Meeting the international needs of your organization requires high-quality competitive and personalized services. Credit Libanais’ wide range of International Banking Services includes Trade Finance and International Money Transfer. Our global network of correspondent banks allows us to assist you in conducting your international transactions whether it is importing, exporting or transferring money. |
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Trade Finance |
Money Transfer |
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| Trade Finance |
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For our corporate customers, we have a comprehensive range of trade financing products and services to cater for import and export trade.
Letter of credit import
Credit Libanais offers a broad range of credit and trade finance services designed to help importers bring goods into Lebanon. At the same time, we assure payment to the seller in the exporting country. Whether you are anticipating your first transaction or you are an experienced trader, our specialists can answer all your questions and advise you on the best trade solutions.
Our service covers:
- Import letter of credit
- Documentary collection
- Guarantees and standby letter of credit
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| Letter of Credit Export |
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Exporters must always consider that a foreign buyer may present a credit risk. If you are selling products and services outside Lebanon, there are several payment options available to help limit your financial risk and improve your cash flow.
Our services cover:
- Export Letter of Credit
- Documentary Collection
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| Money Transfer |
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| One of the common modes of remitting funds is SWIFT transfer. It is essentially a mode of payment via cable, directly crediting the beneficiary’s account. As such it is the fastest way of remitting funds. The speed of remittance depends on the overseas destination, currency and the overseas agent bank used. |
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| Outward Remittance |
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You need to furnish the following information:
- The full name and full address of the person receivng the funds
- The full name of their bank and the branch address
- Their account number
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| Telex Fees: |
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- USD 12 minimum (direct transfer)
- USD 24 minimum (transfer in currencies other than the country’s currency)
- USD 36 (transfers to New York)
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| Inward Remittance |
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- Beneficiary’s name
- Credit Libanais branch address where the account is held
- Beneficiary’s account number
- Any special instructions especially if no account is held e.g. advice by telephone and payment on identification
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| Fees |
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- USD 6 minimum depending upon the amount received*
* Fees are indicative; the bank may at any time change them without notice |
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