Documentary letter of Credit
Easily overcome the obstacles in international trade with the help of IDBank. The Bank will help you to establish and develop new trade relations.
If you are engaged in international trade (import/export), you are concerned about the risks, you lack financial means required for the transaction, then this service is just for you.
A documentary letter of credit is reasonable when the buyer and the seller do not know each other and the seller is not confident about the buyer's ability to pay, and the buyer in its turn is not confident that the seller will deliver the goods.
minimum: 6,000 AMD,
maximum: 45,000 AMD
an additional LC issuance fee shall be charged without application of the minimum rate