Noah Bank's International Dept. is designed to meet all of your import and export needs with following
services and benefits: The Import Letter Of Credit is a conditional undertaking of payment by a bank. It assures that the seller will be paid
only after they have fulfilled all their documentary obligations.

Benefits of Importers

*The possibility to structure the payment plan in the contract according to the importer's interests.

*Assurance of timely shipments as documents are presented and terms met before the payment.

*Opportunity to get Trust Receipt (TR) is a type of short-term import loan to provide the buyer with financing to
settle goods imported under Letter of Credit where title of goods is held by the bank.

*The possibility to structure the payment plan in the contract according to the importer's interests.

*Assurance of timely shipments as documents are presented and terms met before the payment.

*Opportunity to get Trust Receipt (TR) is a type of short-term import loan to provide the buyer with financing to
settle goods imported under Letter of Credit where title of goods is held by the bank. The Export Letter of Credit is issued by the buyer's bank. That bank commits to pay the seller when the seller have complied with the documentary terms identified in the letter of credit.

Benefits of Exporters

*Guaranteed payment upon presentation of the documents specified in the terms of the letter of credit.

*Reducing the production risk, first of all, for the situations when the buyer cancels or changes his order.

*Payment by negotiation.
The nominated bank reviews the documents presented by the beneficiary and determines if they comply with the
terms and conditions of the Credit. If the documents comply with the terms and conditions of the Credit,
the negotiating bank pays the exporter with or without recourse and claims reimbursement from the issuing bank through the reimbursing bank. A Transferable Credit (Transferable Letter of Credit) is generally used when the beneficiary of an Import
Documentary Credit is not the actual supplier of the goods, but an intermediary (middleman or agent).
A Transferable Credit is a regular Import Documentary Credit (Import Letter of Credit) with an additional term that
allows a named bank to transfer an amount of the Import Documentary Credit to one or more of the actual suppliers
or any transferee requested by the beneficiary and agreed to by the bank. This transfer is completed at the request
of the beneficiary provided that the bank agrees to the transfer.

Benefits

*Improves your revenue potential

*Allows you to conduct business on a larger scale

*Access to trade finance expertise Standby letters of credit is used where are legally barred from certain type of guarantee. It serves as a parallel (collateral) payment source in case the primary source fails to meet its obligation in part or in full.

Benefits

*Avoid or secure advance payment

*Secure compensation for non-fulfilment of important obligations

Use a Standby Letter of Credit to:

*Secure a personal or business real estate transaction

*Support a lease agreement or credit enhancement A service provided by banks to sellers in obtaining payments. This service is usually transacted by the seller's bank through the buyer's bank, with the latter presenting the shipping documents to the buyer in exchange for payment

Benefits

*Simplicity

*Convenience

*Security

*Guarantee payment