SUISSE BANK PLC – Making International Trading Seamless with Letters of Credit

The answer is – a letter of credit.

SUISSE BANK PLC is a globally-recognised offshore banking institution, helping businesses engage in profitable and hassle-free foreign trading experiences. Having built a good reputation in the banking and trade finance industry, the organisation emerges as a preferred banking partner for a wide range of financial instruments that aid in international trading. Of these, a letter of credit is one of the most powerful tools that global companies can use to expand their business overseas by mitigating the risks. What is a Letter of Credit? LC is a complex financial instrument that protects the interests of both the buyer and the seller. It is ideal documentation when both the parties are new to trading and the risks associated with the supply of goods and fulfilment of payment are covered by a reputable banking institution. SUISSE BANK PLC is a trusted banking partner for international trading, offering two primary types of LC – Standby Letter of Credit (SBLC) and Documentary Letter of Credit (LC).