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Letter of Credit

Based on the concept of Wakalah, Letter of Credit provides a guarantee to the beneficiary for the payment against it on behalf of the customer, with fixed fees.

Types of Services:

  • Import Documentary Credits.

  • Export Documentary Credits.

  • Standby Documentary Credits.

  • Inward Documentary Collection.

  • Outward Documentary Collections.

Letter of Credit Letter of Guarantee Advance Against Import Term Finance Against Import