|
|
 |
|
 |
When you need financial support for a foreign transaction, we can provide you with an Import Letter of Credit. |
|
|
 |
Transactions subject to the agreement |
|
|
|
 |
Import by documentary L/C
|
|
|
Import by D/P, D/A and other non-L/C transactions
|
|
|
Import by stand-by L/C
|
|
|
|
Transactions which do not require the agreement |
|
|
|
|
Pre-and post-remittance dealing with only remittance of the price for imported materials
(T/T, COD and CAD)
|
|
|
|
Agreement of import transactions |
|
|
|
 |
Application: a KEB branch near you in your area
|
|
 |
Required documents
|
|
|
|
|
|
An agreement form of foreign exchange transaction |
|
A copy of declaration of trading business |
|
A transcript of the register (a corporation) |
|
Articles of incorporation (a corporation) |
|
The registration of a seal impression and a legal seal impression of the representative |
|
|
|
|
An application for Letter of Credit transactions |
|
|
|
|
An import L/C is a written commitment to pay your supplier a specific amount on your behalf once the supplier provides bills of lading that comply with the terms and conditions of the L/C within the effective date. The opening bank requires collateral or guarantor from importers.
|
|
|
|
|
In this case, an application for L/C transactions is mandatory. Collateral limit, requirements for guarantors and guarantee limit differ depending on the amount backed by L/C. For more information, contact the AM team at a KEB branch you want. You can also call or visit the Customer Inquiry Center in the head office.
|
|
|
|
|
Information on KEB branches
|
|
|
|
|
Information on the Customer Inquiry Center
|
|
|
|
Interchange Agreement (I/A) for Foreign Trade Automation (FTA) transaction |
|
|
|
|
With an I/A for FTA transaction, you can conduct your export-import business more conveniently through EDI (Electronic Data Interchange).
|
|
|
Information on Foreign Trade Automation
|
|
|
Required documents
|
|
|
|
|
|
An application form for Foreign Trade Automation |
|
A corporation: a transcript of the register (an individual : a transcript of the resident registration or a copy of the resident registration) |
|
A legal seal impression of the representative |
|
A copy of I/A approval issued by designated operators of FTA |
|
|
|
|