Frequently asked questions
Trade finance service
How an Importer can benefit from using LC?
- Receive goods in time, as stated in the contract;
- Making payment after goods arrive or after the shipment;
- To be able to negotiate with the Exporter to extend the payment term;
- Safe in terms of legal protection, as it is regulated by the Uniform Customs and Practice for documentary credits;
- It is less costly in comparison to lending;