Documentary letter of credit
The obligation of the bank to transfer the monetary funds timely under the agreement between the exporter and the importer is called the letter of credit. This financial instrument is a well recognized method of settlement in international trade due to elimination of most trading risks from both sides.
Profinvest Services LLC is an international brokerage company with more than fifteen years of experience in the field of rendering the financial services. Rich experience in the sphere of trade finance in Russia, the former Soviet Union countries, Asia and the Middle East (international experience) has allowed us to achieve a high level of professionalism and make it a calling card of Profinvest Services.
Issue of primary and derivative financial instruments assisted by our company is the guarantee of hundreds of successful transactions every year. Currently the primary focus of our activity is the structured financing of trading transactions. By the end of 2014 the financial instruments have been issued in the amount of more than two billion euros with our help.
We render financial services to our clients with the possibility of short-term financing of their projects applying the most effective instruments on the market – documentary letter of credit and bank guarantees with no coverage needed. The customer only pays a fee for the issuance of a financial instrument.
In our work we try to find the optimal solution for each of our clients as well as to apply our experience and possibilities for successful guidance of every project. Profinvest Services is your reliable partner and guide in the world of business!