Letter Of Credit Service in Delhi

Issuing a Letter of Credit is a task that involves various legal formalities. We are acknowledged as the experts in providing trusted Letter of Credit Services to the clients based in Worldwide. The letter (L/C) is considered as the safest financial instrument available for an Exporter, which ensures that they will get their funds to meet their business requirements. Our professional experts analyze the legal risk, credit risk and other related risks involved in the matter. We have adequate knowledge about the different types of Letter of Credit and their relevance. We will guide about all the likely risks as well as the strategic solutions for them. For any kind of Letter of Credit Service, you can get in touch with us. 

• Usance LC: 90
• At Sight letter of Credit: 90

Credit is a business organization that helps you achieve the dream of growing your business. With experience of more than 20 years,We Help Client with Import/Export Letter of Credit in International trade Payment.

• Service Mode: Offline
• Service Location: All Over India and World
• Industry to Cater: Importers and Traders

Are you looking for a friendly and cost-effective letter of credit services without collateral securities? If yes, it is now easy to manage the Letters of Credit with Vityajaya. The team can help you in boosting the export sales, access additional export markets, cut down the bank charges, and get better cash flow. We understand that handling Letters of Credit can be difficult and it’s important that everyone handling an L/C shipment or creating any L/C documentation is knowledgeable and experienced in the rules and processes. Do you need more assistance on Letter of Credit Services?  Contact us for all types of Letter of Credits.

Banks issue letter of credits to ensure a healthy transaction between a buyer and seller without letting any fraud to take place. Letters of credit are very useful in International trades. A seller is ensured through a letter of credit that if buyer doesn’t pay for the purchased goods within specified time, the bank will pay on behalf of buyer. This is also good for buyer as the bank keeps an eye on whether the purchased goods have been shipped to the customer or not. The supplier is only paid when bank gets the confirmation that goods have been delivered. International trade using Letters of Credit function as per the guidelines of Uniform Customs and Practice of Documentary Credit of International Chamber of Commerce (UCP 600).

We arrange Letter of Credit Services from various banks and with the minimum securities and cash margins at the lowest possible rates. Letter of Credit Services are different financial facilities that are offered by banking institutions. Here, a Bank Guarantee is a type of banking arrangement where bank substitutes its creditworthiness for that of the customer. It is a contingent obligation meaning “depending on happening of an event, which may or may not occur” with 99% of time it is not paid as event does not happen. Always issued on behalf of its customers, the final liability also always falls on the customers. Standby Letter of Credit (SBLC) works as non-fund based financial assistance that is provided to customers through leverage of credit line from bankers using Letter of Credit (LC) Facility. LC is extended to customers with appropriate cash margin.Expertise In Handling Letter of Credit Services :Our company has with it extensive experience in successfully handling the demands of Letter of Credit Services, which can be organized from leading Banks of respective countries. Its team of experienced financial experts also ensures that minimum securities are needed to qualify for facilities of LC or Bank Guarantee.Some of our services features include : Providing BG facilities to sums as desired by customers Rates of interest determined as per bank rates of interest All offers made valid for one month from date of offer No prepayment penalty charges on foreclosure Standard Features Of Letter of Credit Services : Services primarily used in international trading for large transactions between supplier in one country and customer in another Letters of credit ensure transaction proceeds as planned, while bank guarantees reduce loss if transaction doesn't go as planned

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