Obviously they will have to be customized on a case-by-case basis. The uses are multiple, import, project implementation, installment payments, to obtain credit lines, and further uses. For each individual case we need to first know the customer’s needs, on which we will advise on feasibility and the most suitable procedure. The banks from which we can take care of the issue are also different.
The “stand-by” letter of credit originated in the United States as a unilateral promise of payment for the purpose of being used as a security for the correct execution of an underlying commercial contract. We have various possibilities with affiliated banks for customizable operations
A proof of funds is a document that demonstrates that a person or company has the financial ability to execute a transaction. The pof can be issued by a bank, a financial institution or a trade finance institution.
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