Letter of Credit Advising
For the Exporter
RHB Bank facilitates your export transactions by advising Letter of Credits issued by your buyer's banks in your favor. Letters of Credit are advised to you promptly. RHB Bank's extensive network of correspondent agents allows us to authenticate and advise the same Letters of Credit in the most efficient manner. This ensures the authenticity of the Letter of Credit and enables the exporter to prepare for the shipment with confidence. If your buyer's bank is not our correspondent, we will arrange an agency arrangement to facilitate trade between your buyer and yourselves. Once received, RHB Bank will select the most expedient method of delivering the Letters of Credit to you.
Benefits
- RHB Bank's extensive network of correspondent agents allow us to authenticate Letters of Credit
- RHB Bank will select the most expedient means to deliver the Letter of Credit to you
- Letters of Credit may be received through SWIFT, telex, courier or registered mail
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