Secure Trade & Credit Solutions
LBDI Bank provides comprehensive trade and credit facilities designed to facilitate secure import/export transactions and business operations. Our services ensure payment security for suppliers, reduce transaction risks, and streamline international and domestic trade processes for businesses of all sizes.
Services Offered: Letters of Credit, Bank Guarantees, Push & Pull Transfers | Benefits: Security, efficiency, transaction facilitation, risk mitigation
Our Trade & Credit Services
Letters of Credit (LC)
Financial guarantee ensuring payment to suppliers/sellers once agreed terms and conditions are met.
- Payment security guarantee
- Import/export transactions
- Domestic & international trade
- Supplier payment guarantee
- Terms compliance verification
- Risk mitigation for buyers
Bank Guarantees
Written commitment from LBDI assuring payment if your business fails to fulfill contractual obligations.
- Performance guarantees
- Contract bidding support
- Rental agreement guarantees
- Fulfillment assurance
- Business credibility
- Bid security coverage
Push & Pull Transfers
Instant fund transfers between LBDI Bank accounts and Mobile Money wallets for convenient money movement.
- Real-time transfers
- LBDI to Mobile Money
- Mobile Money to LBDI
- Convenient fund management
- Multiple payment options
- Secure transactions
How Letters of Credit Work
A Letter of Credit is a bank’s written guarantee of payment from a buyer to a seller, ensuring that payment will be made upon compliance with specified terms and conditions.
For Buyers
- Payment not due until shipment
- Verify goods before payment
- Document compliance check
- Reduced fraud risk
- Extended payment terms possible
For Sellers
- Guaranteed payment assurance
- Bank-backed security
- Immediate payment upon compliance
- Reduced default risk
- International trading confidence
LC Process Steps
- Buyer requests LC issuance
- LBDI issues LC to seller
- Seller ships goods per terms
- Seller presents documents
- Payment upon compliance
Bank Guarantees – Use Cases & Benefits
Bank Guarantees provide assurance to third parties that your business will fulfill contractual obligations.
Contract Bidding
- Bid security deposits
- Tender participation
- Contract awards
- Government contracts
- Corporate procurement
Performance Bonds
- Project completion guarantees
- Service delivery assurance
- Work quality guarantee
- Timeline compliance
- Client protection
Other Uses
- Rental agreement guarantees
- Import/export licenses
- Customs guarantees
- Court proceedings
- Special arrangements
Application & Processing Process
Initial Consultation & Document Preparation
Application Submission
Credit Assessment
Issuance & Transmission
Secure Your Trade Transactions Today
Whether you’re importing, exporting, or conducting domestic trade, LBDI Bank provides secure trade and credit facilities. Contact our trade finance specialists for customized solutions.
