support and compliance services including:

Company Consulting

Our specialists in the Corporate department will undertake the review of your proposed structure, proceed with the incorporation of the entities whilst complying with the applicable legislation and best corporate practice. Shelf companies are maintained and readily available upon request, facilitating company set-up within a few hours.

Corporate Secretarial

Our lawyers and experienced corporate team provide on-going corporate secretarial

Business Consulting

Consulting Rates​

The rates for consulting dependent upon the size of a project, whether you do everything yourself, we do it together, or you outsource everything. In the assignment we will make clear agreements about the daily, part of the day or weekly rates.

Get in touch to discuss your specific needs and the offered consulting services.

Commodity Transactions

We can assist you in you commodity transaction, wether you’re looking to buy or sale you sugar, rice, bean, soybean and any other agricultural products.

We’re here to help.

Banking Documents Options

The Import Letter of Credit process begins when an importer and an exporter agree to use a Letter of Credit as the method of payment for the shipment of merchandise. The importer requests that the Bank issue a Letter of Credit on its behalf.

Once it approves the letter of credit, the transaction is documented with an Application and Agreement for Commercial Letter of Credit.

The Bank issues the Letter of Credit and forwards it to a correspondent bank located in the exporter’s city. The exporter is then advised by that bank (referred to as the “Advising Bank”) that the credit is received, and the exporter ships the goods based on this advice.

The Issuing Bank enters into a contract with the foreign exporter, the beneficiary of the Letter of Credit, whereby it substitutes its credit and reputation for that of an importer.

To receive payment under a commercial letter of credit, the exporter must present a draft along with the documents required in the Letter of Credit. The draft may be a Sight Draft or a Usance (time) Draft. The type of draft drawn by the exporter is determined by the importer, the seller, and the bank before the Letter of Credit is issued.

When a Bank receives a Letter of Credit* to be confirmed or advised (referred to as an Export Letter of Credit), it first verifies the authenticity of the Letter of Credit, then notifies the exporter that a Letter of Credit has been issued in the exporter’s favor. The Bank notifies its exporting client the same day as the Letter of Credit is received. A copy of the Letter of Credit is faxed, mailed, or can be picked up, depending on the wishes of the exporter.

Before shipping the merchandise, the exporter reviews the Letter of Credit to make sure that it conforms to all the terms of the sale and that all requirements can be met. If the conditions cannot be met, the exporter must ask the importer to have its bank issue an amendment prior to shipment.

A Standby Letter of Credit represents an obligation of the Bank to the beneficiary of the credit. The expectation is that the underlying transaction will be completed as agreed and the Standby Letter of Credit will not be drawn. The major difference between a Commercial and a Standby Letter of Credit is that a Commercial Letter of Credit (Import or Export) is a payment method for a trade transaction whereas a Standby Letter of Credit supports the payment of a debt, which debt may or may not be trade related.

Banks works with its clients to assure that the terms of the Letter of Credit reflect the negotiations of the parties. A Standby Letter of Credit can be used for many purposes, including a bid bond, a performance bond, or support for a loan or unpaid invoices made on an open account shipment.

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