Commercial Letters of Credit
Whether your business takes you around the world or just to the East End, Dime will work with you to provide fixed Standby Letters of Credit¹ to ensure that your transactions are uninterrupted.
Your commercial payments, guaranteed.¹
Protect your business from losses caused by a third party's failure to perform an obligation. With commercial letters of credit, you can help pay for unpaid invoices or contracts.
Our relationship manager will discuss your needs and then structure a fixed, Standby Letter of Credit to help reduce risk and ensure payment. To help us prepare, please follow these three steps.
¹ Subject to Dime approval.