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- Outward Bill Under Letter of Credit
Outward Bill Under Letter of Credit
SCB HCMC Helps you collect payment by examining the L/C for conformity with terms and conditions. Your company gets paid promptly and reliably for export orders.
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- SCB HCMC offers collection service for an Outward Bill under a Letter of Credit (L/C). After your company delivers the goods and presents the documents to the Bank, SCB HCMC will deliver those documents to the L/C Issuing Bank for payment.
- The Issuing Bank will examine the documents to make sure they comply with the terms and conditions under the L/C. If there is any non-compliance, you can make the amendments needed to prevent a decline of payment.
- When the L/C Issuing Bank sends payment to SCB HCMC, we will inform you and credit the money to your account.
Highlights
Get fast, accurate and reliable assistance from SCB HCMC's experienced personnel, who are ready to assist you in every step of the process
Benefits
- Rest assured that documents presented for payment conform to the terms and conditions under the L/C, reducing risk that payment might be declined
- SCB HCMC follows up on payment collection on your behalf
- Increase your company's liquidity by asking SCB HCMC to buy or buy at a discount the documents presented under the L/C, with or without recourse.
