Letter of Credit Presentation & Banking Services
Alliance Shipping is well known for its unique ASL-FLOŠ 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-FLOŠ 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-FLOŠ 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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