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Personal Banking
Business Banking
Digital Banking
MTB Bank’s Export Letter of Credit offers robust protection and assurance for your international trade. With our reliable guarantees, you can secure prompt and guaranteed payments, minimizing risk and facilitating smooth cross-border transactions.
Benefit
Exports can boost sales and profits by creating new markets or expanding existing ones. This can even lead to capturing a significant share of the global market. By diversifying into multiple markets, exporting companies can spread their business risk.
Require Document
Advising Commission | Â USD 30 (or) Equivalent (EUR)/(SGD) + USD 10 for SWIFT Charges |
Amendment Advising Commission | Â USD 25 (or) Equivalent (EUR)/(SGD) + USD 10 for SWIFT Charges |
L/C Cancellation Charges | Â USD 25 (or) Equivalent (EUR)/(SGD) + USD 10 for SWIFT Charges |
Bill Handling Commission | 0.5% on Bill Amount(Min USD 50 (or) Equivalent (EUR/SGD) + USD 10 for SWIFT Charges |