For your international trade transactions, MPCB Ltd offers different types of documentary credits:
Commercial Documentary Credit
This documentary credit is an undertaking issued by the Bank for the account of applicant to pay the beneficiary the value of the draft and/or documents provided that the terms and conditions of the documentary credit are complied with.
Transferable Documentary Credit
A Transferable Documentary Credit is a Credit under which the Beneficiary (First Beneficiary) may request the Bank's authorisation to pay, incur a deferred payment undertaking, accept or negotiate (the Transferring  Bank) or, in the event of a freely negotiable credit, the Bank specifically authorised in the credit as a Transferring Bank to make the Documentary Credit available, in whole or in part, to one or more other Beneficiary(ies) [Second Beneficiary(ies)].
Revolving Documentary Credit
A Revolving Documentary Credit is one by which, under the terms and conditions thereof, the amount is renewed or reinstated without specific amendments to the Documentary Credit being required.  The Revolving Documentary Credit is irrevocable and may revolve in relation to time or value.
Red Clause Documentary Credit
A Red Clause Documentary Credit is a Documentary Credit with a special condition incorporated into it, that authorises the Confirming Bank of any other Nominated Bank to make advances to the Beneficiary before presentation of the required documents. 
Back-to-Back Documentary Credit
.An irrevocable Back-to-Back Documentary Credit (the Primary Credit) may be made available to a third party where the Primary Beneficiary uses the Documentary Credit as security/collateral to obtain another Documentary Credit (the Secondary Credit) in favour of the actual supplier.
Stand-by Credit

The Stand-by Credit is a Documentary Credit or similar arrangement, however named or described, which represents an obligation to the Beneficiary on the part of the Issuing Bank to repay money borrowed by the applicant or make payment on account of any indebtedness undertaken by the applicant.


In all the above cases, we offer the following services:

Issuance
The letter of credit can be issued in favour of beneficiaries located in any part of the world.
Confirming
For new businesses, we can add our confirmation to letters of credit issued by ourselves or other banks giving additional guarantee to the exporters.
Discounting
For export letters of credit, we may discount usance bills accepted for payment at future dates at competitive rates in both local and foreign currencies.