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L/C Issuance
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When importing goods as well as settling your L/C, you want to choose a trustworthy bank for L/C issuance. Sacombank, with prestige and a wide network of correspondent banks worldwide, will assist you to receive your full set of documents in the soonest period of time.

Requirements

  • Imported goods are not listed as nationally restricted.
  • Customers with good credit status and prestige in making payment.
  • Customers with collateral at the time of applying for L/C issuance

Benefits

  • L/C is issued and transferred to the beneficiary promptly and economically.
  • We offer a flexible depositing basis, subjecting to your scale of using our products and services.
  • You also receive a draft of L/C quickly, which is convenient for your transaction with the exporters.
  • Foreign currencies are always available for your payment and you will have the priority in financial assistance through import trade finance program.
  • Free-of-charge consultancy service.
  • Safety and confidentiality.

Target Customers

  • Any business in Laos with legal competence that choose L/C as their method of payment.

Required Documents

  • Application form for L/C issuance (Sacombank’s template).
  • Sales contract.
  • Foreign currency bid form.
  • Original insurance policy (if under terms and conditions of the contract, the buyer is required to have insurance cover for goods)
  • Feasible business plan
  • Other documents as required.
Contact: for further information, please contact Sacombank (Lao) transaction points
L/C Issuance