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Wells Fargo Commercial Letter of Credit

Wells Fargo Commercial Letter of Credit details
  • Available to customers with an established Wells Fargo business checking or savings account
  • Up to $250,000
  • Secured by Wells Fargo deposits
  • Typically businesses with $2-5 million in annual sales

Great For

  • International trade transactions
  • Guaranteeing payment per contract agreement
  • Identifying delivery of goods and making final payment

Other Features

  • One year; renewable term
  • Two week processing upon complete Letter of Credit application

Fees

Fees

  • Call 1-844-807-5060 to learn about the fees associated with a Letter of Credit.
Call us at 1-844-807-5060 Mon – Fri: 6:00am – 6:00pm PT

Why a Commercial Letter of Credit?

The Commercial Letter of Credit guarantees payment on behalf of the buyer to the seller generally upon delivery of goods, typically used for international trade.