Letters of credit
- This is just the right product for you if you wish to exercise control over the quality, quantity and timely delivery of your goods purchased
- DCB Bank commits to make payments under the L/C to your supplier, subject to certain terms and conditions being fulfilled
- This is also a globally accepted financing instrument issued in favour of your supplier
- This instrument empowers you to negotiate for better pricing with your supplier
- Comprehensive guidance from our trade experts on the terms and conditions to be specified in the L/C
- Structuring L/C instrument as per your business requirement
- Documentation assistance from our trade experts
- Arranging status reports of your overseas suppliers
- Faster processing of transactions
- Robust network of correspondent banks worldwide to advise your L/Cs faster
- Issuance of Regular L/C, Revolving L/C, Standby L/C, etc. as required by you, for both capital and non – capital goods as well as services
- Competitive pricing and exchange rates
- Booking a forward contract for the import bill payment will protect you from foreign exchange rate fluctuations