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Letters of Credit

With Barclays’ expertise in letters of credit, you can trade in new markets or with new partners with confidence. We provide the documentary support to ensure timely payment or delivery and strengthen your trading relationships.

What is a letter of credit?

Letter of Credit services allow you to trade with confidence by providing certainty that you’ll be paid for goods you export – or supplied with goods that you’ve paid for.

What can letters of credit do for your business?

  • When you enter into new relationships with buyers or suppliers in emerging markets you want to be sure you can trade safely
  • Gives you the reassurance of a secure, globally recognised method of settling overseas trade
  • Offers flexibility as we can match your letter of credit to your business needs, to any amount and to any freely traded currency
  • Allows you to strengthen your trading relationships by offering better credit terms to overseas buyers if you are exporting goods
  • Enables you to negotiate improved credit terms if you are importing goods, thereby improving your cashflow
  • Subject to the International Chamber of Commerce’s rules for documentary credits, giving the reassurance of worldwide standards.

Why Barclays Corporate letters of credit solutions?

  • Using our global network of offices and specialists, we can work with your buyers’ banks or your suppliers to draw up letters of credit to support your export and import activity in any market.


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