Provided by our appointed partner Synergy in Trade.
Letters of Credit are the most secure means of getting paid in international trade transactions and are often very complex. A letter of credit guarantees payment for goods shipped provided you meet all its conditions.
Up to 65% of documents are rejected on first presentations to banks. Success is dependent on your ability to present accurate shipping documents to the bank which strictly meets the terms and conditions of the letter of credit. Get the documents wrong and you face delays in payment or in some cases no payment. Can you afford to take that risk?
Using the Chamber Letter of Credit service with our appointed partner Synergy in Trade will take away the worry from you. You will be able to access part or all of the service as suitable to your business.
With years of experience in international banking, specialising in Letters of Credit Synergy in Trade will provide:
As a chamber member you will benefit from an excellent service at a 10% discount off the marked price. There will be a choice of four service
What the Letter of Credit Service can do for you: