We can arrange an online account or a Certificate of Deposit at a multi-billion dollar vencap firm. Written Verification of Deposit (VOD) is available, as are account statements and access […]
Want a Letter of Credit? Read our Frequently Asked Questions First.
Can Trade Finance Services offer any other financial services?
YES. See our “Financial Services” page for other services. Alternatively, You can contact Trade Finance Services through our contact page for any further details. A member of our staff will be able[…..]
What is the benefit for a middleman to use our letters of credit?
A middleman has a buyer and a seller. His buyer wants to pay cash against documents or when the goods arrive. The middleman needs to arrange for the goods to[…..]
Why should you use our letter of credits?
A client buying regularly from his supplier is opening letters of credit or making deposits, etc. This means that he is using his own money even before the goods are[…..]
What is the process of applying for a letter of credit with Trade Finance Services?
Fill out our application form After some paperwork, we will be able to provide you with a quote for the fee and a letter of credit draft. Get our letter[…..]
What if its beneficiary rejects the Trade Finance Services letter of credit?
Before paying any upfront fees, Trade Finance Services will give you a L/C draft to send to your beneficiary. Once the beneficiary has accepted the verbiage, you can pay your[…..]
Who can open a letter of credit with Trade Finance Services?
Anyone can open a letter of credit with us for a fee. Your credit rating or standing with the bank or lender has no effect.
What is a letter of credit?
A letter of credit triggers payment to the exporter only after the required pre-determined documents have been sent to a bank or financial institution. If the quantity of products shipped[…..]
Your information will be kept confidential.