Export Letter of Credit

Introduction

The Letter of credit is issued by the issuing bank and forwarded to the advising bank where the beneficiary will be having the account. The exporter will be advised by their bank, with or without confirmation based on the confirmation clause of the LC.

Functions

Through e-Banking, the exporter can

• Accept / Reject Amendments Awaiting Acceptance

• View/ Inquire Advised Letter of Credits

• Request LC Transfer

• Request LC Confirmation

Navigation

• Click Export Letter Of Credit in the Trade Finance Services screen.