Letter of Credit
Consider a Transferable Letter of Credit to facilitate two-way trade transactions while you save time and resources.
Our experienced team work alongside you to understand and support your business by providing trade finance solutions and services to facilitate your domestic and/or international trading activities.
Secure your deal with your beneficiary by leveraging MCB’s reputation and assurance of payment on your behalf upon the presentation of complying documents by the supplier.
As a trader, your main concerns are:
Consider a Transferable Letter of Credit to facilitate two-way trade transactions while you save time and resources.
You can secure the goods with your buyer's letter of credit as collateral. Issue a letter of credit and secure the goods. Your buyers' and sellers' identities are not revealed.
As a seller, your main concerns are:
Export your goods with peace of mind by securing payment from your buyer subject that the documents comply with UCP 600 and letter of credit.
Proceed with the shipment of your goods while ensuring your export document reaches your buyer upon payment or commitment to future payment.
Secure your deal with your buyer by leveraging MCB’s reputation and assurance of payment on your behalf upon the presentation of complying documents to the buyer.
Use the DHL - MCB Shipment Tracking System to check the status of your trade documents. Click here