Letter of Credit Service with Banks
Providing investors with the required liquidity through SIDF’s guarantee of letters of credit, in cooperation with commercial banks.
Target Audience:
SIDF active clients
Service Type:
Finance
Service Duration:
1 Month (This time frames only apply if all the supporting documents were submitted in a timely manner).
Benefits
- Client: Contracts with the supplier.
- SIDF: Finances and guarantees the letter of credit according to terms and conditions.
- Bank: Issues the letter of credit and ensures compliance with shipping, insurance, inspection, and certificate of origin documents.
Comments & suggestions
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Last Modified Date: 07/14/2026 - 06:41 PM Saudi Arabia Time
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