent packing lists, missing insurance terms, or misaligned transport documents.
10) Can partial shipments be allowed?
Yes, if the original LC allows them and the transfer instructions keep them enabled.
11) Can we amend after transfer?
Yes via MT707; all beneficiaries affected must be managed accordingly.
12) Do you help pick the transferring/advising bank?
Yes. We match the corridor, goods, and timeline to suitable institutions.
13) Are sanctions checks mandatory?
Yes, for all parties and goods; transactions failing compliance are declined.
14) Can proceeds be assigned instead of transfer?
Yes; assignment of proceeds gives payment rights without transferring documentary obligations.
15) What’s the minimum transaction size?
Commonly $250k–$1m per transferred lot, depending on bank and corridor.
📮 Request an MT720 Transfer
This page is informational. Final terms depend on issuer approvals and compliance outcomes.
Why Choose NNRV Trade Partners for MT720 LC Transfer?
🔒 MT720 Structuring & Execution Specialists ✅ Compliance Drafting for Multi-Tier Deals 📄 Documentation Check for First and Second Beneficiaries 🌍 40+ SWIFT Bank Network 📁 Legal & Trade Strategy Support Included💲 Important Notes on Fees
Transfer costs depend on: • Number of second beneficiaries • Volume and complexity of LC • Issuing and advising banks involved 🔹 Speak with our experts for a customized quotation.🧠 Real Testimonials
-
“We handle 10+ factories across Asia. MT720 was the cleanest solution.”
– Alina M., Electronics Assembly Exporter – Malaysia
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“Without MT720, our timeline would’ve broken. Thanks to NNRV, we delivered flawlessly.”
– Nicolas T., Agricultural Export Hub – Senegal
📚 What Makes Us Different?
✔️ MT700 + MT720 Structuring Expertise ✔️ Multibeneficiary Coordination ✔️ Legal + Financial Control Mechanisms ✔️ End-to-End Trade Flow Mapping 📌 From $500K to $50M+ in transferred LC operations❓ Top 5 FAQ – Answered by Experts
- Can I transfer only part of an LC? Yes. You can specify the amount, expiry, and partial shipment terms.
- Can I keep the difference in price? Yes. The first beneficiary can substitute the invoice and retain their margin.
- What if one supplier fails? Each transfer can be managed independently to ensure fallback plans.
- Is this allowed under UCP 600? Yes. Transferable LCs and MT720 are fully compliant.
- Can multiple beneficiaries receive MT720s? Yes. NNRV can coordinate multi-party LC splits.
🔗 Related Services
• Transferable LC • Back-to-Back LC • Supplier Aggregation Structuring • Trade Margin Protection Advisory📖 Strategic Blog Posts
• How MT720 Simplifies Complex Export Chains • LC Transfers vs Back-to-Back LC: Which to Use? • Structuring Tiered Trade Execution Under One LC🚀 Structure Your LC Transfer via MT720 Now!
Simplify multi-tier trade, control payment flows, and empower your suppliers. Let NNRV handle your LC transfer with security and speed. 📩 Book a Supply Chain LC Strategy Call ☎️ Talk to a Structuring Expert | 🌍 100% SWIFT MT720 | ✅ UCP 600 AlignedLC Transfer via MT720
Transfer part or all of a transferable MT700 LC to multiple beneficiaries | Secure & SWIFT-Compliant
Service Overview
MT720 LC Transfer allows a first beneficiary to transfer part or all of a transferable Letter of Credit (MT700) to one or more second beneficiaries via a compliant MT720 SWIFT message.
Ideal for:
- Export aggregators distributing orders to multiple suppliers
- Subcontracting chains where prime contractors transfer LC rights
- Multi-origin supply chains requiring split shipments
Compliance & Standards: ICC / UCP 600 (Art. 38), ISBP 745, SWIFT MT700 / MT720 / MT707, KYC/AML, Sanctions Screening
How It Works
- Original LC issued (MT700) – must state “Transferable”.
- First Beneficiary requests transfer – specifies amount, expiry, presentation period, partial shipment rights.
- Transferring Bank sends MT720 – to one or more second beneficiaries (partial or multiple).
- Second Beneficiary ships – presents documents under the transferred LC.
- Payment flows – advising → issuing bank; first beneficiary may substitute invoice if allowed.
UCP 600 Art. 38 rules:
Can change: Amount, unit price, expiry, latest shipment, presentation period
Cannot change: Core goods description and key LC conditions
Can change: Amount, unit price, expiry, latest shipment, presentation period
Cannot change: Core goods description and key LC conditions
Documents Required
Base Pack
- Original transferable LC (MT700)
- Transfer instruction letter (scope & beneficiaries)
- Commercial flow summary & Incoterms
KYC & Mandates
- First beneficiary KYC & authority to transfer
- Second beneficiary corporate documents & bank details
- UBO / ownership chart if applicable
Banking & Compliance
- SWIFT-enabled coordinates (IBAN/BIC)
- Sanctions screening & red-flag checks
- Invoice substitution policy (if used)
Use Cases
- Export Aggregators: Split one LC across multiple suppliers
- Subcontracting Chains: Prime contractor allocates funds to specialist vendors
- Multi-Origin Supply: Split shipments by location, factory, or season
- Back-to-Back Alternative: Avoid issuing a new LC when the original is transferable
Indicative Pricing
| Item | Typical Range | Notes |
|---|---|---|
| MT720 Transfer Fee | 0.4% – 1.0% | Per transferred amount, corridor & risk dependent |
| Amendment (MT707) | $250 – $1,000 | Complexity-based |
| Advising/Transmission | $150 – $600 | Receiving bank fees |
| Document Checking | $150 – $750 | Per presentation |
Call to Action
Strategic Trade Finance Services
Optimizing Global Trade, Reducing Risk, Maximizing Returns
Service Overview
At NNRV Trade Partners, we provide strategic trade finance solutions designed to optimize international transactions, improve cash flow, and mitigate financial and operational risks.
- Supporting complex supply chains with tailored instruments
- Advising on multi-party financing structures
- Integrating risk management, compliance, and strategic growth
- Maximizing operational efficiency while preserving trade flexibility
Key Strategic Services
| Service | Description | Use Case |
|---|---|---|
| Revolving SBLC Structuring | Renewable payment guarantees that cover multiple shipments or recurring contracts without repeated issuance. | Long-term supply deals, rolling contracts |
| Back-to-Back LC Solutions | Issue a secondary LC against an existing LC to manage subcontractors or secondary suppliers efficiently. | Multi-tier supply chains, subcontracted projects |
| Transferable LC via MT720 | Transfer part or all of a transferable LC to one or more second beneficiaries while preserving compliance. | Export aggregators, multi-origin sourcing |
| Performance & Advance Guarantees | Mitigate risk in projects by ensuring completion or pre-shipment coverage. | Construction, EPC contracts, commodity prepayments |
| Custom Trade Structures | Advisory and implementation of bespoke trade finance instruments tailored to client strategy and cash flow. | Large-scale multi-country projects, high-risk corridors |
| Supply Chain Optimization Advisory | Integration of finance and operational strategy to minimize delays, improve margin, and reduce risk. | Complex export/import networks |
Why NNRV Trade Partners?
- Expert structuring advisory for complex international deals
- Access to a network of 40+ SWIFT-compliant banks globally
- Full compliance with ICC UCP 600 and ISP98 standards
- Transparent fees and risk management guidance
- Dedicated support from document preparation to payment execution
Strategic Advantage: Combining financial expertise with operational intelligence ensures your trade deals are not only secured but also optimized for maximum strategic benefit.
Case Study
Scenario: A multi-country export project faced fragmented supplier payments and high risk of delays.
Solution: NNRV implemented a combined strategy of Revolving SBLCs, MT720 transfers, and Back-to-Back LCs, aligning cash flow and risk management.
Outcome: Seamless execution across 12 suppliers in 5 countries, faster payment cycles, and zero compliance issues.
Risk & Compliance Services
Protecting Your Trade, Ensuring Regulatory Integrity
Service Overview
NNRV Trade Partners provides comprehensive risk management and compliance solutions for international trade, ensuring that your transactions are secure, fully compliant, and resilient against financial, legal, and operational risks.
- Transaction screening against sanctions and AML regulations
- Trade finance compliance with ICC UCP 600 and ISP98
- Documentary checking for Letters of Credit (LC), SBLC, and Guarantees
- Monitoring political, legal, and financial risk in trade corridors
Core Compliance & Risk Services
| Service | Description | Use Case |
|---|---|---|
| KYC / AML Screening | Verify all parties, including beneficial owners, against regulatory lists to prevent fraud and sanctions violations. | All international trade transactions |
| Sanctions & Export Control Checks | Screen transactions against global sanctions, embargoes, and dual-use regulations to ensure compliance. | High-risk jurisdictions, sensitive commodities |
| Documentary Compliance Verification | Audit LCs, SBLCs, MT700/MT720/MT760 documents for adherence to ICC standards. | Letters of Credit, Guarantees, Transferable LCs |
| Trade Corridor Risk Assessment | Evaluate political, operational, and financial risks in specific trade routes before transaction execution. | Multi-country supply chains, frontier markets |
| Internal Controls & Process Advisory | Design risk management frameworks and operational protocols to reduce errors, fraud, and disputes. | Corporate trade departments, export aggregators |
| Audit Trail & Reporting | Provide transparent logs of all SWIFT messages, compliance checks, and transaction approvals. | Regulatory audits, internal review, stakeholder reporting |
Why NNRV Trade Partners?
- Global compliance expertise across 40+ jurisdictions
- Full ICC / UCP 600 and ISBP 745 alignment
- End-to-end monitoring of all trade finance instruments
- Custom risk scoring and mitigation strategies per client
- Swift MT verification and secure documentation handling
Key Benefit: Avoid financial penalties, transaction delays, or reputational risks with our proactive compliance and risk management framework.
Case Study
Scenario: A large exporter was at risk of non-compliance due to multi-country LCs and complex subcontracting chains.
Solution: NNRV implemented KYC/AML screening, sanctions checks, and pre-verification of all LC documents, while monitoring trade corridors.
Outcome: Transactions were executed without regulatory issues, reducing delays and securing multi-million USD payments across 5 continents.
Global Bank Network
40+ Trusted Banks for LC, SBLC, BG, POF & Trade Finance
Our Strategic Bank Network
NNRV Trade Partners collaborates with a robust network of top-tier banks worldwide to structure and issue Letters of Credit (LC), Standby LCs (SBLC), Bank Guarantees (BG), Proof of Funds (POF), and other trade finance instruments. Our partnerships enable seamless execution, multi-jurisdictional coverage, and secure SWIFT operations.
Coverage: Asia, Europe, Middle East, Africa, North & South America, APAC, and Frontier Markets.
Illustrative List of 40+ Banks
| Bank Name | SWIFT Code | Region / Expertise | Typical Instruments | Min. Transaction |
|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Asia, Global | LC, SBLC, BG | $1M |
| BNP Paribas France | BNPAFRPP | EU, Global | LC, SBLC, Confirmed | $1M |
| Mashreq Bank UAE | BOMLAEAD | MENA, Asia | Revolving LC, SBLC | $500K |
| Standard Chartered UAE | SCBLAEAD | Asia-Africa, Trade Corridors | LC, SBLC, Performance BG | $1M |
| Bank of China (HK) | BKCHHKHHXXX | Asia, Sino Trade | LC, Revolving SBLC | $1M |
| UOB Singapore | UOVBSGSG | APAC, SMEs | LC, SBLC | $500K |
| Credit Agricole France | AGRIFRPP | EU, Corporate Trade | LC, Confirmed BG | $1M |
| J.P. Morgan NY | CHASUS33 | Global, USD | LC, SBLC, POF | $1M |
| Citibank | CITIUS33 | Global Correspondent | LC, SBLC, BG | $1M |
| Bank of America | BOFAUS3N | US, USD Corridor | LC, BG | $1M |
| Deutsche Bank | DEUTDEFF | EU, Corporate | LC, SBLC | $1M |
| Société Générale | SOGEFRPP | EU / Africa | LC, SBLC, BG | $1M |
| Standard Bank South Africa | SBZAZAJJ | Africa Trade | LC, SBLC, BG | $250K |
| First Abu Dhabi Bank | NBADAEAA | MENA, Project Finance | LC, SBLC | $1M |
| Emirates NBD | EBILAEAD | MENA Trade | LC, SBLC | $500K |
| MUFG Japan | BOTKJPJT | APAC, Japan | LC, SBLC | $1M |
| Mizuho Bank | MHBKJPJT | APAC, Commodities | LC, SBLC | $1M |
| SMBC Japan | SMBCJPJT | APAC, Manufacturing | LC, SBLC | $1M |
| OCBC Singapore | OCBCSGSG | APAC Trade | LC, SBLC | $1M |
| Rabobank Netherlands | RABONL2U | EU, Agri Supply | LC, SBLC | $500K |
| Barclays UK | BARCGB22 | UK, Intl Trade | LC, SBLC | $500K |
| NatWest UK | NWBKGB2L | Domestic & Intl | LC, SBLC | $500K |
| UniCredit Italy | UNCRITMM | EU Manufacturing | LC, SBLC | $500K |
| Intesa Sanpaolo | BCITITMM | Industrial Italy | LC, SBLC | $500K |
| QNB Qatar | QNBAQAQA | GCC Strength | LC, SBLC | $1M |
| Al-Amanah Islamic Bank Philippines | AIIPPHM1XXX | Sharia-compliant, APAC | LC, SBLC | $250K |
| MCB Mauritius | MCBLMUMU | Indian Ocean Hub | LC, SBLC | $250K |
| ABSA South Africa | ABSAZAJJ | Regional Coverage | LC, SBLC | $250K |
| United Bank for Investment Iraq | UNTVIQBAXXX | MENA, Regional Flow | LC, SBLC | $250K |
| Point Bank UK | POITGB21 | Agile Setup, UK SMEs | LC, SBLC | $300K |
| ACE Investment Bank Malaysia | AIBMMYKL | Rapid Transfer, APAC | LC, SBLC | $250K |
| Tabarak Investment Capital UAE | TIBIAEADXXX | Structured Finance, UAE | LC, SBLC | $250K |