Import Letters of Credit

United Community Bank's Import Letters of Credit¹ enable you to pay for imported goods after the exporter complies with certain terms and ships your products. You can use the Import Letters of Credit to finance your international purchases when your exporter cannot provide financing.

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  • Provides a less expensive source of credit
  • Reduces the amount time spent administering your accounts payable function
  • Verifies that documents comply with terms and conditions before payment is made
  • Enables you to negotiate extended trade credit terms 

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¹ Upon credit approval.