Unlock the LC Process: Fast, Clear, and Secure!

Process for LC:

1.⁠ ⁠Get the LC request application form filled if your client is agreeable to our standard LC draft or else LC draft required by the beneficiary bank to be sent for us to approve the draft and then prepare the same in our letter head and swift copy for approval.

2.⁠ ⁠Once the draft is approved to affix the sign and seal from the applicant of LC to send it to us for further processing along with Letter of Interest and bank statement.

3.⁠ ⁠Indemnity documents, Board resolution, Bill of exchange, Source of funds will be released.

4.⁠ ⁠To complete the indemnity documents and on confirmation that documentation is complete, they need to make the issuing charges payment as per the invoice issued.

5.⁠ ⁠Once the payment is credited in our account, we will issue the physical copy LC can be couriered if required and do the swift parallelly within 3-5 banking days and share the copy.

Should you have any queries regarding the process, feel free to contact us.
Abdoul.ouedraogo@euroeximbank-sales.com