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Letter of Credit (L/C)

Shimanto Bank PLC offers a comprehensive range of Letter of Credit (Foreign/Local - Sight/Deferred/UPAS) services designed to facilitate your international trade transactions efficiently and securely. Our services include:
-L/C Opening, Negotiation and Discounting
-L/C Advising, Confirmation and Reimbursement
-Foreign Exchange Services

As per the Bank's prevailing Schedule of Charges, applicable interest/commission rate/profit rate and approved terms.

Eligible corporate customers engaged in legitimate import, export or domestic trade activities, subject to the Bank's credit and trade requirements.

Trade license, TIN, BIN/VAT registration, IRC/ERC where applicable, Proforma Invoice/Indent, L/C application and related supporting documents, financial statements and other documents as required by the Bank

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