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Import Letters of Credit
Essential for any business that purchases goods from overseas,
the Import Letter Of Credit is a conditional undertaking of payment by
a bank for your account. It assures that your seller will be paid only
after they have fulfilled all their documentary obligations. The seller
benefits by the assurance that the bank will pay them once they have presented
the required documents.
California Bank &
Trust offers both irrevocable and confirmed letters of credit, tailored
to your exact requirements. Equally important, we can provide expert assistance
in dealing with complex transactions, particularly with the intricate
procedures to be followed.
To download the pdf documents
to your drive, right click on the document and/or file name and select
“save target as.”
Application
for Commercial Letter of Credit

This form is to be used by an Applicant
(buyer) when applying to IBG to issue a Commercial Letter of Credit.
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Letter
of Credit Security Agreement

This form is to be used by an Applicant for securing
a Letter of Credit with a cash deposit.
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Application
for Amendment

This form is to be used by
an Applicant (buyer) when applying for CBT to Amend an issued
documentary Letter of Credt
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Cargo
Release/Letter of Indemnity

This form is to be used to release cargo prior to
the arrival of the original documents.
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For more information,
e-mail us at IBGInfo@calbt.com
or contact your nearest International
Trade Finance Officer.
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