LC and Bank Guarantee
When your company is involved in the import or export trade, having a business partner that facilitates your global business activities is of vital importance. To minimise the risk on transactions, M&C’s custom-built professional trade finance products keep your company at the top of its game.
With a letter of credit (LC), the buyer’s bank guarantees payment to the seller if certain criteria are met. And with a bank guarantee your obligations to third parties are ensured
Importers and exporters can also use a letter of credit to obtain financing. An exporter, for instance, can obtain funding from his local bank to manufacture the goods as this bank is assured that payment will follow when the documents are presented under the credit.
Our trade finance experts acquire a fundamental understanding of the way you do business so we can offer advice tailored to your specific situation. All our Bank Instruments come from top rated banks in the Netherlands.
For more details, please reach out to us on firstname.lastname@example.org