LC & LG Lifecycle Management
Bankors provides complete lifecycle management for Letters of Credit and Letters of Guarantee—from creation to amendments to closure.
Key Capabilities
- Create & issue — Set up LCs and LGs with applicant, beneficiary, and contract references in minutes.
- Amend with confidence — Extend validity, adjust amounts, change beneficiaries—all tracked with full history.
- Automatic calculations — VAT, bank charges, and margins computed accurately for every transaction.
- Preview before posting — Validate details and journal entries before submission.
Transparency
Every amendment is logged with time stamps for compliance, audits, and stakeholder visibility.
The best of Bankors | Financial Management Platform for LCs, Guarantees, Loans & Bank Facilities.Delivered twice a month.