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Interbank Credit Facility Program

L/C confirmation

L/C confirmation is the facility whereby Korea Eximbank adds the second payment guarantee on the Letter of Credit in addition to that of the issuing bank.

Terms and Conditions

LIBOR - Currency, 1Month, 3Month, 6Month, 12Month
Content
Eligible Company Company with favorable credit record
  • which has manufacturing experience more than 1 year & export records of same sort of product, or
  • which has transaction record more than once with same Importer
L/C to be confirmed
  • Irrevocable L/C issued by a Bank which makes an Agreement with Korea Eximbank
  • L/C amount shall be up to maximum 50 Million U.S. Dollars

Contact information (Interbank Finance Dept)

Contact information (Interbank Finance Dept) - Currency, 1Month, 3Month, 6Month, 12Month
Asia, Africa +82-2-3779-6359, 6405 Russia, India +82-2-3779-6376
MENA, CIS +82-2-3779-6372 Latin America, Turkey +82-2-3779-6364, 6367