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Letter of credit

Letters of credit have become a significant aspect in international trading due to nature of international transactions which include factors like distance, differences between countries and etc.

Letter of credit is a mean of payment in international transactions and it’s one of the services whereby ( opening bank ) is obligated to do a payment to third party ( beneficiary party / seller ) or let other bank to pay or transact due to buying or ordering good or services against appointed documents and in accordance with terms of credit, according to customer request ( credit applicant / buyer ) or on the behalf of itself.

Parto Tejarat Homa Co. offers these services in a best way possible according to requests of customers by having wonderful background in exporting and importing and being aware of opening letters of credit.