A Letter of Credit is a conditional payment mechanism under which the issuing bank irrevocably promises to pay the seller/supplier if presented documents comply to the LC’s terms and conditions.

Product Benefits:

1. KFH global network of correspondent banks.
2. Compliant to sharia principles.
3. Effective communication with our trade finance experts.
4. Competitive processing fees.

Fees:

KFH Tariff list: CLICK HERE.

Eligibility:

1. Kuwait Finance House Clients.
2. Correspondent banks after applying the internal procedures.

Terms and Conditions:

1. Account in Kuwait Finance House in case negotiation of document is required.
2. Official LC received via SWIFT.
3. LC terms and conditions subject to not violate KFH internal policies.

Application:

Application for Export Bills under Letter of Credit.