Get the added security and control you need when buying from an overseas seller with an Import letters of credit. After all, your business is your livelihood, and secure trade finance transactions help protect it. 

How it works

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What you get

With an Import letters of credit from Barclays, you can enjoy the following benefits:

  • A stronger trading status which helps your credit rating
  • More negotiating power when it comes to the credit period or pricing
  • A higher level of security for both yourself and the seller
  • A safer means of payment
  • Deferred payment terms can serve as a form of credit
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What’s required when you apply
  • Pro-forma invoice
  • Completed BBG L/C Application form
  • Completed Import Declaration form (IDF)
  • Formal letter from customer to open L/C and how it will be funded
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Need more help?

Call:

Tel: +233 (30) 2429150
Toll free: 0800 222333

Email:

service.excellence@barclays.com

Ask an expert