Letters of Credit
A convenient method of cashless settlements on transactions
What is a “letter of credit”?
It is a form of cashless settlements, providing that a bank makes a payment for the benefit of a seller only against the documents evidencing the transaction.
- A secure form of settlements, including real property sale and purchase transactions
- A safe and secure form of settlements when transactions are made with counterparts that are not familiar to you
- Timely payments are guaranteed
- A simple document flow as all documents are executed by the bank
How to get a letter of credit?
Contact the central office of SDM-Bank in Moscow or any branch to make the contract.
Further information is available on +7(495)705-90-90 or 8(800)200-02-23.