When you ship merchandise and present documentation through Scotiabank’s Export Letter of Credit service, you enhance your ability to collect funds owing from the buyer’s bank. While in most cases, export letters of credit are sufficient to ensure payment, uncertain economies and unstable governments are the reality in many countries today. For additional financial protection, you can request that an Export Letter of Credit (LC) be confirmed by Scotiabank. This represents our undertaking to pay you, relieving the worry of whether the issuing bank will pay.

Electronic Solutions for letter of credit services:

TRADEXPRESS elite Service
Our fully automated service enables you to electronically receive a copy of your export letter of credit, standby letter of credit and letter of guarantee together with the cover letter and the related data for your reports.

TRADEXPRESS ExportDoc
TRADEXPRESS® ExportDoc is an easy-to-use software package designed exclusively for exporters. It simplifies the preparation of shipping documents for presentation under letters of credit, documentary collection or open account transactions.