Letters of credit have appeared almost simultaneously with banks. Their performance is based on the fact that the solvency of an unknown buyer is replaced with the solvency of a well-known bank. SUISSE BANK often has to put itself in place of its clients and give certain liabilities that the payment will be made subject to performance of certain conditions. Such mechanism is called a letter of credit or a documentary letter of credit.
All expanding businesses would know that a letter of credit is extremely important. You need a guarantee from a service provider like us to be completely sure. It is one of the various utilities that help a business grow out of the original country. In other words, a letter of credit is what a company requires to function smoothly in imports and exports of services and products.
If you indulge in international trade, you need a trade financing bank that can work as a financial partner. SUISSE BANK does exactly that. Our speciality is not only competitive fees or world-class infrastructure, but also customer satisfaction. You see, we aim at being authoritative in what we do.
There are various kinds of letters of credit. For example, you might need a documentary letter of credit or an irrevocable letter of credit. It depends on the situation and the kind of business, whether you need you can rely on us. You can be sure that you will get the best trade financing solutions to your business expansion requirements if you choose us because we do not treat you as a client, we treat you as a partner in business and we will be proud to have you by our side.
The requirement of a letter of credit means you need to meet certain conditions for the payment to process. Without us as a mediator, it will be difficult to ensure. You can leave it up to us to take care of it all.
SUISSE BANK is your financial partner for all your trade finance projects.
Please fill out the online writable application. Send us the copy of the application with all the required documents first by email and courier the originals to our postal address:
Reem Island, Marina Square
PO Box 2576 - Abu Dhabi
United Arab Emirates
T: +971 (0) 2 208 3113
F: +971 (0) 2 208 3111
Should you have any queries or concerns, please feel free to contact us.