Letters of Credits (LCs) Facilities
Megafin Capital facilitates LCs services for Exporting, Importing, Trading and Manufacturing companies
operating in Dubai, UAE, Middle East, Africa, Asia and elsewhere.
We facilitate the best rates in the market, fast, efficient and qualified service, simple procedure and documentation.
We arrange all kinds of LCs and assist our clients withSight LCs, Usance LCs, Conditional LCs, Back to Back LCs, Islamic Bank LCs, Gold Import LCs, Transferable LCs, SBLCs ( Stand-by LCs ), BGs (Bank Guarantees),
Deferred Payment, Import and Export Refinancings
Discounting of LCs
Confirmation of LCs, Addition of Soft Confirmation (Field 49 - adding another bank’s confirmation), RPA
We can assist with already issued LCs through transfer of LCs, assignment of proceeds or LC amendments.
Please contact us with following 4 basic details of each LC, either already issued or being issued and we will quote the pricing.
1. Issuing Bank
3. Tenor @sight / 90-120-180-360 days Usance
Indicative PricingConfirmation Charge : 1% per quarter
Payment Fee : 0.2% to 0.6%
LC advising Fee : US$ 250
Back to Back LC Fee : 0.6% to 0.8%
We deal with LCs in USD, EURO, AED and other major currencies.
LCs practically from any bank and country can be looked into including but not limited to Banks in GCC Countries, Western Europe, India, China, Pakistan, Iran, Iraq, Yemen, Vietnam, Sudan, Ethiopia, Lebanon, Syria, Turkey, Jordan, Egypt, Algeria, Libya, Morocco, Tunisia, Ghana, South Africa, Russia, Kazakhstan, Ukraine, Brazil, Argentina, Venezuela and many other (more than 100+) countries.
We can assist to handle LCs from Iran and Sudan.
We can accept all major Bank's LCs from Iran for Foodstuff and Medical supplies only.
Please write to us for further details, procedure, costing and documents requirements.