Now you can develop business relationships with overseas suppliers more easily. Letters of credit (LCs) issued by Aman
Bank provide security to both the buyer and supplier.
- Aman Bank acts on behalf of your business as the importer
- Reassurance of payment to suppliers for goods and services
- Payments made within a prescribed time limit against compliant documents
- Comfort that payments will only be made on receipt of required documents
There are two types of letter of credits, Local or External:
Local Letter of Credits:
Aman bank issues local letter of credits at the request of our customers for the benefit of local beneficiaries to guarantee the contractual relationship between them.
External Letter of Credits:
There are two types of the External letter of Credits:
External Letter of Credits for the purpose of import
Aman bank issues External letter of credits for the purpose of import at the request of our customers for the benefit of External beneficiaries to guarantee the contractual relationship...