DLC, Usance letter of Credit for Import/Export Commodity transactions. We issue from a private International Trade bank in New York. $1 million min letter of credit. We issue for clients world-wide. Just issued DLC for a Brazilian company that imported solar panels from Dubai and sold them in China.
Overview: $1 Million minimum instrument 4% fee for a 180 day term Fees are paid directly to the bank Instruments are cash-backed Delivered via MT710 Used primarily for import/export commodity transactions Less expensive Contact me for a quote and procedures at aspen11@epix.net. Thank you.