Procedure

At Trade Credit Bancorp, we facilitate the issuance of financial instruments including Standby Letters of Credit (SBLC), Documentary Letters of Credit (DLC/LC), and Bank Guarantees (BG) for import-export, project finance, and commodity transactions. Our process is swift, secure, and structured to protect all parties involved.

Required Documents for Letter of Credit (LC) Issuance

Our Step-by-Step Issuance Procedure

  1. Application Review & Initial Meeting
    Our compliance team reviews your complete application. If accepted, we schedule a meeting.
  2. Offer Letter Issued
    We issue a formal Offer Letter with outlined terms and service structure.
  3. Draft Instrument Preparation
    We prepare a draft instrument for your review and third-party verification.
  4. Draft Confirmation
    The signed and stamped draft must be returned to us.
  5. Service Contract & Fee Invoice
    Includes:
    • Pre-issuance invoice
    • Post-issuance invoice
    • Counter-indemnity document
  6. Payment & Indemnity Submission
    On receipt, we proceed with the issuance.
  7. Instrument Issuance via SWIFT
    We issue to the beneficiary’s bank within 72 hours.
  8. Confirmation Copy Sent to Client
    A relay copy is sent via email.
  9. Goods Clearance & Payment
    Client clears goods and makes payment.
  10. End of Transaction

Timeline

Estimated Completion: 5–10 business days

This includes document processing, compliance checks, drafting, and final issuance.

🌟 Success Stories

🏢 Exporter in Asia Secures Global Deal Using SBLC

Client: Textile Exporter, India

Challenge: Faced challenges in securing international buyers due to lack of collateral and credibility.

Solution: Trade Credit Bancorp issued a Standby Letter of Credit (SBLC) backed by reputable international banking partners.

Result:
  • Successfully closed a $2.5 million export deal with a European buyer.
  • Secured two additional long-term contracts within six months.
“Your SBLC solution opened doors we couldn’t imagine. It changed the trajectory of our business.”
– CEO, XYZ Textiles

💼 Real Estate Firm Closes Multi-Million Deal with Bank Guarantee

Client: Real Estate Development Firm, UAE

Challenge: Needed to provide a Bank Guarantee to meet tender requirements for a government infrastructure contract.

Solution: Trade Credit Bancorp structured and delivered a tailored Bank Guarantee within 72 hours.

Result:
  • Secured a $10 million government-backed land development project.
  • Gained long-term credibility with public sector partners.
“The speed and professionalism were unmatched. We’re now on a fast track to expand further.”
– Managing Director, Alpha Developers

🧾 Cross-Border M&A Secured with Escrow Services

Client: Private Equity Firm, Singapore

Challenge: Required a trusted third-party escrow arrangement to manage an $8 million acquisition involving cross-border assets.

Solution: Trade Credit Bancorp served as Paymaster and Escrow provider, ensuring transparent and milestone-based fund release.

Result:
  • Successfully closed the transaction with zero disputes.
  • Built investor confidence for future M&A activity.
“Your escrow solution gave both sides the confidence to move forward. Truly professional.”
– M&A Consultant, Finovate Partners

🌐 Startup Gains Investor Trust Through Due Diligence Support

Client: FinTech Startup, Nigeria

Challenge: Struggled to raise funding due to lack of formal business documentation and due diligence reporting.

Solution: Trade Credit Bancorp delivered a comprehensive due diligence package including KYC, financials, and market verification.

Result:
  • Raised $1.2 million in seed funding.
  • Attracted two international institutional investors.
“Your team’s due diligence package helped us build the trust we needed to scale.”
– Founder, CredItUp Africa

🏭 Manufacturer Optimizes Trade Cycle with SBLC Facility

Client: Heavy Machinery Manufacturer, Brazil

Challenge: Experienced delays in receiving payments from international buyers, impacting cash flow and operations.

Solution: A revolving Standby Letter of Credit (SBLC) facility was provided to secure payment cycles.

Result:
  • Reduced payment delays by 45%.
  • Improved production scheduling and inventory turnover.
“Your trade finance tools gave us the liquidity we needed to compete globally.”
– CFO, MacroMec Industries

🤝 Our Strategic Partnerships

At Trade Credit Bancorp, we believe that strong partnerships drive global impact. Our success is built on a foundation of trusted alliances with institutions that share our commitment to innovation, financial transparency, and client empowerment.

Banking Partners

We collaborate with a select network of internationally recognized banks and financial institutions to deliver secure and credible instruments such as:

  • Standby Letters of Credit (SBLC)
  • Bank Guarantees (BG)
  • Documentary Letters of Credit (DLC)

These partnerships enable us to serve clients across Europe, Asia, Africa, and the Middle East with speed and confidence.

Legal & Compliance Partners

To ensure that all transactions meet global regulatory and compliance standards, we work closely with:

  • Top-tier law firms across jurisdictions
  • Independent compliance officers
  • AML/KYC verification partners

This ensures due diligence, risk mitigation, and full legal clarity in every service we provide.

Escrow & Paymaster Partners

Our escrow services are backed by verified and regulated paymasters who operate under strict fiduciary responsibility. These partnerships help facilitate:

  • Cross-border M&A transactions
  • Real estate deals
  • Import/export settlements

Technology Partners

To enhance digital onboarding, document verification, and client data security, we partner with:

  • Fintech solution providers
  • Cloud infrastructure firms
  • API integration experts

These partnerships allow us to scale securely while delivering a seamless client experience.

Global Trade Advisors & Consultants

Our network of experienced trade consultants and advisory partners supports our clients in:

  • Structuring international deals
  • Negotiating with foreign buyers/sellers
  • Meeting country-specific trade requirements
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