Quick L/C issuance for international business needs.

Get L/C number within 10 minutes, a copy within 5 hours.

Choose to request via :

Via internet banking (K-Trade Connect) and International Trade Service Centers.

Procedure of L/C Issuance
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

Procedure of Import Payment under L/C
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

Procedure of Import Payment under L/C

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

Procedure of Import Deferred Payment under L/C
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

Procedure of Import Deferred Payment under L/C

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

Qualifications
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

Required Documents
Application form for issuing an irrevocable letter of credit Sales Contract Purchase Order Proforma Invoice or Order Confirmation