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Export Letter of Credit
 

Convenient and secure way to receive payment for your export transactions


Our Export L/C Service ensures exporters of payment from your buyers through bank credit commitments. Online L/C advice (amendment) is now available for you to be acknowledged once your online trading is opened with the Bank via corporate internet banking. You are qualified to be acknowledged the contents of letter of credit or its amendment at the time once it is received by the Bank. The service is also suitable for those who wish to secure funding from L/C and customers of ICBC (Thai) trade finance services (i.e. Packing credit, Export Bill Purchase, Export Discounting or Forfeiting).


Features and Benefits

  • You could acknowledge by yourself the status of L/C advice (amendment)  through online trading via corporate internet banking.
  • Payment is guaranteed by the L/C issuing bank. Exporters only need to provide documents that are verified without errors.
  • Regardless from which bank you receive L/C advice, come to our Bank.
  • Experienced specialists will assist you in payment collection once the goods are shipped.
  • Your importer's L/C can be forwarded via email/fax for your review.

  • Conditions

  • You shall open the function of “online trading” with the Bank via corporate internet banking.
  • For faster and more convenient service, your company shall request your buyer to open L/C by appointing ICBC (Thai) as the advising bank.
  • You shall request your buyer to send a fax copy of the L/C opened by its bank, which enables us to check the status and inform you promptly once the L/C/ or its amendment is received.
  • Provide  ICBC (Thai)'s SWIFT Code (ICBKTHBKXXX) and address (11-13 Fl., Emporium Tower 622 Sukhumvit Road, Khlong Ton, Khlong Toei, Bangkok 10110 Thailand) to your buyer for us to receive the L/C / or its amendment via authenticated SWIFT.
  • L/C opening by mail is not recommended since there is a potential risk of forgery.
  • Sanction and high risks countries should be avoided.

  • Apply Now!

    Visit any of our branches nationwide or contact ICBC (Thai) Call Center for more information from our experienced specialists.

    *Please enclose "L/C Advice" when submitting the documents against the L/C.


    Remarks

  • Information herein is for reference only. The Bank reserves the right, at its sole discretion, to amend the terms and conditions.
  • Please refer to announcements, regulations and fee rates posted on the website or at our branches for further details.

  • (2021-11-26)
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