Letter of Credit
« Letter of Credit
"Prestige Solutions have actively worked with UK shippers, manufacturers exporters and their Letters of Credit documentation requirements for over 20 years.K"
How Prestige Solutions can help you to ship your goods using a Letter of Credit
Letters of Credit remains the safest method of export payment and the preparation of shipping documents, consular documents and legalised invoices requires a great deal of care and attention to details. Our shipping and banking expertise will smooth the way for a straight forward and speedy transaction ensuring your payments are received by you
Our service includes checking, verifying and consultation on your Letter of Credit (L/C)
- Letter of Credit - requirements prior to shipping.
- L/C – Risk assessment – can you comply with all the terms.
- L/C consultation and instructions.
- Document preparation.
- Bank presentation
- Collection process
- Sight Drafts
- Consular & Legalisation of Documents.
Many shippers fail to identify and understand the payment cycle for shipments made on Letter of Credit basis and are understandably confused and worried at the length of time between the shipment date and the receipt of funds from the bank.
Let us check your documents and give you our advice, free of charge, for those using our freight forwarding services.
For a an excellent overview of the whole procedure please see the entry on Wikipedia here
For a no obligation advice or a free quote CALL +44 1316182349 - or get an online quote