Letter of
Credit Presentation & Banking Services
Alliance Shipping is well known for its unique ASL-FLO© letter of credit
presentation services, this superb facility offers the following
benefits free of charge to Alliance
export customers:-
- Vastly improved cash flow through
immediate negotiation of documentary credits
with the issuing banks – usually within 24 hours of
presentation
- Bank overdraft/interest charges often amounting to tens
of thousands of pounds per annum can be saved through
utilisation of the ASL-FLO© system
- Conversely, interest payments accrue to your account as
a result of earlier repatriation of funds from payments
being secured for your goods
- Overseas consignee/customer satisfaction is enhanced as
a result of quicker release of documents from the bank,
which enables your company’s valuable product to be
delivered on-site within projected lead-times.
- Penalty clauses and additional overseas charges (ie.
demurrage, quayside rents etc) are obviated through the
ASL-FLO© system
Alliance enjoys an enviable
reputation with this value added service which
has operated for almost twenty five years from its London Head
Office serving a multiplicity of U.K. based export companies,
particularly specialising in the more complicated export
arenas (ie. the Middle East, the Far East, West Africa and
South America).
This service is offered free of charge
to Alliance export shipping customers and is underwritten by Lloyds
of London guaranteeing the security of your valuable export
orders.
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