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Export Letters of Credit
Export Letter of Credit Confirmations
Export Documentary Collections
Export Trade Services
Sovereign's Export Trade services will help you speed and simplify the export of merchandise, and ensure minimal risk to you and your trading partners.
Export Letters of Credit
Issued by an overseas bank on behalf of its customer, the Export Letter of Credit (L/C) minimizes your risk of non-payment by foreign buyers.
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Export Letter of Credit Confirmations
A Letter of Credit (L/C) confirmation by Sovereign Bank guarantees that you receive payment per the terms of an L/C.
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Export Documentary Collections
This cost-effective alternative to a traditional L/C is “just-in-case” protection when working with established trading partners.
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Protect foreign receivables against nonpayment.
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Equal Housing Lender - Member FDIC