Letter of Credit

Expand your business opportunities by entering the international market. Our experts understand the complexities of doing business on a global scale and will guide you through the process. 

We offer three types of letters:

• Import Letter
• Export Letter
• Stand-by Letter

Our global positioning and financial strength allow your suppliers to trust that they will receive their payments quickly and in compliance with terms and conditions.

We help you prepare the required documents and comply with the terms and conditions for submitting an export letter of credit. With our solid reputation, you can be confident that you will always receive your payments on time.

In cases where you have been asked to provide a financial or performance guarantee, FirstBank can help you by issuing a stand-by letter of credit on your behalf as payment guarantee to cover performance under a contract or to provide a payment mechanism under a contract.