Import Letter of Credit

Letter of Credit is a written undertaking by the issuing bank given to the seller (exporter) at the request of the buyer (importer) to pay at sight or at a determinable future date up to a stated sum of money within a prescribed time limit and against complying stipulated documents.
Import Letter of Credit

Fee Charge(s)
Issuing Fee 0.125% per month Min. USD100
Swift USD50 flat
Usance Fee 0.125% per month Min. USD30
L/C Settlement Commission 0.20%, Min. USD30
SWIFT Advising Fee USD20 flat
Reimbursement USD30 flat
Amendment Fee USD50 flat (other than validity/amount)

Product Features and Conditions
Type • Confirmed LC
• Sight payment LC
• Time, Usance payment LC
• Transferable LC, etc.
Currency Any Currency
Tenor Up to 12 months
Acceptable Collateral • Cash/Fixed Deposit
• Accept all types of real estate soft/hard title within 25 provinces & cities in Cambodia
• Accept third parties (Corporate or Bank Guarantees)
Benefits
  • Very competitive fee charge(s)
  • Fast approval process
  • Free of charge on property evaluation
  • Free of charge on legal fee
  • Free of charge on CBC checking
  • Able to access transaction banking with more than 60 branches nationwide and can perform Mobile Banking and Internet Banking

Get in Touch

Contact Us

Import Letter of Credit

For further information, please visit your nearest Canadia Bank branch or give us a call at (+855) 23  868 222.

Terms and Conditions, and Canadia Mobile Banking Terms and Conditions apply.

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