As a trader, there will be times when you need to assure your supplier with a Letter of Credit (LC). If you have a transferable LC from your End Buyer, we can transfer it for you without using your credit facility. This can free up your credit resources to generate faster turnaround for your business.

How we can help
Ensure that your End Buyer is willing to provide you with a LC that is transferable and allows DBS to review the terms and conditions. This is to ensure that all the transfer technicalities are available in the LC so that your transfer can take place effectively.