Import Letter of Credit
An Import Letter of Credit (ILC) is another tool that simplifies the process of buying products overseas.
Once an ILC has been issued the bank has committed itself to pay out in case of a claim from the beneficiary. As such it is considered a credit instrument and the same requirements apply as with loans and overdraft facilities.
Your Corporate Account Manager will explain what information to submit in your specific case.
*Depending on which is applicable in your specific case.
Sales & Customer SupportAccount and service information are just a phone call away.
During business hours (8:00am to 4:30pm AST):
Aruba Bank Call Center: (+297) 527-7700
For questions regarding the product features and to apply, please call:
Aruba Bank Corporate Account Manager: (+297) 527-7774