Export
Letters of Credit
Export letters are a primary
payment mechanism in which Banco General, on behalf of the client, promises
to pay the seller a specific sum of money, provided that certain terms
previously established in the contract are met.
Benefits of Export Letters of Credit
- Shipping documents are handled by the Bank
- Minimizes the risk of nonpayment
- Repayment assurance
View
details on your Letters of Credit through our On-Line Business Banking (Banca en Línea Comercial) service,
24 hours a day, from anywhere in the world.
Take advantage of our
Letters of Credit today and provide your company with more opportunities to
grow! Call (507)303-5001 and our experienced Foreign Trade staff will guide you
towards the best financial alternative for your business.
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