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EXPLORE
Benefits
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Payment for goods against documents stipulated in the LC.
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Possible to avail supplier’s credit by issuing deferred LCs.
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Option to avail LC Refinancing, if the limits are available with Riyad Bank.
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Riyad Bank LCs are widely accepted worldwide making it easier for the exporter to avail pre or post shipment finance from their Bank.
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You are more likely to receive timely delivery of goods because of the delivery timeline stipulated within the Letter of Credit.
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Possible to enter deals with new suppliers at competitive terms.

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