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Letter of Credit (LC) service provider Posted by KED on May 07, 2009 at 01:36:36:
We issue documentary letters of credit for and on behalf of our clients supporting their various transactions, including but not limited to real estate, construction, commodities trade, securities trade and many others. Our Letters of Credit are irrevocable and may be issued as transferable with the client as beneficiary or to a third party beneficiary, as ordered by the client. The Letters of Credit we issue, are purely an accommodation instrument and are not for sale or leased. Our Letters of Credit may be issued for a term of 60 days on up to 12 months. As to the amounts under each LC, we do not like to issue Letters of Credit less than USD 400,000 or greater than USD 18.0 million. With regards to issuance charges, the charges are based on the exposure period, transaction type, letter of credit type, wording and the bank we issue from. If further information is required, please contact dimakisk@otenet.gr or dimakisk@bulkinvestors.com along with your full contact details.
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