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Letter of Credit

A Letter of Credit is often needed when international purchases are made and is a great alternative to putting up a cash or performance bond.

A Letter of Credit substitutes The Bank of Kentucky's credit for your business credit and is used to guarantee payment to a supplier.

The Bank of Kentucky offers Standby and Documentary Letters of Credit which can be used both internationally and domestically.

For additional information, or to speak with an experienced commercial loan officer, click here.