Our experienced team ensures prompt service, from the point of opening the Letter of Credit, all the way through to the payment to the supplier.
The Letter of Credit transmission is usually made available to you within 5 days of the application.
In addition Amkel can also provide post shipment finance of up to 120 days.
Amkel also offers the service of dealing with Transferable Letters of Credit.
On the advice of our customer, Amkel will receive the Transferable Letter of Credit from the ultimate buyer and transfer the same to the ultimate supplier, ensuring that confidentiality is maintained at all times.
Upon shipment of the goods, Amkel will handle the documentary requirements, as stipulated in the Letter of Credit.
Once settlement of both sides of the Letter of Credit has been effected, Amkel will then account to it's customer for the proceeds
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Our Services
Trade Finance Services
Amkel is a specialist International Trade Finance and Factoring service provider in the international business community. Our Directors have over 25 years experience in domestic and global finance, we can help you source the following facilities:
The StoryA successful trader has to live with the fact that once his credit line is established by his banker, in most instances it will remain unchanged until the next set of annual financial statements are prepared. A banker cannot look beyond the numbers, so a trader's growth potential and profitability is limited to its established credit line.
Given the current climate post 9/11 with the US Bank Secrecy Act, the US Patriot Act and the US OFAC, banks are becoming even more regulated and are stretching already overburdened resources to manage compliance issues, especially in their international trade services departments.
Amkel offers non-traditional trade finance solutions for fast growing trading companies that are long on orders and short on cash.
Amkel's mission statement is to provide working capital solutions to fast growing companies involved in international trade. The company prides itself with its consultative, non-cookie cutter method of analysing, mitigating and structuring risk. The following are some typical scenarios:
Purchase Order Finance
The Client needs to complete the following:
Contact Information
Amkel Capital Russia
Amkel Capital
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