Import Letters of Credit

Essential for any business that purchases goods from overseas, the Import Letter Of Credit is a conditional undertaking of payment by a bank for your account. It assures that your seller will be paid only after they have fulfilled all their documentary obligations. The seller benefits by the assurance that the bank will pay them once they have presented the required documents and complied with the terms of the letter of credit.

California Bank & Trust offers both irrevocable and confirmed letters of credit, tailored to your exact requirements. Equally important, we can provide expert assistance in dealing with complex transactions.

Download forms

Application for Commercial Letter of Credit
This form is to be used by an Applicant (buyer) when applying to CB&T to issue a Commercial Letter of Credit.

Letter of Credit Security Agreement
This form is to be used by an Applicant for securing a Letter of Credit with a cash deposit.

Application for Amendment
This form is to be used by an Applicant (buyer) when applying for CB&T to Amend an issued documentary Letter of Credit.

Application for Release/Letter of Indemnity
This form is to be used to release cargo prior to the arrival of the original documents.