With a letter of guarantee from IDB you can easily facilitate and finalize bank transactions without having to worry about funds.
Whether you’re importing into Iraq or exporting local products, IDB can provide you with appropriate Letters of Credit to facilitate and speed up your payments.
Letters of Credit are the preferred payment method in international trade as they cover the rights of all parties involved.
We also offer Inward Letters of Credits for exporters, since they are the most efficient and practical method of payment, for seamless and trouble free trading.