thailand. We provide Trade Finance Services – Letter of
Credit, Standby LC or Bank Guarantee.Letter of Credit (LC) is an
arrangement in which bank guarantees payment in agreed currency on
behalf. Seller would require presenting certain documents that
comply with all LC terms and conditions. This arrangement allows
the security of payment to the seller and assurance of safe
transaction to the buyer.
Letter of Credit
ROYAL BANK PACIFIC - We are best Trade finance company in
thailand. We provide Trade Finance Services – Letter of
Credit, Standby LC or Bank Guarantee.Letter of Credit (LC) is an
arrangement in which bank guarantees payment in agreed currency on
behalf. Seller would require presenting certain documents that
comply with all LC terms and conditions. This arrangement allows
the security of payment to the seller and assurance of safe
transaction to the buyer.How does it work?LC is a conditional
guarantee of payment in that bank guarantees payment only if
specified conditions or terms of credit are met. These conditioner
s must be agreed upon by both exporter and importer. Also,
all necessary documents, including bills of exchange, insurance
certificate, packing list, inspection certificate, commercial
invoices and transportation bills, must be provided with the
shipment.Link text
