Documentary settlement services

Documentary LCs are one of the most convenient and widely used payment methods in foreign trade.

A letter of credit represents a commitment of the issuing bank to perform payment of a certain amount to the beneficiary (vendor, exporter) on instructions of the client-applicant (buyer, importer) within the period specified in the LC against provision of appropriate documents by the beneficiary .

JSC JSCB International Financial Club offers a full range of documentary settlement services:

  • letters of credit;
  • guarantees;
  • collection.