Check document of loan or receipt into account

  Letter of Loan review refers to the comprehensive services provided by the Laos Bank for exporters under the letter of Loan, which integrates document review, remittance requests, and receipt of receipts.

  Handling process:

  1. After the exporter (the beneficiary of the letter of Loan) prepares the goods for shipment by the terms of the letter of Loan, submits the export documents to our bank;
  2. After reviewing the documents, our bank will send the documents to the foreign issuing bank or designated bank for remittance claim;
  3. After receiving the documents, the foreign issuing bank will prompt the applicant for issuance under the letter of Loan;
  4. When the foreign issuing bank pays our bank when it is due, our bank will release the payment to the exporter.