International Trade Finance
This product is designed for importers who are required by foreign suppliers to open Import Letters of Credit in order to purchase merchandise, be it raw materials or finished goods. These import letters of credit may be financed locally through Citibank, NA, or abroad by the foreign supplier, as well as paid at sight against bill of lading. This product is available in all major foreign currencies.
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Legally registered import companies which meet the standards established by the bank.
| Required Documents |
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The same as described for Commercial Loans. |
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Application for the opening of an import letter of credit. |
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