Who are they for?
Most frequently, Letters of Credit are used for those enterprises and entrepreneurs engaged in trade.
What do Letters of Credit entail?
A way of securing payment, Letters of Credit are used when the buyer and seller in a trade have signed off on their contract. The buyer's financial institution creates the Letter of Credit for the seller.
Why choose United Bank?
In addition to Letters of Credit themselves, United bankers offer additional experience, advice, and credentials in this area. We'll give you precise breakdowns of costs; clarify possible pitfalls; and advise you, if needed, throughout the Letter of Credit process.
