Secure Your International Trade Transactions with Documentary Letters of Credit | NNRV TRADE PARTNERS
Ensure Secure & Reliable Global Trade Payments | 100+ LC Secured Projects | Gblobal SWIFT Bank Network Connected
⚠️ Have You Lost a Deal Due to Lack of Payment Guarantees?
Recently, an exporter lost $500,000 because no LC was in place. At NNRV, we structured a tailored LC in 48h, saving their next $3M deal.
Don’t trade on blind trust. Secure every deal with confidence.
🧠 « Without NNRV’s LC, I would’ve lost my biggest contract. Their team is responsive and knows the game. »
💼 What Is a Documentary Letter of Credit?
A Documentary Letter of Credit (LC) is a globally trusted trade finance instrument issued by a bank, ensuring that the beneficiary (seller) will receive payment once all stipulated conditions and documents are fulfilled. It protects both buyer and seller by shifting the trust from the parties involved to the creditworthiness of the issuing bank.
🔒 Risk coverage | 🌐 Global acceptance | 🏛️ Governed by UCP 600
✅ Ideal for:
- New or high-risk trade relationships
- Large international contracts
- Trade between countries with strict compliance rules
Emerging market transactions
How Does a Documentary Letter of Credit Work?
A Documentary Letter of Credit is issued by a bank on behalf of the buyer (applicant) and provides assurance to the supplier (beneficiary) that payment will be made once all specified conditions and required documents are presented. It bridges the trust gap by relying on the creditworthiness of the issuing bank rather than the buyer, making it a crucial financial tool in global commerce.
- The buyer (applicant) applies for the LC at their bank.
- The issuing bank guarantees payment to the seller upon receipt of required documents.
- The beneficiary (seller) ships the goods and submits all documents.
- Once documents are verified, payment is released to the seller.
🔐Key Features of a Documentary Letter of Credit
🛡️ Risk Mitigation – Ensures sellers receive guaranteed payment upon meeting agreed conditions.
💳 Credit Assurance – Sellers gain confidence in receiving payment backed by a bank’s credibility.
📄 Compliance Guarantee – Payment is only released after verifying required trade documents.
🌍 Regulated Under UCP600 – Governed by ICC’s Uniform Customs & Practice for Documentary Credits, ensuring global compliance.
📈 LC vs SBLC vs Bank Guarantee
| Feature | LC | SBLC | Bank Guarantee |
|---|---|---|---|
| Nature | Primary Payment Tool | Backup Guarantee | Contractual Assurance |
| Trigger | Document Compliance | Buyer Default | Breach of Terms |
| Legal Framework | UCP 600 | ISP98 / UCP 600 | URDG 758 |
| Use Case | Trade Settlement | Risk Mitigation | Performance, Tender, Lease |
| Buyer Protection | Moderate | Strong | Very Strong |
| Seller Protection | Strong | Weak unless default occurs | Varies by contract |
📚 Types of Structured Classification Letters of Credit We Offer
🧾 I. Standard Commercial LCs (For Common Trade Transactions)
🧾 II. Risk Management & Protection LCs (For High-Value / Sensitive Deals)
🧾 III. Transfer & Multi-Party LCs (For Trade with Intermediaries or Subcontractors)
- Transferable LC
- Non-Transferable LC
- Back-to-Back LC
- Front-to-Back LC
- LC Transfer via MT720
- LC with Multiple Beneficiaries
🧾 IV. Repetitive or Long-Term Trade LCs
🧾 V. Pre-Shipment & Financing LCs
- Red Clause LC
- Green Clause LC
- Pre-Advice LC (MT705)
- Pre-advised MT799 LC
- LC Requiring Third-Party Inspection Certificate
🧾 VI. Currency & Value-Sensitive LCs
- LC Payable in Foreign Currency
- LC Payable in Local Currency
- LC with Tolerance (+/-) in Quantity or Value
- Divisible LC
- Undivisible LC
- LC with Partial Shipments Allowed
🧾 VII. SWIFT-Based Messaging LCs (For Structured Issuance)
🧾 VIII. Simplified or Cash-Focused LCs
✅ All LCs are customizable to match your contract terms, currency, and country risk profile.
📊 LC Type Comparison Table
| # | LC Type | Best For | Special Use | Risk Coverage |
| 1 | Sight LC | Immediate payment | Simple transactions | High |
| 2 | Usance LC | Deferred payment | Buyer credit terms | Medium |
| 3 | Deferred Payment LC | Staged delivery/payment | Long-term trade | Medium |
| 4 | Acceptance LC | Time drafts | Financing post-shipment | Medium |
| 5 | Negotiation LC | Seller-side banks | Negotiable terms | Medium |
| 6 | Time LC | Date-specific payment | Deferred contracts | Medium |
| 7 | Irrevocable LC | Fixed commitment | Non-cancelable by buyer | High |
| 8 | Revocable LC | Internal buyers | Can be cancelled at any time | Low |
| 9 | Confirmed LC | Risky buyers | 2-bank guarantee | Highest |
| 10 | Unconfirmed LC | Lower-cost deals | One-bank support | Medium |
| 11 | Transferable LC | Trading companies | Transfer to multiple suppliers | High |
| 12 | Non-Transferable LC | Direct suppliers | Fixed to one beneficiary | High |
| 13 | Back-to-Back LC | Subcontracting | Mirror LC based on master LC | Medium |
| 14 | Front-to-Back LC | Integrated trade flows | Multi-step structured deals | High |
| 15 | Revolving LC | Repeat buyers | Automatically replenishes | Medium |
| 16 | Green Clause LC | Goods storage | Pre- + post-shipment financing | Medium |
| 17 | Red Clause LC | Pre-shipment | Advance funding before delivery | Moderate |
| 18 | Pre-Advice LC (MT705) | Deal preparation | Notify seller of incoming LC | Low |
| 19 | Pre-advised MT799 LC | Initial notification | Informal assurance before full LC | Low |
| 20 | LC via SWIFT MT700 | Global bank issuance | Standard format recognized worldwide | High |
| 21 | LC Confirmed via MT710 | Cross-border transactions | Confirmation by a second bank | Highest |
| 22 | LC Advice via MT740 | Advising bank use | Transmission of confirmation | Medium |
| 23 | LC Transfer via MT720 | LC transfer to third party | Used in transferable LCs | Medium |
| 24 | LC Amendment via MT707 | Changes in LC | Modify terms after issuance | Medium |
| 25 | Evergreen LC | Long-term supply | Auto-renewing validity | Medium |
| 26 | LC Callable on Demand | Risk-sensitive deals | Instant drawdown possibility | High |
| 27 | Restricted LC | Controlled trade | Specific advising bank only | Medium |
| 28 | Unrestricted LC | Broad trade flexibility | Any bank may negotiate | Medium |
| 29 | LC Payable in Foreign Currency | International currencies | Payment in foreign exchange | Medium |
| 30 | LC Payable in Local Currency | Domestic trade | Localized payment | Medium |
| 31 | LC with Tolerance (+/-) | Volume-sensitive deals | Flexibility in amount shipped | Medium |
| 32 | Divisible LC | Partial shipments | Deliver goods in parts | Medium |
| 33 | Undivisible LC | Complete shipment required | Single delivery only | High |
| 34 | LC with Partial Shipments | Batch deliveries | Enables staggered fulfillment | Medium |
| 35 | LC Requiring Third-Party Inspection | Quality-sensitive sectors | Ensures independent compliance | High |
| 36 | LC with Multiple Beneficiaries | Joint ventures | Pay multiple suppliers | Medium |
| 37 | Payment LC | Cash settlement | Simple bank payment | High |
| 38 | Renewable LC | Ongoing contracts | Reusable within agreed periods | Medium |
| 39 | Syndicated LC | Large projects | Issued by multiple banks |
📌 Required Documents:
To initiate an LC request, kindly prepare :
- Completed application form
- Pro-Forma Invoice (for Documentary LC) or specific verbiage for SBLC/BG or Final Contract.
- Trade license & corporate documents ( Company Registration )
- List of shareholders & authorized signatories
- Passport copy of the main applicant
- Audited balance sheets (last 3 years)
- Bank statements (last 6 months)
Request a Letter of Credit
In the world of international trade, securing financial backing is crucial for successful transactions. A Letter of Credit (LC) provides a guarantee from a bank that payments will be made to the seller, provided that the delivery conditions are met. This document offers protection to both the buyer and the seller, facilitating trust and reliability in business dealings.
Why Use This Form?
By filling out the form below, you can request specific types of Letters of Credit tailored to your needs. Whether you require immediate payment, deferred terms, or special handling options, we offer a variety of LCs to suit your transaction requirements.
What Information Do We Need?
- Your Name: To personalize our communication.
- Your Email: So we can send you the details and any necessary follow-up.
- Type of Letter of Credit: Choose from our comprehensive list to ensure we provide exactly what you need.
- Amount: Specify the total amount for the Letter of Credit.
- Bank Name: Indicate the bank you’re dealing with.
Get Started Today!
Fill out the form below to receive an instant quote tailored to your requirements. Your financial security in international trade is just a few clicks away!
🛠️ LC Issuance Process:
1️⃣ Submit Required Documents – Initial assessment, eligibility check and due diligence.
2️⃣ Draft Preparation – We prepare an LC draft and share for your review tailored to your deal.
3️⃣ Review & Approval – Modifications are made based on requirements : You Approve the Draft
4️⃣ Invoice & Payment Of Fees – Payment is processed for LC issuance based on transaction value and terms.
5️⃣ LC Issuance via SWIFT – The bank issues the LC, ensuring transaction security : LC is transmitted to the advising Bank.
🏦 Banks That Issue Our LCs
We partner with elite global institutions for trusted LC issuance, including high-value transactions (minimum $1M USD).
Specialized LC Issuing Banks for Various Types of LCs
| Rank | Bank Name | SWIFT Code | Country | LC Types | Amount Range | Term | Issuance Fee | Processing Time | Special Features |
|---|---|---|---|---|---|---|---|---|---|
| TIER 1: PREMIUM BANKS (AAA/AA RATED) | |||||||||
| 1 | HSBC Hong Kong | HSBCHKHHHKH | Hong Kong | Sight LC, Irrevocable LC, Transferable LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $50M | 90-365 days | 1.0% – 4.0% | 5-7 business days | Global acceptance, MT700 format, strict compliance checks, High reliability, global presence |
| 2 | Maybank Berhad | MBBESGS2 | Singapore | Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | – | Immediate Payment, Deferred Payment, Time, Revolving, Renewable | – | – | Strong regional presence |
| 3 | BNP Paribas | BNPAHKHH | Hong Kong | Sight LC, Usance LC, Confirmed LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $100M | 90-365 days | 1.0% – 4.0% | 4-7 business days | European backing, preferred for EU/Asia trade, Global reach, extensive services |
| 4 | Crédit Agricole CIB | AGRIMQMXXXX | France | Confirmed LC, Revolving LC, LC via SWIFT MT700, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $75M | 90-365 days | 1.0% – 4.0% | 5-8 business days | European credibility, strong compliance standards, A-rated, strict compliance |
| 5 | Alior Bank SA | ALBPPLPWXXX | Poland | Sight LC, Deferred Payment LC, Confirmed LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $25M | 90-365 days | 1.0% – 4.0% | 4-6 business days | Strong EU profile, preferred for European commodities, A-rated, strict compliance |
| 6 | Indian Bank | IDIBINBBXXX | India | Usance LC, Irrevocable LC, LC with Tolerance, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $25M | 90-365 days | 1.0% – 4.0% | 5-7 business days | Excellent for South Asian trade, government-backed, A-rated |
| 7 | Israel Discount Bank | IDBYUS33 | Israel/USA | Confirmed LC, LC via SWIFT MT700, Irrevocable LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $50M | 90-365 days | 1.5% – 4.0% | 5-7 business days | Strong US correspondent network, high compliance |
| 8 | Banca Nazionale del Lavoro | BNLIITRRALX | Italy | Sight LC, Acceptance LC, LC Amendment via MT707, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $30M | 90-365 days | 1.5% – 4.0% | 6-8 business days | BNP Paribas subsidiary, strong for Mediterranean trade |
| 9 | China Construction Bank | CCBQHKAX | Hong Kong | Usance LC, Back-to-Back LC, Transferable LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $100M | 90-365 days | 1.5% – 4.0% | 5-8 business days | State-backed, excellent for China-related trade |
| 10 | New York Community Bank | NYBCUS33 | USA | Confirmed LC, LC Payable in Foreign Currency, Irrevocable LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $1M – $25M | 90-365 days | 1.5% – 5.0% | 5-7 business days | US regulatory compliance, good for Americas |
| TIER 2: STRONG COMMERCIAL BANKS (A/BBB RATED) | |||||||||
| 11 | Standard Chartered Bank | SCBLHKHHXXX | Hong Kong | Negotiation LC, Transferable LC, Revolving LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $500K – $25M | 90-365 days | 1.5% – 5.0% | 4-7 business days | Emerging market specialist, strong in Africa/Asia |
| 12 | CTBC Bank | CTCBHKHHXXX | Hong Kong | Sight LC, Evergreen LC, LC with Partial Shipments Allowed, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $500K – $25M | 90-365 days | 2.0% – 6.0% | 3-6 business days | Fast processing, flexible documentation |
| 13 | Dah Sing Bank | DSBAHKHHXXX | Hong Kong | Time LC, Irrevocable LC, LC via SWIFT MT700, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $500K – $20M | 90-365 days | 2.5% – 6.0% | 4-6 business days | Hong Kong/China trade specialist |
| Rank | Bank Name | SWIFT Code | Country | LC Types | Amount Range | Term | Issuance Fee | Processing Time | Special Features |
|---|---|---|---|---|---|---|---|---|---|
| 15 | Credit Foncier Germany | CFEGDE82XXX | Germany | Confirmed LC, Irrevocable LC, LC with Tolerance, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $500K – $25M | 90-365 days | 1.5% – 4.0% | 5-8 business days | European standard compliance, double confirmation |
| 16 | Point Bank UK | POITGB21XXX | UK | Transferable LC, Deferred Payment LC, Red Clause LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $500K – $25M | 90-365 days | 1.5% – 4.0% | 4-7 business days | Flexible terms, UK regulatory framework |
| 17 | Sapelle Intl Bank | GNERLRLMXXX | Liberia | Time LC, LC Callable on Demand, LC Requiring Third-Party Inspection, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 3.0% – 7.0% | 5-9 business days | African trade specialist, resource sector focus |
| 18 | UCO Bank | UCBAHKHHXXX | Hong Kong | Usance LC, Back-to-Back LC, Divisible LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $500K – $20M | 90-365 days | 2.5% – 8.0% | 5-8 business days | Indian government backing, Asian trade focus |
| 19 | Asia Nexus Investment Bank | AINEMY22XXX | Malaysia | Sight LC, Green Clause LC, Syndicated LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $20M | 90-365 days | 2.5% – 7.0% | 4-7 business days | ASEAN market specialist, emerging market acceptance |
| 20 | Mauritius Commercial Bank | MCBLMUMU | Mauritius | Revolving LC, LC with Multiple Beneficiaries, LC Advice via MT740, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $20M | 90-365 days | 2.0% – 5.0% | 4-7 business days | African/Indian Ocean trade, offshore advantages |
| TIER 3: SPECIALIZED & FLEXIBLE ISSUERS | |||||||||
| 21 | ACE Investment Bank | AIBMMYKLXXX | Malaysia | Sight LC, Pre-Advised MT799 LC, LC Transfer via MT720, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 2.0% – 4.0% | 3-5 business days | Fast issuance, email+SWIFT delivery, flexible terms |
| 22 | Standard Commerce Bank | STDMDMDXXX | USA | LC via SWIFT MT700, Payment LC, Non-Transferable LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 2.0% – 4.0% | 3-6 business days | Multi-delivery options (SWIFT/email/paper) |
| 23 | Unibanque | UNBQGB22 | UK | Sight LC, Renewable LC, Front-to-Back LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 2.0% – 4.0% | 4-7 business days | Flexible beneficiary requirements, UK regulation |
| 24 | United Bank for Investment | UTVIQBAXXX | Iraq | Sight LC, Restricted LC, LC Payable in Foreign Currency, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 3.0% – 7.0% | 5-9 business days | Middle East specialist, oil sector experience |
| 25 | Asia Pacific Investment Bank | ASPMMYKLXXX | Malaysia | Irrevocable LC, Confirmed LC, Pre-Advice LC (MT705), Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving |
| Rank | Bank Name | SWIFT Code | Country | LC Types | Amount Range | Term | Issuance Fee | Processing Time | Special Features |
|---|---|---|---|---|---|---|---|---|---|
| 25 | Asia Pacific Investment Bank | ASPMMYKLXXX | Malaysia | Irrevocable LC, Confirmed LC, Pre-Advice LC (MT705), Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 2.0% – 4.0% | 3-6 business days | Double confirmation possible, ASEAN focus |
| 26 | Euro Exim Bank | EULULCL1XXX | Saint Lucia | Time LC, Transferable LC, Evergreen LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $100K – $100M | 90-365 days | 4.0% – 8.0% | 3-5 business days | No collateral required, global acceptance network |
| 27 | Amanah Islamic Bank | AIIPPHM1XXX | Philippines | Acceptance LC, LC Confirmed via MT710, Undivisible LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $10M | 90-365 days | 2.0% – 4.0% | 5-8 business days | Shariah-compliant, specialized for Islamic trade |
| 28 | ABC Banking Corporation | ABCKMUMU | Mauritius | Revolving LC, Transferable LC, LC Amendment via MT707, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 2.0% – 5.0% | 4-7 business days | Offshore benefits, African trade routes |
| 29 | Aktif Bank | CAYTTRIS | Turkey | Negotiation LC, LC with Partial Shipments Allowed, Unrestricted LC, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $20M | 90-365 days | 2.0% – 5.0% | 4-7 business days | Eurasian bridge, emerging market specialist |
| 30 | United Bank for Africa | UNAFMZMA | Mozambique | Sight LC, Green Clause LC, LC with Multiple Beneficiaries, Sight, Usance, Deferred Payment, Acceptance, Negotiation, Time, Irrevocable, Revocable, Confirmed, Unconfirmed, Evergreen, LC Callable on Demand, Restricted, Unrestricted, Transferable, Non-Transferable, Back-to-Back, Front-to-Back, Revolving, Renewable, Syndicated, Red Clause, Green Clause, Pre-Advice LC (MT705), Pre-advised MT799 LC, LC Requiring Third-Party Inspection Certificate, LC Payable in Foreign Currency, LC Payable in Local Currency, LC with Tolerance (+/-) in Quantity or Value, Divisible LC, Undivisible LC, LC with Partial Shipments Allowed, LC via SWIFT MT700, LC Confirmed via MT710, LC Advice via MT740, LC Amendment via MT707, Payment LC | $250K – $15M | 90-365 days | 2.5% – 6.0% | 5-8 business days | : |
| TIER 4 | Exim Bank Tanzania | EXTNTZTZ | Tanzanie | LC, SBLC, BG | $250K – $100M | 90-365 jours | – | SVG/EEB | |
| TIER 4 | Mauritius Commercial Bank | MCBLMUMU | Maurice | LC, SBLC, BG | $250K – $100M | 90-365 jours | – | SVG/EEB | |
| TIER 4 | Maubank Ltd | MPCBMUMU | Maurice | LC | $250K – $100M | 90-365 jours | – | Flexible/EEB | |
| TIER 4 | International Commercial Bank (South Sudan) | ICOCSSJBXXX | Soudan du Sud | Sight LC | – | Paiement immédiat | – | SVG | |
| TIER 4 | Citizens Bank Guyana | – | Guyana | Sight LC | – | Paiement immédiat | – | SVG | |
| TIER 4 | Republic Bank | – | Guyana | Sight LC | – | Paiement immédiat | – | SVG | |
| TIER 4 | Scotiabank | – | Guyana | Sight LC | – | Paiement immédiat | – | SVG | |
| TIER 4 | Standard Bank (Comores) | – | Comores | Sight LC | – | Paiement immédiat | – | SVG | |
| TIER 4 | Slovenská Sporiteľňa | – | Slovaquie | Sight LC | – | Paiement immédiat | – | SVG | |
| TIER 5 | Indian Overseas Bank (Singapour) | IOBAHKHHXXX | Singapour | DLC | $250K – $5M | 90-365 jours | 5% – 6% | DLC uniquement, verbiage strict | |
| TIER 5 | Oxford Intl Bank | – | USA | LC, SBLC, BG, RWA | – | 90-365 jours | 1% – 4% | Instrument via PDF | |
| TIER 5 | Tabarak Investment Capital | TIBIAEADXXX | Dubaï | SBLC, BG, LC | – | 90-365 jours | 0.25% – 2% | Livraison email & SWIFT | |
| TIER 5 | Digital Commercial Bank | – | Dubaï | LC, SBLC, BG, RWA | – | 90-365 jours | 1% – 4% | SBLC > $25B | |
| TIER 5 | Asia Pacific Investment Bank | ASPMMYKL | Malaisie | LC, SBLC, BG, RWA | – | 90-365 jours | 1% – 4% | Flexible | |
| TIER 5 | Merchant International Bank | MCGONZ21/MCGPUS51 | UK/USA | LC, SBLC, BG, RWA | – | 90-365 jours | 1% – 4% | Instrument papier | |
| TIER 5 | PG Asia Investment Bank | AINEMY22 | Malaisie | LC, SBLC, BG | – | 90-365 jours | – | SVG | |
| TIER 5 | Soleil Bank | SCGRUS33 | USA | LC, SBLC, BG, RWA | – | 90-365 jours | – | SVG | |
| TIER 5 | IMB Ltd | – | St. Kitts & Nevis | LC, SBLC, BG, RWA | – | 90-365 jours | – | SVG | |
| TIER 5 | Banco Micro Capital | – | Tanzanie/Global | LC, SBLC | – | – | – | YGC Profile | |
| TIER 5 | Union Banco Credit | – | Zambie/Global | LC, SBLC | – | – | – | YGC Profile | |
| TIER 5 | UOB Global Capital | – | UK/Global | LC, SBLC | – | – | – | YGC Profile | |
| TIER 5 | Acumen Bank | – | Comores | LC, SBLC | – | – | – | YGC Profile | |
| TIER 5 | United Trust Bank | – | UK/UAE | LC, SBLC | – | – | – | YGC Profile | |
| TIER 5 | Credito Agricole Italiano | CRPPIT2PXXX | Italie | Sight LC | – | Paiement immédiat | 1% – 3% | Noté A | |
| TIER 5 | Credito Valtellinese SPA | BPCVIT2SXXX | Italie | Sight LC | – | Paiement immédiat | 1% – 3% | Noté A |
(📩 Other banks available upon request depending on your region or project size.)
📢 All transactions comply with ICC UCP 600 and ISP98 trade finance regulations.
LC ADVANTAGES
- Immediate Payment: Payment is made upon presentation of compliant documents.
- Simplified Process: No need for a draft/bill of exchange, reducing complexity.
- Direct Bank Obligation: Bank undertakes to pay upon document compliance.
- Cash Flow Management: Ensures prompt payment for the exporter.
- Risk Reduction: Minimizes payment delays and default risks.
- Competitive Edge: Enables offering immediate terms to buyers or obtaining from suppliers.
- Capital Equipment Acquisition: Facilitates major purchases with immediate payment.
LC SPECIALIZED STRUCTURES
| Structure Type | Description | Best For | Key Benefits |
|---|---|---|---|
| Standard Sight | Payment upon document compliance | General trade, mid-value goods | Simplicity, immediate payment |
| Transferable Sight | Can be transferred to suppliers/manufacturers | Trading companies, intermediaries | Allows payment term pass-through to suppliers |
| Confirmed Sight | Secondary bank adds guarantee | High-risk countries, new relationships | Reduces country/bank risk for exporter |
| Green/Sustainable | Special terms for environmental projects | Renewable energy, sustainable trade | Preferential rates, immediate payment for green products |
| Supplier Finance Enabled | Integration with supplier financing programs | Supply chain financing | Early payment options for suppliers |
| Multi-Drawing | Multiple shipments against single LC | Ongoing supply relationships | Reduced documentation, consistent terms |
| Project-Linked | Terms aligned with project implementation | Infrastructure, construction | Payment schedule matched to project phases |
LC DOCUMENT REQUIREMENTS
| Required Documents | Purpose | Notes |
|---|---|---|
| Commercial Invoice | Details goods and prices | Must match LC terms exactly |
| Bill of Lading/AWB | Proof of shipment | Clean B/L required, carrier-issued |
| Packing List | Itemizes shipment contents | Weight/dimensions must match B/L |
| Certificate of Origin | Confirms product origin | Often required for customs/duties |
| Inspection Certificate | Verifies quality/quantity | When specified in LC terms |
| Insurance Document | Covers transit risks | Required for CIF shipments |
| Installation Certificate | Confirms equipment setup | For capital equipment/machinery |
| Completion Certificate | Verifies project milestones | For project-linked structures |
| Technical Specifications | Confirms product standards | For industrial/specialized goods |
| Environmental Compliance | Verifies sustainability standards | For green/sustainable structures |
LC ISSUANCE PROCESS
- Comprehensive Application: Submit detailed application with sight specifics.
- Enhanced Due Diligence: Review applicant’s creditworthiness and transaction details.
- Term Sheet Negotiation: Finalize payment conditions and special requirements.
- Structured LC Draft: Review and approve comprehensive LC text with payment obligations.
- Fee Payment & Collateral: Arrange fees and any required security/collateral.
- SWIFT Issuance: LC transmitted via secure MT700 message with sight payment terms.
- Advising/Confirmation: Receiving bank advises and potentially confirms the credit.
- Compliance Verification: Thorough document checking against LC conditions.
- Immediate Payment Execution: Prompt payment upon presentation of compliant documents.
LC TERM OPTIONS
| Term Length | Typical Usage | Industries | Financing Options |
|---|---|---|---|
| Immediate Payment | Standard trade transactions | General merchandise, consumer goods | Discounting, forfaiting |
| Deferred Payment | Extended manufacturing cycles | Consumer goods, electronics | Discounting, forfaiting |
| Time | Seasonal demand cycles | Agriculture, fashion | Inventory financing, seasonal loans |
| Project-Linked | Significant capital projects | Construction, infrastructure | Project finance, bridge loans |
| Complex Manufacturing/Implementation | Heavy |
COMPREHENSIVE LC TYPES OFFERED
Transaction LCs
- Sight LC: Payment made immediately upon presentation of compliant documents
- Usance LC: Deferred payment after document presentation (30-180 days)
- Deferred Payment LC: Similar to Usance LC but without drafts requirement
- Acceptance LC: Bank accepts time draft for payment at future date
- Negotiation LC: Negotiating bank advances funds to beneficiary before reimbursement
- Time LC: Payment made at a specified future date
- Irrevocable LC: Cannot be cancelled or modified without all parties’ agreement
- Revocable LC: Can be amended or cancelled without beneficiary notification (rare)
Risk Management & Protection LCs
- Confirmed LC: Secondary bank guarantees payment, reducing issuing bank risk
- Unconfirmed LC: No additional bank guarantees payment obligation
- Evergreen LC: Auto-renews until specific cancellation notice
- LC Callable on Demand: Can be demanded for payment at any time under specific conditions
- Restricted LC: Limits negotiation to specific bank(s)
- Unrestricted LC: Negotiable at any bank
Transfer & Multi-Party LCs
- Transferable LC: Can be transferred to multiple suppliers/beneficiaries
- Non-Transferable LC: Cannot be transferred to other beneficiaries
- Back-to-Back LC: Secondary LC issued based on primary LC
- Front-to-Back LC: Advanced structure with sequential beneficiary activation
- LC Transfer via MT720: Uses specific SWIFT message format for transfers
- LC with Multiple Beneficiaries: One LC serving multiple parties
Repetitive or Long-Term Trade LCs
- Revolving LC: Automatically reinstated after each drawing
- Renewable LC: Can be renewed for additional periods
- Syndicated LC: Issued by multiple banks sharing the risk
Pre-Shipment & Financing LCs
- Red Clause LC: Provides advance payment to beneficiary before shipment
- Green Clause LC: Finances storage of goods pre-shipment
- Pre-Advice LC (MT705): Preliminary notification of LC issuance
- Pre-advised MT799 LC: Uses MT799 format for preliminary notification
- LC Requiring Third-Party Inspection Certificate: Additional verification step
Currency & Value-Sensitive LCs
- LC Payable in Foreign Currency: Settlement in currency different from issuing country
- LC Payable in Local Currency: Settlement in currency of issuing country
- LC with Tolerance (+/-) in Quantity or Value: Allows percentage variance
- Divisible LC: Can be divided into partial shipments/drawings
- Undivisible LC: Must be drawn in full amount
- LC with Partial Shipments Allowed: Permits multiple shipments against one LC
SWIFT-Based Messaging LCs
- LC via SWIFT MT700: Standard LC issuance message format
- LC Confirmed via MT710: Confirmation message format
- LC Advice via MT740: Advisory message format
- LC Amendment via MT707: Format for LC modifications
Simplified or Cash-Focused LCs
- Payment LC: Simplified structure focused on payment function
SERVICE BENEFITS
- Comprehensive Selection: Access to 30+ global issuing banks across all major financial centers
- Flexible LC Types: All 40+ LC types available to match your specific transaction requirements
- Fast Processing: Typical turnaround time of 3-8 business days from application to issuance
- Competitive Fees: Transparent pricing structure with no hidden charges
- Global Acceptance: Our LC network is recognized by banks worldwide
- No Collateral Required: For qualified clients (subject to approval)
- Customizable Terms: Tailored LC wording to meet specific transaction requirements
- Multi-Currency Options: Issue in USD, EUR, GBP, JPY, and other major currencies
- Expert Guidance: Our trade finance specialists ensure proper documentation and compliance
- Digital Delivery: Swift codes and secure email delivery available for most banks
- Amendments Service: Quick and efficient LC modification when transaction details change
HOW TO PROCEED
- Select your preferred issuing bank and LC type from our directory
- Complete our LC application form with transaction details
- Submit required KYC documentation
- Receive your draft LC text for approval
- Upon fee payment, your LC will be issued via authenticated SWIFT MT700
For urgent requirements or specific issuing bank inquiries not listed, please contact our Trade Finance desk.
🙋 Why 87% of Strategic Exporters Use a Letter of Credit?
- ✅ Secure Payments – Funds are guaranteed by a reputable bank.
- ✅ Build Trust with New Partners – LCs help initiate trade with confidence.
- ✅ Risk Management Tool – Ideal in uncertain economic or geopolitical climates.
- ✅ Access to Credit – Deferred LCs allow for payment flexibility.
✅ Offer Credit Terms – With Usance LC, defer buyer payments
✅ Bank-Level Confidence – Instantly credible in B2B trades
Important Notes💲
LC Charges Depend on:
- Instrument value
- Tenure & repayment terms
- Issuing bank’s policies
🔹 Tailored Trade Finance Solutions Available – Speak with our experts for custom LC structuring.
📊 Did You Know?
- Most Fortune 500 companies use LCs for high-value, cross-border contracts.
- LCs can be structured with third-party confirmation to cover counterparty risk.
- Red/Green Clause LCs allow partial advance funding before shipment.
🧠 Real Testimonials
“We saved our $4M export deal thanks to NNRV.”
— Ahmed B., Textile Importer – Morocco
“They helped us structure our first LC and secure a €1.2M buyer.”
— Lina D., Agroexport – EU
“Professional, fast, and transparent. Best trade finance partner.”
— Farouk M., Construction Materials – Asia
🔎 What You Risk Without an LC
- ❌ No legal safety net
- ❌ Payment uncertainty
- ❌ No leverage with big buyers
- ❌ Higher rejection by banks and partners
❓ Key Frequently Asked Questions
Can I apply for an LC if my company is less than a year old?
Yes. We work with banks that support well-structured deals, even from new entities with the right documentation and upfront payment.How do I know which LC type is best for my business?
We provide a free pre-diagnosis based on your trade contract, jurisdiction, and counterparty to guide the selection.How long does it take to issue an LC?
Typically 1–5 business days once all documents and fees are received.Can I get an advance before shipping?
Yes, via Red or Green Clause LCs. These offer partial funding pre-shipment.Are LCs accepted globally?
Yes, especially when governed by UCP 600 and issued via SWIFT MT700.What happens if documents don’t match exactly?
Banks may delay or reject payment. That’s why NNRV pre-verifies everything with you.Can I use an LC to build credibility with new buyers or suppliers?
Absolutely. An LC shows financial commitment and reduces counterparty risk, making you a more attractive partner.
📦 Industry-Specific Templates & Downloads
📄 MT700 LC Format Template (Free)
🛢️ LC Templates by Sector
📚 Full Glossary: 100 Trade Finance Terms
🔍 Case Studies (Downloadable PDF)
🔐 NNRV Trade Partners — Your Trusted LC Partner
- ✔️ Global Bank Access via SWIFT
- ✔️ Custom Terms & Multilingual Support
- ✔️ End-to-End Structuring & Compliance
- ✔️ Expertise Across 40+ Jurisdictions
- ✔️ LC Issuance From $1M to $100M+
✅ Our Guarantees & Credentials
✔️ ICC Verified LC Structurer
✔️ Anti-Corruption Certified
✔️ “Accepted or Refunded” Guarantee
✔️ SWIFT Partner Access
✔️ Certified in 40+ Jurisdictions
📺 Explainer Video (Coming Soon)Understand LCs in 60 seconds – Animated, subtitled, and client-focused.
🔗 Related Services
📖 Strategic Blog Posts
- How LCs Saved 10 African Exporters from Payment Fraud (Case Study)
- SBLC, LC, or Bank Guarantee: What’s Best for Your Trade Deal?
- Step-by-Step LC Guide: From Application to SWIFT MT700
💬 Ready to Secure Your Trade Deal?
- Don’t risk millions. Secure your contracts with confidence.
🚀Start Your Secure Trade Transactions TodayOur experienced team at NNRV Trade Partners is ready to help you manage your international transactions securely and efficiently. By using our Letters of Credit, you ensure that both parties—buyer and seller—are protected, reducing risk and enhancing trust in global trade.
[Download the Application Form]
Contact us for more information on fees, procedures, and available financial instruments.
📩 Contact our team to schedule your free pre-diagnosis today.
🌍 Trusted in 40+ countries | $1M to $100M+ LC solutions