Letter of Credit/Trust Receipt

Letter of Credit/Trust Receipt

Secure a smooth transaction for the exchange of goods across currencies and geographic borders. 


Features and Benefits

  • Provides financial assistance for both parties, allowing you to build lasting relationships with both old and new business partners
  • Acts as a written undertaking by PBCOM to pay a client's foreign/domestic supplier on the condition that all required documents through the Letter of Credit
  • Maintains an agreement between the importer and PBCOM, through The Trust Receipt, to enable the importer to obtain possession of the goods upon arrival, and to pay for them at some future date
  • Terms last for one year or less depending on your business’ cash cycle
  • Enjoy flexible loan terms and interest rates


  • SMEs and large corporations


  • SEC Registration and Articles of Incorporation/Partnerships and Amendments
  • By-Laws of Corporation/Partnership
  • DTI Certificate of Registration
  • Company Profile
  • GIS (General Information Sheet)
  • ITR/FS for the past 3 years
  • List of major customers and suppliers (with contact details)