Chamber International

 

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Navigating the letter of credit minefield

Are the banks picking holes in your Letters of Credit? What happens when your export staff are unavailable to deal with them? Turn to us instead. Rather than risking cost, delay and lost orders, contact our highly experienced documentary credit team to solve the problems. Our specialists check hundreds of millions of dollars worth of credits every year. We've slashed bank query rates from one in five to just one in eighteen.

"A bank rejected one company's documents on ten different grounds," says Chamber International's Mike Strawson.

"We challenged the bank and every single objection was overturned. So from risking non-payment and excess charges the company got paid promptly with no additional bank charges.

"One firm prepared documents against a large letter of credit but the only member of staff capable of doing it went sick. They risked not being able to despatch goods and not being paid. They turned to us and we were able to resolve all the problems."

So can you for just £59 plus VAT. 

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