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.