Letter of Credit Advising | Siam Commercial Bank Myanmar

Letter of Credit Advising

Be notified as soon as an L/C arrives from your customer’s bank. Ensure that each L/C is correct and valid.

Service
Highlights
Benefits

Service

SCBM provides L/C or L/C Amendment Advising service when your customer has agreed to pay via L/C.
Your company must inform its customer to issue or amend the L/C by appointing Siam Commercial Bank as the L/C Advising Bank
When your customer’s bank issues or amends the L/C and notifies SCBM, we will check and authenticate the L/C, notify you, and accept the L/C so that you can proceed with delivery of goods.

Highlights

SCBM can advise for L/Cs from all over the world via our network of partner banks

SCBM can advise for L/Cs from all over the world via our network of partner banks

We advise you via telephone or email as soon as we receive and authenticate any L/C

We advise you via telephone or email as soon as we receive and authenticate any L/C

SCBM Provides safekeeping of the original L/C to prevent loss

SCBM Provides safekeeping of the original L/C to prevent loss

Benefits

Be assured that your L/C is received in full and correct form, which confirms the purchase order
You can use the L/C for SCBM's other related services:
- L/C Confirmation
- L/C Collection
- Export Financing
- L/C Discounting

Related Products

Letter of Credit Confirmation

SCBM ensures payment on L/Cs under risky conditions. Export anywhere with confidence.

Letter of Credit Transfer

Increase liquidity and convenience. Gain flexibility in receipt of payments.

Outward Bills under Letter of Credit

SCBM Helps you collect payment by examining the L/C for conformity with terms and conditions. Your company gets paid promptly and reliably for export orders.