The Documentary Letter of Credit, often designated as LC or DLC, constitutes a formal commitment issued by a financial institution to the seller (beneficiary) of goods or services. Letters of Credit function as a mechanism for facilitating financial transactions.
A Proof of Funds is a document that substantiates the client’s financial capacity. This may be presented in various formats, including bank letters, TELEX or SWIFT confirmations, as well as communications conducted via telephone or fax.
The Standby Letter of Credit (SBLC) and the Bank Guarantee (hereinafter referred to as ‘Bank Guarantee’) provide general assurances of payment.
Metro Bancorp offers a comprehensive suite of solutions and a wide range of financial products specifically designed for corporations, institutions, governments, and entrepreneurs.
Kindly fill out the application form and submit it to our office.
Within a period of 48 hours, we will assess your application and formalize the agreement with you.
You are required to remit the arrangement fee either into the escrow account of a reputable law firm or directly to our organization.
The financial instrument will be issued and delivered to the designated beneficiary.
The escrow agent or the issuer will allocate the fee in accordance with the terms stipulated in the Agreement.
20 Years experience, available 7 days a week, Comprehensive customer care, you’ll get answer in maximum 48 hours, Low premium compared to banks. Our dedicated team is here to provide you with tailored solutions to meet your unique needs. With over two decades of expertise in the industry, we understand the importance of personalized service and attention to detail. Whether you have inquiries about our products or need assistance with your account, we guarantee prompt responses, ensuring that you never feel left in the dark.
We pride ourselves on our competitive rates, offering low premiums that make our services accessible without sacrificing quality. Unlike traditional banks, we focus on creating value for our customers by eliminating unnecessary fees and providing flexible options that fit your budget.
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