Corporate Banking

Documentary Credits

Documentary Credits, including Letters of Credit (LCs), Standby LCs and related instruments, facilitate international and local trade by providing payment assurance to exporters and secure access to goods for importers.

Features & Benefits

Reduces risk for both buyers and sellers in trade transactions.
Allows importers to purchase goods on terms acceptable to suppliers.
LCs can be sight or deferred payment depending on agreement.
Standby LCs serve as guarantees for performance or payment obligations.

Eligibility

Importers, exporters and trading companies.
Ability to meet margin and security requirements.
Compliance with trade and FX regulations.

Requirements / How to Apply

Completed LC application form.
Proforma invoice or sales contract.
Required margin/collateral as agreed with ADB.
Supporting company documents and KYC information.

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