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Trading in unfamiliar markets? Want to ensure that you will receive your ordered goods prior to payment? Then this product best suits you.
What's It All About?

An Import Letter of Credit is a commitment that Maybank will give to pay your supplier on your behalf while goods are still in transit.  Payments to your supplier will only be made if we receive a full set of documents as stipulated in the agreement.

Not only you are using one of the most secured payment methods, an Import Letter of Credit also enables you to enhance your credit position and increase your negotiating power.

Am I eligible for this product?

If you are an importer and is a single proprietor, part of a partnership, or a corporate, then you can apply for an Import Letter of Credit.

How do I Apply?

Kindly prepare the following documents and talk to us on the numbers below.

  • LC Application Form
  • Pro forma Invoice
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  • Trade Loan

    Need funds while waiting to receive payments from the sale of goods? Or would you want to promptly pay your supplier while receiving extended credit terms and improve your cash flow?

  • A proud member of: BancNet and PDIC. Deposits are inqured by PDIC up P1 Million per depositor.

  • Maybank Philippines Inc. is regulated by the Bangko Sentral ng Pilipinas (BSP). For inquiries or concerns, please call our Customer care at (02) 8588 3888, PLDT Domestic Toll-Free number 1-800-10 588 3888, or email at mpi.customerservice@maybank.com.

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