A Letter of Credit (LC) is an agreement issued by the importer’s bank to ensure the exporter is paid, provided the terms of the LC are fulfilled. Deferred payment export LC discounting is available at 100%, regardless of the amount.
Who it is addressed to
Deferred payment import/export LC discounting is addressed to:
- Importing businesses that carry out transactions with LCs.
- Exporting businesses. The businesses receive or may receive deferred payment LCs from foreign banks with which we maintain approved limits or are able to establish credit lines.
Benefits for your business
- Liquidity and improved financials (balance sheets, ratios).
- Effective risk management (country, bank risk).
- Attractive terms for buyers through the provision of extended commercial credit.
Find out more
For further information about the financing, conditions the application process, contact us by email at:
Trade_and_Supply_Chain_Finance@eurobank.gr