DLC/Usance Letters of Credit

详情

DLC, Usance letter of Credit for Import/Export Commodity transactions.  We issue from a private International Trade bank in New York.  $1 million min letter of credit.  We issue for clients world-wide.  Just issued DLC for a Brazilian company that imported solar panels from Dubai and sold them in China.
Overview:

• $1 Million minimum instrument
• 4% fee for a **0 day term
• Fees are paid directly to the bank
• Instruments are cash-backed
• Delivered via MT**0
• Used primarily for import/export commodity transactions
• Less expensive