{"id":1834,"date":"2023-01-11T19:21:45","date_gmt":"2023-01-11T19:21:45","guid":{"rendered":"https:\/\/www.sadc.org\/?page_id=1834"},"modified":"2025-06-02T14:44:54","modified_gmt":"2025-06-02T14:44:54","slug":"letter-of-credit","status":"publish","type":"page","link":"https:\/\/sadc.org\/en\/letter-of-credit\/","title":{"rendered":"Letter of credit"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"1834\" class=\"elementor elementor-1834\" data-elementor-post-type=\"page\">\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2301bd3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2301bd3\" data-element_type=\"section\">\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7ef64a5\" data-id=\"7ef64a5\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba3c3a8 elementor-widget elementor-widget-breadcrumbs\" data-id=\"ba3c3a8\" data-element_type=\"widget\" data-widget_type=\"breadcrumbs.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t<p id=\"breadcrumbs\"><span><span><a href=\"https:\/\/sadc.org\/en\/\">Home<\/a><\/span><\/span><\/p>\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-24c905d elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"24c905d\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Letter of credit<\/h1>\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-68ea2cd elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"68ea2cd\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t<div class=\"elementor-divider\">\t\t\t<span class=\"elementor-divider-separator\">\t\t\t\t\t\t<\/span>\t\t<\/div>\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-ac07abb elementor-widget elementor-widget-heading\" data-id=\"ac07abb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What type of product is it? <\/h2>\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-90b302f elementor-widget elementor-widget-text-editor\" data-id=\"90b302f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t\t\t<p>A letter of credit is a multi-party financial contract between a lender, its customer (buyer) and a beneficiary (seller), guaranteeing the latter that it will be paid once the conditions of the letter of credit have been met. The letter of credit secures a transaction for both buyer and seller.  It is often used to secure international transactions between importing and exporting companies, or between different parties wishing to demonstrate their solvency.<\/p>\t\t\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-bc5f897 elementor-widget elementor-widget-heading\" data-id=\"bc5f897\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What are the special features of this financial product?<\/h3>\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-c00610c elementor-widget elementor-widget-text-editor\" data-id=\"c00610c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t\t\t<ul><li>The letter of credit is used to set out payment conditions (quality, functionality, performance criteria, etc.) and to guarantee payment.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-1a19a23 elementor-widget elementor-widget-heading\" data-id=\"1a19a23\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">What are the advantages of this financial product?<\/h4>\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-b9d4afa elementor-widget elementor-widget-text-editor\" data-id=\"b9d4afa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t\t\t<ul><li>Obtaining a letter of credit is a solid guarantee of solvency, and can help avoid a number of problems during a transaction.<\/li><li>For the buyer, a letter of credit demonstrates solvency and the seriousness of the transaction, without risking loss of funds (if payment conditions are precise and clearly stated).<\/li><li>For the seller, payment of the agreed amount is guaranteed by the financial institution, if the agreed conditions are met.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-3278c68 elementor-widget elementor-widget-text-editor\" data-id=\"3278c68\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t\t\t<p>In addition to helping you answer your questions, our experts at <a href=\"https:\/\/sadc.org\/en\/sadc-annual-general-meeting-2024\/\">SADC<\/a> can help you really analyze your situation.  What's more, an analysis of your long-term needs and the determination of an appropriate <a href=\"https:\/\/sadc.org\/en\/how-to-set-smart-company-goals\/\">strategy<\/a> The right financial solutions for your company could be developed at the same time.<\/p><p>See the list of different needs to the right that this financial product can meet.   Don't hesitate to apply for financing from SADC.  We'll help you think through and implement your project. <a href=\"https:\/\/sadc.org\/en\/what-is-design-thinking\/\">project<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-156e1b3 elementor-widget__width-initial elementor-absolute elementor-view-default elementor-position-top elementor-mobile-position-top elementor-widget elementor-widget-icon-box\" data-id=\"156e1b3\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon-box.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/demande-a-la-sadc\/\" class=\"elementor-icon\" tabindex=\"-1\" aria-label=\"Online financing application\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-handshake\"><\/i>\t\t\t\t<\/a>\t\t\t<\/div>\t\t\t\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/demande-a-la-sadc\/\" >\n\t\t\t\t\t\t\tOnline financing application\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t\t<\/div>\t\t<\/div>\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-08a281f\" data-id=\"08a281f\" data-element_type=\"column\">\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bb5899d elementor-share-buttons--view-icon elementor-share-buttons--skin-gradient elementor-share-buttons--shape-square elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-global elementor-global-2935 elementor-widget-share-buttons\" data-id=\"bb5899d\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_print\" role=\"button\" tabindex=\"0\" aria-label=\"Share on print\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\t\t\t\t\t\t\t\t<i class=\"fas fa-print\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_email\" role=\"button\" tabindex=\"0\" aria-label=\"Share on email\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\t\t\t\t\t\t\t\t<i class=\"fas fa-envelope\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t<\/div>\t\t\t\t\t\t<\/div>\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-2a81952 elementor-widget elementor-widget-text-editor\" data-id=\"2a81952\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t\t\t<p>YOU WISH...<\/p>\t\t\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-ba6834a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ba6834a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t<div class=\"elementor-divider\">\t\t\t<span class=\"elementor-divider-separator\">\t\t\t\t\t\t<\/span>\t\t<\/div>\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t<div class=\"elementor-element elementor-element-e49816a elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"e49816a\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\t\t\t\t<div class=\"elementor-widget-container\">\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/acquisition-merger-or-spin-off\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Acquiring, merging or taking over a company<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/working-capital-growth\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Improve your working capital \/ Growth<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/starting-a-business\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Starting a business<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/commercial-housing-development\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Developing a residential \/ commercial project<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/acquiring-equipment\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Acquiring equipment<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/export-my-products-or-services\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Export your products or services<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/financing-my-dimpot-credits\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Financing your tax credits<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/buying-a-commercial-industrial-property\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Buying commercial\/industrial property<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/turnaround\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Turn around the financial situation<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/quite-withdrawal\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Take equity out of your business<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/robotization-automation-computing\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Robotize \/ Automate \/ Improve IT<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/financing-a-startup\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Financing a startup<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/improving-environmental-performance\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Improve your company's environmental performance<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/collective-projects\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Carrying out a group project<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sadc.org\/en\/strategic-planning\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Strategic planning for your company's development<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/li>\t\t\t\t\t\t<\/ul>\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\t\t\t\t\t<\/div>\t\t<\/div>\t\t\t\t\t<\/div>\t\t<\/section>\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Quel est ce type de produit ? Une lettre de cr\u00e9dit est un contrat financier multipartite entre un pr\u00eateur, son client (acheteur) et un b\u00e9n\u00e9ficiaire (vendeur) pour garantir \u00e0 ce dernier qu\u2019il sera pay\u00e9 une fois les conditions de la lettre de cr\u00e9dit satisfaites. Celle-ci s\u00e9curise une transaction tant pour l\u2019acheteur que pour le vendeur.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2187,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_theme","meta":{"footnotes":""},"class_list":["post-1834","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lettre de cr\u00e9dit - SADC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sadc.org\/en\/letter-of-credit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lettre de cr\u00e9dit - SADC\" \/>\n<meta property=\"og:description\" content=\"Quel est ce type de produit ? Une lettre de cr\u00e9dit est un contrat financier multipartite entre un pr\u00eateur, son client (acheteur) et un b\u00e9n\u00e9ficiaire (vendeur) pour garantir \u00e0 ce dernier qu\u2019il sera pay\u00e9 une fois les conditions de la lettre de cr\u00e9dit satisfaites. Celle-ci s\u00e9curise une transaction tant pour l\u2019acheteur que pour le vendeur.\u00a0 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sadc.org\/en\/letter-of-credit\/\" \/>\n<meta property=\"og:site_name\" content=\"SADC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/fr-ca.facebook.com\/SADCAchiganmontcalm\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-02T14:44:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sadc.org\/wp-content\/uploads\/2023\/01\/imageExemple.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"685\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/\",\"url\":\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/\",\"name\":\"Lettre de cr\u00e9dit - SADC\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sadc.org\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sadc.org\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/imageExemple.png\",\"datePublished\":\"2023-01-11T19:21:45+00:00\",\"dateModified\":\"2025-06-02T14:44:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/#primaryimage\",\"url\":\"https:\\\/\\\/sadc.org\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/imageExemple.png\",\"contentUrl\":\"https:\\\/\\\/sadc.org\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/imageExemple.png\",\"width\":800,\"height\":685,\"caption\":\"entrepreneur\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/sadc.org\\\/lettre-de-credit\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/sadc.org\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lettre de cr\u00e9dit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/sadc.org\\\/#website\",\"url\":\"https:\\\/\\\/sadc.org\\\/\",\"name\":\"SADC\",\"description\":\"Soci\u00e9t\u00e9 d&#039;aide au d\u00e9veloppement de la collectivit\u00e9 ACHIGAN-MONTCALM\",\"publisher\":{\"@id\":\"https:\\\/\\\/sadc.org\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/sadc.org\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/sadc.org\\\/#organization\",\"name\":\"Soci\u00e9t\u00e9 d'aide au d\u00e9veloppement de la collectivit\u00e9 Achigan-Montcalm\",\"url\":\"https:\\\/\\\/sadc.org\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/sadc.org\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.sadc.org\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/8575c1_d0c0b27ad28e40caa7d7d790ca115db9.webp\",\"contentUrl\":\"https:\\\/\\\/www.sadc.org\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/8575c1_d0c0b27ad28e40caa7d7d790ca115db9.webp\",\"width\":276,\"height\":273,\"caption\":\"Soci\u00e9t\u00e9 d'aide au d\u00e9veloppement de la collectivit\u00e9 Achigan-Montcalm\"},\"image\":{\"@id\":\"https:\\\/\\\/sadc.org\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/fr-ca.facebook.com\\\/SADCAchiganmontcalm\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/sadc-achigan-montcalm\\\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Letter of credit - SADC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sadc.org\/en\/letter-of-credit\/","og_locale":"en_US","og_type":"article","og_title":"Lettre de cr\u00e9dit - SADC","og_description":"Quel est ce type de produit ? Une lettre de cr\u00e9dit est un contrat financier multipartite entre un pr\u00eateur, son client (acheteur) et un b\u00e9n\u00e9ficiaire (vendeur) pour garantir \u00e0 ce dernier qu\u2019il sera pay\u00e9 une fois les conditions de la lettre de cr\u00e9dit satisfaites. Celle-ci s\u00e9curise une transaction tant pour l\u2019acheteur que pour le vendeur.\u00a0 [&hellip;]","og_url":"https:\/\/sadc.org\/en\/letter-of-credit\/","og_site_name":"SADC","article_publisher":"https:\/\/fr-ca.facebook.com\/SADCAchiganmontcalm\/","article_modified_time":"2025-06-02T14:44:54+00:00","og_image":[{"width":800,"height":685,"url":"https:\/\/sadc.org\/wp-content\/uploads\/2023\/01\/imageExemple.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sadc.org\/lettre-de-credit\/","url":"https:\/\/sadc.org\/lettre-de-credit\/","name":"Letter of credit - SADC","isPartOf":{"@id":"https:\/\/sadc.org\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sadc.org\/lettre-de-credit\/#primaryimage"},"image":{"@id":"https:\/\/sadc.org\/lettre-de-credit\/#primaryimage"},"thumbnailUrl":"https:\/\/sadc.org\/wp-content\/uploads\/2023\/01\/imageExemple.png","datePublished":"2023-01-11T19:21:45+00:00","dateModified":"2025-06-02T14:44:54+00:00","breadcrumb":{"@id":"https:\/\/sadc.org\/lettre-de-credit\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sadc.org\/lettre-de-credit\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/sadc.org\/lettre-de-credit\/#primaryimage","url":"https:\/\/sadc.org\/wp-content\/uploads\/2023\/01\/imageExemple.png","contentUrl":"https:\/\/sadc.org\/wp-content\/uploads\/2023\/01\/imageExemple.png","width":800,"height":685,"caption":"entrepreneur"},{"@type":"BreadcrumbList","@id":"https:\/\/sadc.org\/lettre-de-credit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/sadc.org\/"},{"@type":"ListItem","position":2,"name":"Lettre de cr\u00e9dit"}]},{"@type":"WebSite","@id":"https:\/\/sadc.org\/#website","url":"https:\/\/sadc.org\/","name":"SADC","description":"ACHIGAN-MONTCALM Community Futures Development Corporation","publisher":{"@id":"https:\/\/sadc.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sadc.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/sadc.org\/#organization","name":"Achigan-Montcalm Community Futures Development Corporation","url":"https:\/\/sadc.org\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/sadc.org\/#\/schema\/logo\/image\/","url":"https:\/\/www.sadc.org\/wp-content\/uploads\/2022\/12\/8575c1_d0c0b27ad28e40caa7d7d790ca115db9.webp","contentUrl":"https:\/\/www.sadc.org\/wp-content\/uploads\/2022\/12\/8575c1_d0c0b27ad28e40caa7d7d790ca115db9.webp","width":276,"height":273,"caption":"Soci\u00e9t\u00e9 d'aide au d\u00e9veloppement de la collectivit\u00e9 Achigan-Montcalm"},"image":{"@id":"https:\/\/sadc.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/fr-ca.facebook.com\/SADCAchiganmontcalm\/","https:\/\/www.linkedin.com\/company\/sadc-achigan-montcalm\/"]}]}},"_links":{"self":[{"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/pages\/1834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/comments?post=1834"}],"version-history":[{"count":80,"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/pages\/1834\/revisions"}],"predecessor-version":[{"id":9534,"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/pages\/1834\/revisions\/9534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/media\/2187"}],"wp:attachment":[{"href":"https:\/\/sadc.org\/en\/wp-json\/wp\/v2\/media?parent=1834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}