Import Letters of Credit

 

Overseas companies frequently require Letters of Credit (LCs), not always because of concern about your ability to pay, but because their banks require LCs to back the companies' working capital loans.

With a Huntington LC you pay nothing until we have examined documents indicating the goods have been shipped. If we find discrepancies between the documents and what you had requested in the LC, we’ll hold payment until you authorize us.


Huntington is among the top Import Letter of Credit banks in the country.

Several of the highest volume importers in the country entrust their Letter of Credit business to Huntington, due to:

  • Unmatched customer Service
  • Global Trade Access®, our proprietary automated Letter of Credit system
  • Huntington Trade Services Asia, our dedicated processing center in Hong Kong

How do Huntington Import Letters of Credit help your business?

  • Purchase the best goods available by complying with the manufacturer’s needs.
  • Preserve your cash until goods have been shipped and documents examined.
  • Rely on Huntington’s experienced staff to examine the import documents.
  • Work with friendly and helpful staff in your time zone.

To learn more about Import Letters of Credit, contact your Banker or International Specialist. You can also call International Direct, at 1-877-480-INTL (4685) Monday to Friday, 8:00 a.m. to 5:00 p.m. ET. Or email us at International@huntington.com.