Structuring
- Usance tenor set at 30, 60, 90, 120, 180, 270, or 360 days
- Rule set under UCP600 or ISP98 with governing law
- Issuing bank, advising bank, and confirmer selection
- Reimbursement and acceptance terms that suppliers will sign
Usance LC Issuance Services
Get commercial terms that work for real trade flows. We arrange issuance of Usance Letters of Credit with tenors at 30, 60, 90, 120, 180, 270, and 360 days. Clean rules, clear controls, and predictable settlement.
We structure and place Usance LC facilities with issuing banks and partner desks. Scope covers rule selection under UCP600 or ISP98, applicant credit and cash margin options, drafting of LC text, confirmer selection, UPAS payables finance, reimbursement mechanics, and presentation controls. Outcome is a workable LC that your supplier accepts and your treasury can manage.
Scope of Services
Commercials
- Fee grid and interest by tenor and bank risk
- UPAS option where sight funds defer to tenor
- Cash margin, collateral, or line usage calibrated to credit
- Confirmation add-on for supplier comfort and pricing
Documentation
- LC text drafting with clear, workable conditions
- Drafts, invoices, transport terms, and Incoterms alignment
- Sanctions, KYC, and jurisdiction screening
- SWIFT MT7xx workflow and notices
Controls
- Discrepancy risk reduction and presentation checklist
- Assignment of proceeds and proceeds control if required
- Bank account confirmations and settlement path
- Post-issuance monitoring to maturity
Structures We Arrange
- Usance LC issuance with deferred payment at 30 to 360 days
- UPAS LC where sight funds carry tenor for the applicant
- Usance LC with formal or silent confirmation
- Back-to-back or transfer LC chains with clear flows
- Program lines for repeat shipments and seasonal peaks
Eligibility and Dossier
Minimums
- Single LC face value from USD 500,000
- Tenor 30 to 360 days subject to risk and sector
- Acceptable applicant credit or cash margin
Core Dossier
- Applicant KYC, ownership chart, and latest financials
- Supplier details, contract, and shipment plan
- Requested LC draft with goods, Incoterms, and ports
- Banking coordinates and any required collateral
Process
Intake
Mandate signed, KYC received, trade contract shared, and tenor request confirmed. Target issuance date agreed.
Terming
Rule set, bank risk, and confirmation path checked. We issue an indicative fee grid by tenor, any margin, and UPAS availability.
Drafting
LC draft prepared with workable conditions. Supplier and bank comments cleared. SWIFT readiness confirmed.
Issuance
LC issued and advised. If confirmed, confirmer adds undertaking. Shipment proceeds under agreed terms.
Settlement
Documents presented clean. Payment at maturity per tenor or via UPAS settlement. Tracking and reconciliation to close.
Pricing Guidance
- Issuing bank fees and interest scale with tenor and risk
- Confirmation fee applied where a confirmer is engaged
- UPAS carry priced off bank or partner cost of funds
- Arrangement retainer from USD 59,500 based on scope
- Success fee 2.5% of issued amount at closing
- Bank, legal, and courier costs passed at cost
Final economics depend on applicant credit, country risk, tenor, LC size, and any collateral or margin posted.
Request Usance LC Indicative Terms
Share your trade contract, supplier details, preferred tenor, and banking coordinates. We respond with eligibility, a fee grid, and the fastest path to issuance.
Include applicant KYC, last two year financials, shipment schedule, and any confirmation or UPAS preference. We act as arranger and coordinate issuance through partner banks.
All transactions are subject to KYC and AML, sanctions checks, credit approvals, document conformity, and signed agreements. No offer of securities is made.
Financely acts as advisor and arranger. We are not a bank and do not take deposits. Usance LC issuance depends on bank approvals, document compliance, and counterparty performance. Nothing here is a guarantee of issuance.
