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Import & Export L/C
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Import Letter of Credit

We, as the bank of the importer, issue an import L/C which implies that our undertaking for account of the importer to pay the value of the goods to the foreign exporter whose bank will advise or confirm the L/C to the exporter. This is provided that the required documents are submitted and they comply with the L/C.

·The following should be provided when we as the house bank of the importer issue an L/C: application form; the contract; import permit; various files as per the foreign exchange control regulation (e.g., application form of purchase exchange, the verification certificate of import payment in foreign exchange, record form of import exchange payment, etc.).

·The following should also be provided when issuing an L/C for the first time: the business license of enterprises; import agency agreement; other certificates.

·As the issuance of an import letter of credit represents a credit of the issuing bank in favour of the importer, the credit needs to be negotiated between us and the customer in advance. The credit decision will be based on the performance of the borrower and/or collateral respectively.

 

Contact Us | Corporate Banking Dept.

Tel | 0049 (0) 69 9714 9517 / 42 (Chinese)

Fax | 0049 (0) 69 9714 9577

Email | marketing@ccbff.de