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Sovereign Bank
Banking: Business Checking, Business Cash Management, Business Online ServicesCredit: Lines of Credit and Loans, American Express Business Cards, Vehicle Lease and Finance, Equipment Leasing and FinanceInsurance: Small Business Insurance, Life Insurance, Term Life Insurance, Long Term Care Insurance, Disability InsuranceInvestments: Investment Accounts, Employee Pension PlanInternational Trade: Import Trade Services, Export Trade Services, Trade Finance, Foreign Exchange, Online Services, ResourcesPlanning: Starting a Business, Expanding Your Business, Health Savings Account Employer Program, Health Savings Account Broker Program
Import   |   Export   |   Finance   |   Foreign Exchange   |   Online Services   |   Resources
Export Letters of Credit
Export Letter of Credit Confirmations
Export Documentary Collections

Export Trade Services
Export Trade Services
Sovereign's Export Trade services will help you speed and simplify the export of merchandise, and ensure minimal risk to you and your trading partners.

Export Letters of Credit
Issued by an overseas bank on behalf of its customer, the Export Letter of Credit (L/C) minimizes your risk of non-payment by foreign buyers.
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Export Letter of Credit Confirmations
A Letter of Credit (L/C) confirmation by Sovereign Bank guarantees that you receive payment per the terms of an L/C.
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Export Documentary Collections
This cost-effective alternative to a traditional L/C is “just-in-case” protection when working with established trading partners.
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Trade Finance Solutions
Protect foreign receivables against nonpayment.
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