Import Letters of Credit
Concentra can provide your corporate member’s supplier with a written undertaking that they will receive payment upon receipt of the required documentation, within the timeframe specified in the letter of credit.
Standby Letters of Credit
A written undertaking, issued on your members behalf, to a beneficiary to effect payment under stated conditions within a stated time limit and, if applicable, against stipulated documents.
Documentary Collections (Incoming, Exporting)
A method of payment used in international trade where the exporter / importer contracts Concentra Financial to handle the exchange of documents for cash payment.
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