Documentary Credit
Benefits
- Our operations are carried using the SWIFT system
- Flexibility, for its great diversity of types of commercial operations and services, as much local as international
- Additional financing that BICSA offers if such is necessary for the specific operation, which allows your company to minimize cash flow
- Peace of mind, because of the guarantee that the participation of BICSA lends to the transaction
- The Documentary Credit gives a guarantee to the seller, because a bank is involved in the commercial operation
- This is a completely flexible instrument, which adapts itself to the conditions of the commercial operation or services
Requirements
- A qualified credit line in order to open Documents of Credit
- A request to open a Letter of Credit which can be obtained on the Internet
We facilitate your international trade operations with secure international transactions, providing support and expertise to ensure that your payments and deliveries are made as agreed, without assuming unnecessary risks. Through our Letters of Credit, we help reduce commercial risks, protecting you from possible defaults by your counterparties. In addition, we provide regulatory and documentary compliance, with specialized advisory services to guarantee that all documents meet international standards, avoiding discrepancies. With our support, you gain greater negotiating power and transmit confidence to your suppliers, which may result in better commercial terms.
Further information
To obtain further information on Letters of Credit, write us at this email and one of our executives will communicate with you.
