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08-05-2015, 03:38 PM #1
- Join Date
- Oct 2014
- Posts
- 40
Need a private banking institution to process international letters of credit $1mm/mo
My client has contracts with Ford to purchase cars directly from the manufacturer and ship them over seas to dealership. The larger banks BOA, Wells, BMO, US Bank no longer cater to this industry, as of recently. We're looking for a banking institution to process the letters of credit from the purchaser, 1 transaction per month @ 990k for 2 years to complete the contract.
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08-05-2015, 03:56 PM #2
- Join Date
- May 2015
- Location
- NC
- Posts
- 208
Why not talk to a firm like this: http://www.tradetechnologies.com/sol...s_docprep.html and ask them to recommend one of their international bank partners: http://www.tradetechnologies.com/bank_partners.html
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