Letter of Credit

A Letter of Credit is an undertaking by a buyer’s bank to pay the seller for goods supplied and/or for services provided, subject to fulfilment of specific terms and conditions.

A high volume of UK exporters who prepare their own Letter of Credit paperwork experience problems getting paid due to non-compliance with Letter of Credit requirements.

Surrey Chambers are partnered with Business West to take the hassle out of Letters of Credit for your business. The Letters of Credit team at Business West will use their strong relationships with all major global banks to submit compliant presentations to the bank. The team deliver a fully managed, comprehensive service with a view to securing payment for your exports.

The Letters of Credit service includes:

Advice on Letter of Credit terms
Presentation of all documents to the bank
Preparation of shipping documents
Compliance checks for third-party documents
Liaison with freight forwarders, shipping companies, inspection agents, etc.
Advice on Incoterms® 2020
Arrangement of cargo insurance

Got a question on Letters of Credit?

Contact our International Trade team →


Learn more about each trade document below

Patrons

Executive Partners

  • Menzies logo
  • Royal Holloway
  • RSM
  • Taylor Wimpey
  • Royal Automobile Club
  • Heathrow

I was recently at the Surrey Chambers Power Breakfast at Sandown Park Racecourse what a fantastic venue and breakfast. There was a good group of people, all with ‘can do’ attitudes as well as an engaging speaker. I obtained a number of new contacts and received further networking opportunities. I also felt that I had come from the breakfast having learnt something new which is a big bonus!

Andrew Dennis Coast to Capital

I attended the Heathrow Summit conference and had the great good fortune of spending some time with Gary Hayes & Andy Willmott who were a real credit to the Chamber. If anyone is wondering whether being a Chamber member could help their business know this, they helped me with their knowledge of local contacts and we're in Cornwall! Thanks for your time fellas and keep up the good work!

Spencer Hassell ADi Access

Louise and her team at Surrey Chambers have been and continue to be a fantastic resource for our business. They have been hugely helpful and remain a great asset to not only our business, but also the SME community in Surrey and beyond.

James Morris Trafalgar Marquees

Membership of the Surrey Chambers keeps our finger on the pulse of what matters to business and it grounds us in reality. The variety of businesses we get to meet and hear from through the Surrey Chambers events (previously face to face and now online) enriches our knowledge and broadens our perspectives and ensures we continue to shape our services and offerings to meet our client’s needs.

Jarmila Yu YUnique Marketing

Surrey Chambers of Commerce host great events and networking opportunities for businesses of all sectors and sizes. The knowledge and support they provide is especially valuable to businesses who are growing. I enjoy working with team.

Amanda Shovelton NatWest

Surrey Chamber of Commerce is in the business of working with businesses, consistently delivering quality events and a great go to for advice

Harvey Ockrim Satteliet UK

Surrey Business School is proud of its longstanding partnership with Surrey Chambers of Commerce. Our relationship with Chambers is at the heart of the connectivity we have with the local business community and enables us to forge the strongest of links to the benefit of businesses, our students and the research community.

Adrian Shanks Surrey Business School

Our membership of Surrey Chamber of Commerce has been instrumental in the growth of our business. It's opened many doors and so much of our new business can be tied back to a SCC introduction. We recommend joining the chambers to all of our micro/SME clients looking for funding, networking and brand awareness.

Esther Guy Accounting4contractors Ltd

"One of the standout aspects of my involvement has been the quality of guest speakers the Chambers bring in. For instance, I’ve had the pleasure of getting to know Sven Hughes, CEO of Enigma Strategic Communications. His insights into strategic communications have been both enlightening and inspiring, offering new perspectives on how to approach challenges in my own field of communications. Another memorable Executive Roundtable event allowed me to meet Matt Letley, Co-Chair for B Lab’s "B Local Surrey" group, whose passion for fostering responsible business practices resonated with me and many others at the Roundtable. His guidance on how businesses can work towards certification while also strengthening community ties was invaluable. The Executive Roundtable has given me far more than just professional connections—it’s fostered a space where I can exchange ideas, discuss challenges, and celebrate successes with like-minded peers. Surrey Chambers of Commerce is a pivotal organisation in the local business ecosystem, and being a part of it continues to bring me both personal and professional growth." Paul Zimmerman, COO, INV Group.

Paul Zimmerman Inv Group

I have only been a member of Surrey Chambers of Commerce for just over a year and I have already made so many new and supportive friendships as well as gained business from members and through referrals. The networking meetings are always professionally run and there are great opportunities to attend industry specific meetings offering advice, training and updates. I’m proud to be part of such a professional organisation.

Travel Tony Travel Tony

ramsac have been proud members of Surrey Chambers for over 20 years. During that time we’ve received support in the form of training and business community links, we’ve expanded our local network and we’ve had opportunities to promote our SME IT services to the wider Chamber membership by supporting and sponsoring events and providing keynote speakers to talk about IT and employer issues.

Dan May ramsac

If you are looking for an organisation with a membership of like-minded business owners sharing common interests with a willingness to support colleagues, then in Surrey Chambers you have found what you are looking for. With caveat that yes, you have to put the work in to attend the meetings, thoroughly recommended.

Ges Ray Presentation Excellence

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