We provide a host of solutions to meet your international business requirements and safeguard your business by mitigating your trading risks and improving your ability to trade overseas. Our specialized export solutions are designed to offer both importers and exporters a degree of security from commercial risks, and are governed by the conventions of international trade.
Export Letters of Credit are a recommended solution if you are selling and you want to ensure payment for your goods, especially if you are dealing with a new market, country or trading partner.
Loydes Bank Fund for Development have recently signed a cooperation agreement to support national exports and help the exporters to compete in foreign markets by confirming letters of credit which guarantees payment if your buyer’s bank defaults.
We provide comprehensive services for the handling of LCs in your favour routed by your buyer bank through Loydes such as;