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Letters of credit

Documentary letter of credit is an obligation of a bank that opened a letter of credit, to pay to the seller, on behalf of the buyer, the amount provided by the letter of credit once the seller has provided documents within the specified period that meet the terms of the letter of credit and confirm the shipment of goods (provision of services).

Documentary letters of credit are a reliable and flexible payment instrument and are widely used in international settlements worldwide.

PJSC "MTB" provides the following types of letters of credit:

Advantages

Conditions:

Specialists of the bank will consult you on all issues related to the execution of the agreement and assistance of letters of credit.