NotiPass_80%K-Trade Connect will be closed on December 11, 2019 at 10:00 p.m. and resuming services on December 12, 2019 at 02:00 a.m. $More Details.%/en/announcement/Pages/SystemMaintenanceK-Trade-Connect.aspx
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Import L/C Issuance
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Quick L/C issuance for international business needs.
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Get L/C number within 10 minutes, a copy within 5 hours.
Choose to request via :
- Internet Banking (K-Trade Connect)
- International Trade Service Center
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Quick & easy L/C issuance.
Via internet banking (K-Trade Connect) and International Trade Service Centers.
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Service Details
| Procedure of L/C Issuance |
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- Importer requests for a credit line, i.e., L/C or L/C-T/R
- Upon approval, request a letter of guarantee and enter a collateral mortgage contract, and pay related expenses and fees
- Submit an application for issuing an irrevocable letter of credit together with required documents
- Receive a copy of L/C and receipt
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| Procedure of Import Payment under L/C |
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- The bank advises importer of the arrival of import documents and discrepancies (If any)
- Importer make payment or L/C acceptance in accordance with payment terms and conditions
- Once payment is made, the bank will endorse the shipping documents to transfer ownership of goods to importer
- As for L/C with due date, when importer accepts the L/C and submit the trust receipt form, the bank will endorse the transfer of ownership of goods to importer for receiving of goods along with import documents. The bank will advise the exporter’s nominated bank of the payment due date; then, the bank will pay the nominated bank and collect payment from importer on the due date
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| Procedure of Import Deferred Payment under L/C |
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- Importer requests a trust receipt (T/R) before using the service
- The bank advises you of the arrival of import documents, and discrepancies (if any)
- The bank sends a bill of exchange (B/E) to importer to accept according to payment terms, and sign the trust receipt (T/R)
- The bank endorses the documents to transfer ownership of goods to importer for receipt of goods, and notifies the exporter’s nominated bank of the payment due date. The bank will make payment to the exporter’s nominated bank and collect payment from importer on the due date
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How to Apply
| Qualifications |
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- Importers must have a credit line with the bank e.g. an L/C, T/R, or L/C loan
- Importers must have a deposit account with the bank in Thai baht or foreign currency
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Key Features
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Service Details
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How to Apply
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