Letters of Credit (LC)
Financial instrument issued to guarantee payment to the seller in export and import operations, providing maximum security for both parties.
What are Letters of Credit?
D&D Luxury Services offers Letters of Credit (LC) as fundamental financial instruments in international trade, providing payment guarantee for exporters and security for importers. Issued by banks, they ensure payment will be made upon presentation of correct documents.
Our specialized trade finance team issues Letters of Credit in compliance with the Uniform Customs and Practice for Documentary Credits (UCP 600), ensuring international acceptance and legal security.
Features of Our LC
- Issuance via SWIFT MT-700 and confirmation MT-760
- Full compliance with UCP 600
- Values from USD 1 million to USD 500 million
- Validity period up to 1 year + 1 day
- Acceptance at top 25 global banks
Available Modalities
We offer different types of Letters of Credit to meet the specific needs of each commercial operation.
Irrevocable LC
Cannot be cancelled or modified without consent from all parties involved, offering maximum security to the beneficiary.
Confirmed LC
Confirmed by a correspondent bank in the beneficiary's country, adding an extra layer of security.
Transferable LC
Allows the beneficiary to transfer all or part of the credit to third parties, facilitating triangular operations.
Sight LC
Immediate payment upon presentation of compliant documents, ideal for operations requiring immediate liquidity.
Issuance Process
Our structured process ensures fast and secure issuance of your Letter of Credit.
Application
Submit application with importer, exporter documents and commercial operation details.
Analysis
Complete due diligence, document verification and operation risk analysis within 24 hours.
Issuance
LC issuance via SWIFT MT-700 and authenticated copy delivery to all involved parties.