Business Banking
Trade Finance
Letter of Credit
Import: Letter of Credit
PPCBank issues a Letter of Credit on behalf of a buyer to the seller to ensure accurate payment when the seller has completed and complied all conditions of the contract in the Letter of Credit.
Export: Letter of Credit
PPCBank advises, confirms, and negotiates on credit documents issued by the buyer’s bank. PPCBank checks the terms and conditions in the sale contract and makes claims to the payment.