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Letter of Credit (LC)

Letter of Credit (LC)

Simplify your global trade with FTB Letters of Credit—flexible options, clear fees, and trusted support for every transaction.

Types of Letter of Credit

  1. Import Letter of Credit
  2. Export Letter of Credit
  3. Confirmed Letter of Credit

  1. Transferable Letter of Credit
  2. Standby Letter of Credit
  3. Back-to-Back Letter of Credit

  1. Discount Letter of Credit

Pricing/Fee

Issue Letter of Credit

  • 0.10% per Month, Minimum USD 30+ Swift USD 50

Amendment

  • 0.10% per Month, Minimum USD 15 in amount and validity + Swift USD 50
  • Swift USD 50 for other amendments

Cancellation/Acceptance Letter of Credit

  • USD 50 per Transaction

Settlement Letter of Credit

  • 0.15%, Minimum USD 15+ Swift USD 20

Advice Payment

  • USD 20 per Transaction

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