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What you need to bringRunning a global business can open up great opportunities – as well as new challenges. That’s why we offer services that let you manage your transactions and reduce your risks when dealing with unfamiliar countries and practices.
A Citibank Letter of Credit facilitates import and export transactions. Through this letter, Citi substitutes its own creditworthiness for yours. This assurance makes it easier for you to find overseas companies willing to trade with you. Plus, you can use an import letter of credit to obtain financing for your international purchases when an exporter can’t provide financing.
Facilitates import and export transactions. An import letter of credit simplifies the process of sourcing and buying products from overseas.
Attests that we will pay on your behalf, if and when requested, as long as the required documents are presented.
Facilitates your export transactions. As the seller, an export (or confirmed) letter of credit from Citibank gives you the assurance that you will be paid if you present the required documents according to the terms of the letter of credit.