An export letter of credit protects you from the buyer’s credit risk. When you export under the letter of credit, issuing bank is liable to pay you, provided that all documents are as per stipulated conditions.
On the occasion of Hijri New Year, the bank will be closed Monday, 15 June 2026 & shall reopen for business on Tuesday, 16 June 2026. uBank Centers except Emirates Group Headquarters uBank will remain open for your convenience.