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Business Banking
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Letters of Credit
We provide Letters of Credit to customers who need to guarantee their ability to pay. Some types of Letters of Credit we offer are:
• Standby letters, which are a substitute for a surety bond and provide credit support to our customers for their suppliers and clients.
• Trade letters of credit gives enhanced credit standing to our customers to facilitate their purchasing and sales activities.
We will structure the terms and conditions of Letters of Credit to meet the specific needs of the customer.
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