Overview A Letter of Credit (LC) is a financial instrument issued by SIB that guarantees payment between buyers and sellers in international trade. Whether you're importing goods or exporting products, an LC ensures that your transactions are secure and compliant with global trade practices. Features & Benefits Trade Security for All Protect importers and exporters with bank-backed guarantees that ensure secure payment and reliable delivery. Global Compliance Comply with international trade regulations, including UCP 600, through standardized and secure processes. Flexible Financing Options Choose between conventional and Shariah-compliant structures to meet your business and ethical needs. Lower Trade Risk Reduce credit, delivery, and counterparty risk with built-in safeguards across the transaction lifecycle. Strengthened Partnerships Build trust and long-term relationships with global suppliers and buyers through secure, transparent trade. Get in Touch with Our Trade Finance Solutions Team Find us, get in touch, and don’t hesitate to ask for assistance. Phone Number +966 XX XXXXXXX Email customer_service@saib.com.sa Types of Documentary Collections Import Letters of CreditEnsure suppliers are paid only after meeting agreed terms, reducing risk and building trust in global trade.Payment upon delivery and documentation complianceSight and deferred payment optionsShariah-compliant availability Export Letters of CreditReceive secure payment once shipments and documents are verified, supported by expert handling and faster collections.LC confirmation to mitigate issuing bank riskFast document processing and dispatchExport LC discounting for eligible clientsDedicated support team for document compliance We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. /customer-care Branches & ATMs Easily locate branches and ATMs wherever you are. E-Banking Services Bank smarter and faster with our secure digital platforms. /personal/e-banking-services