Letter of Credit Advising | Siam Commercial Bank Myanmar

Letter of Credit Advising

Be notified as soon as an L/C arrives from your customer’s bank. Ensure that each L/C is correct and valid.

Service
Highlights
Benefits

Service

SCBM provides L/C or L/C Amendment Advising service when your customer has agreed to pay via L/C.
Your company must inform its customer to issue or amend the L/C by appointing Siam Commercial Bank as the L/C Advising Bank
When your customer’s bank issues or amends the L/C and notifies SCBM, we will check and authenticate the L/C, notify you, and accept the L/C so that you can proceed with delivery of goods.

Highlights

SCBM can advise for L/Cs from all over the world via our network of partner banks

SCBM can advise for L/Cs from all over the world via our network of partner banks

We advise you via telephone or email as soon as we receive and authenticate any L/C

We advise you via telephone or email as soon as we receive and authenticate any L/C

SCBM Provides safekeeping of the original L/C to prevent loss

SCBM Provides safekeeping of the original L/C to prevent loss

Benefits

Be assured that your L/C is received in full and correct form, which confirms the purchase order
You can use the L/C for SCBM's other related services:
- L/C Confirmation
- L/C Collection
- Export Financing
- L/C Discounting