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One Credit, Many Shipments

The Problem With Opening a New LC for Every Shipment

Time-Based vs Value-Based Revolving Structures

Cumulative vs Non-Cumulative Reinstatement

When Union Bank Would Recommend a Revolving LC

Real-World Signals & a Full Worked Example

Revolving LC Check

Revolving letters of credit — time-based vs value-based structures, cumulative vs non-cumulative reinstatement, and when Union Bank would recommend one over a series of separate LCs.

One credit, many shipments. Learn how revolving LCs reinstate automatically for recurring trade relationships — and when recommending one saves a client real money on issuance fees.

Revolving Letters of Credit

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