Letters of Credit

International transactions can be riskier than domestic trade transactions. For that reason, Letters of Credit can be key to securing payment under an international trade contract. Letters of credit provide the exporter a guarantee of payment from the importer's bank, if all the terms and conditions of the letter of credit have been complied with, while providing an importer evidence that the shipment has actually been made. Letters of credit, both Commercial and Standby, provide an additional level of "trust" to both domestic and international transactions.

If you have any questions, please feel free to contact the International Banking Department at 1-800-230-5506 (Mon-Fri 8:30am - 5:00pm CST).