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LC Discounting

Improve your cashflow and receive payments promptly once documents accepted under the LC are confirmed as compliant. With guaranteed security, LC Discounting can act as a benefit to all parties involved – buyer, seller and guaranteeing bank.

Is it right for you?

  • You can use LC Discounting if you sell on credit terms using Letters of Credit as a means of settlement
  • LC Discounting will allow you to receive funds as soon as there is a binding commitment from your buyer’s bank that payment is due at a future date

How it supports your business

  • Enables you to receive payment more promptly – you won’t have to wait for your buyer to pay you at a future date
  • Helps you to improve your cashflow
  • Gives you the ability to offer your trading partner longer payment terms, which can put you in a stronger negotiating position and  improve your relationship
  • Allows you to pay your suppliers early and can help place you in a position to negotiate better pricing

If this product isn’t right for you, try the related products below.

Important information

The products referred to in this webpage are subject to separate terms and conditions.

Talk to us

Find out more about our LC Discounting services by talking to your Relationship Director.

New to Barclays? Our experienced UK-based team can listen to your business need, offer assistance on-the-spot or put you in touch with the right specialist at Barclays. Call us on:

0800 015 4242*

Alternatively we can call you back or you can email us with your query.

Related products

Bonds, Guarantees and Indemnities

Demonstrate your financial credibility and tender competitively for business with bonds and guarantees issued by Barclays.

Letters of Credit

Securely settle overseas trade by protecting yourself against payment default and trading risks.

Trade Collections

Receive and make payments efficiently and securely for your exports and imports.

Trade Loans

Improve your cashflow by promptly paying your supplier for your purchases or imports.

How can we help?

To discuss switching to Corporate Banking at Barclays, call us on: 0800 015 4242 *