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Sus Buenos Vecinos Foundation
Import Letters of Credit

Import Letters are international payment mechanisms in which Banco General, on behalf of an overseas client, promises to pay the seller a specific amount of money, provided that certain terms and conditions established by the Bank are met.

Benefits of Import Letters of Credit

  • The Buyer will not have to pay in advance of goods.
  • The Seller must meet prior conditions of payment.
  • Currency flexibility on imports.

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.