A Letter of Credit (L/C) is a financing vehicle that essentially substitutes the credit strength of the bank for that of your company. Dollar Bank issues Standby L/Cs to support third party loans, performance guarantees and other obligations of your company. Documentary L/Cs to support domestic and international trade are issued either as a direct obligation of Dollar Bank or as an indirect obligation through one of our international banking correspondents. If you are interested in international trade, please contact us.

 

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