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Less risky than other payment instruments
Irrevocable payment guarantee based on the submitted documents
Facilitates the establishment of new trade relationships with international partners
Management
Opening, amending, verifying documents, and processing payments.
Consulting
Providing consulting services on letters of credit and related operations.
Information
Informing beneficiaries about letters of credit issued by other banks.
Confirmation and presentation
Confirming and issuing letters of credit using client’s or bank’s funds.
