The letter of credit discount could benefit your export business in several ways. After receiving an order from an overseas customer, it can take several months to manufacture the goods and get them onto a ship, at which point you could collect on the letter of credit. With the discount, you get most of the money during the production process, funding your operation. Another way to use the discount involves giving your customer an extended term to pay. For example, you may give the customer 90 days after receipt of the goods, so that company has time to resell your products before the foreign bank must make good on the letter of credit. A&NBK Financial Services LLC gives you the discounted advance so your business does not wait three months to get paid.
The Bank SWIFT Network is the Gold Standard that validates all aspects of this transaction and provides a respected industry platform where a safe settlement can be facilitated. Close your successful transaction with A&NBK Financial Services LLC.