The Banks, offshore and onshore, can assist you providing this kind of documents. The letter assures payment to a seller of goods or services, providing certain documents which must be submitted to the bank. Also, thanks to this document it will be proved that the seller has performed the duties specified by the contract or the products meets the demands and of the buyers.  In return for these documents, the beneficiary receives payment from the financial institution that issued the letter.

The letter of credit serves as a guarantee to the seller that it will be paid regardless of whether the buyer ultimately fails to pay.

The Bank will require having a fix deposit equal to the 105% of the value of the Letter of Credit. Further, the Bank will apply some commissions and fees that will vary depending on the case.