Letters of Credit
The Letter of Credit is a written commitment of payment issued by the bank and conditioned in favor of a beneficiary.
Features
Issuance of main
World currencies
Methods of payment
Demand or time Deposits
Modalities
Import and export
Requirements
- To have an account at Cathay Bank.
- To have an approved line of credit.
- In case of not having an approved line of credit, please contact the Business Department and ask for an Executive.
