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Letter of Credit/ Trust Receipt Loans
A Letter of Credit assures the sellers of payment when issues an LC according to stipulated terms while a Trust Receipt Loan a form of financing for the buyers whereby the bank makes an advance to the buyers to settle an import bill.

OVERVIEW

Whether you wish to purchase goods locally or overseas, a letter of credit can give you an assurance of payment and reduce risks. We can assist you in finding the type that matches your business needs.

Along with competitive exchange rates, a trust receipt loan helps you acquire the funds that match the value of your trade transaction, to ease your cash flow even as your goods are being sold.


Key Features & Benefits

  • Efficient system to meet demands of complex trade agreement
  • Expert financial advice from a dedicated Relationship Manager
  • Hedge against losses from foreign exchange movements
  • Direct links with worldwide trading networks 
  • Easy application via Business i-Banking 
  • Transact with trading partner in preferred currency
  • Negotiable interest rates and charges 
  • Eligibility Criteria
  • Required Documents
  • Fees & Charges
  • Contact
  • Eligibility Criteria

    Eligibility Criteria

    Any company with new or existing Trade facility.

  • Required Documents

    Required Documents

    LC Application/Trust Receipt Form

  • Fees & Charges
  • Contact

    CONTACT
    To find out more,

    Call Corporate Banking Centres

    • 226 8300 ext 8108
    • 333 0650 ext 116/8

    or visit your nearest Baiduri Bank branch.
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Contact our customer support team if you have any further questions. We are here to help you.

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