• International Banking
    • Import Letters of Credit

      Import Letters of Credit

      Feel more confident doing business abroad. Import letters of credit from Sarmayeh give your business counterparties confidence that they will be paid, as soon as they comply with the terms.

      • Import letters of credit at a glance
        • An irrevocable payment undertaking by the bank to pay or accept payment on behalf of the client for importing goods or services.
        • Apply for import letters of credit through any foreign exchange branch of Sarmayeh.
        • Sight and deferred payment letters of credit are available.
        • Importer requires a Rial or foreign currency account with Sarmayeh.
        • Rules and regulations apply.
        • Documentation required:
          • original proforma invoices stamped by the Ministry of Industry, Mine and Commerce, together with the order registration form
          • insurance certificate for shipping
          • completed customs clearance and foreign currency undertaking forms

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