Negotiation of Export Letter of Credit

Summary: 

For customers who require post shipment finance against a letter of credit. Funds can be advanced to bridge the period between shipment of goods and receipt of payment, improving business cash flow.

Features

Facility Amount
  • Minimum: $50,000
  • Maximum: No maximum amount
Interest Options
  • Fixed
  • At Call (fluctuates in line with market rates)
  • Rates are competitively priced to purpose, term, current market and security.
Interest Charging
  • Interest is payable at maturity
Term
  • Minimum:On sight
  • Maximum: per term of letter of credit to max of 180 days
Security
  • Fully secured with multiple forms of security accepted.
Currency
  • Available in multiple currencies.

Negotiation of Export Letters of Credit are available to customers with an existing Suncorp International Trade Finance facility and is reviewed on a transaction by transaction basis and subject to approval.