An Import Letter of Credit can provide your supplier with a guarantee of payment, and often specify shipping and payment dates that coincide with your inventory requirements and cash flow demands.
You can also take advantage of our structured financing solutions that ensure your payments are issued on time and reduce the risks of cross-border importing.
Our fully automated TRADEXPRESS elite1 service provides full import letter of credit services, from application submission through to expiry, and provides all related transactions data electronically for your reports.
Need more information?
Talk to one of our Relationship Managers about Scotiabank’s Corporate and Commercial Banking solutions.
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