Export Letter of Credit
Bolero for Export LCs is a multi-banking service that enables corporates to interactively manage, view, print and download their Export LC Advices on the same platform, in the same format, regardless of the identity of the Advising Bank. It also addresses the amendments process and caters for all types of LCs, including Standbys.
As a result, Bolero helps to bring all the information together relative to Export LCs which in turn enables Corporates to establish the overall picture of outstanding LCs, in a way that reflects the business hierarchy or organizational structure.
Key to the value of the Export LC is the applications ability to output the content of the LC, including all amendments, to 3rd party systems or Bolero’s own Presentation Application. This ensures that any document preparation solutions maintain a current and accurate detail of the required documents.
See also Bolero’s Document Preparation Partners