Import Letter of Credit

In case of an import letter of credit the bank issues a letter of credit on the recommendation of the buyer (importer). Import letter of credit is one of the most popular tools for conducting international trade transactions.

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Title if you need
Description if you need
1. Letter of credit prior notice AMD 25,000
2. Issue of letter of credit Issue of letter of credit 0.15% of the letter of credit amount, at least AMD 50,000
3. Confirmation of letter of credit by a third bank tariff applied by the third bank
4. Deferred payment by contract
5. Acceptance of transferable bill of lading by contract
6. Checking documents AMD 50,000
7. Change in terms of letter of credit AMD 25,000
8. Withdrawal of letter of credit without the approval of a third bank AMD 50,000
9. Withdrawal of letter of credit with the approval of the third bank third bank tariff + AMD 50,000