Minimizing Risk When Buying and Selling
Citibank's International Trade Product Suite helps make it easier, more convenient and less risky for middle market businesses to buy and sell internationally.
Letters of Credit
- As the primary risk mitigation payment mechanism between importers and exporters, letters of credit facilitate shipments of goods and payments to enable quick and efficient transactions.
- Use in lieu of a Letter of Credit when buyers and sellers want a third party document-handling entity such as Citibank involved in the transaction.
Trade Services Online
- Use CitiDirect®, the online access portal for corporate clients around the world, to issue, amend, and advise a Letter of Credit; initiate an Export Documentary Collection; review, track and settle Import Documentary Collections.