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Fifth Third Trade Services Limited
Reduce the cost of import letters of credit by having them issued in Hong Kong by Fifth Third Trade Services Limited (FTTSL). FTTSL is a subsidiary of Fifth Third Bank chartered for the sole purpose of issuing Letters of Credit for Fifth Third Bank customers.
Since many goods imported into the United States originate in China and other Asian countries, having your letters of credit issued in China places the issuer in closer proximity to your suppliers, often reducing their costs.
Clients can request the issuance of a Letter of Credit by FTTSL through Fifth Third Global Trade DirectSM.
You can initiate, manage, and track all your funds transfers through Fifth Third Direct, your secure online portal.
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Find out more about Fifth Third Trade Services Limited. Contact a Global Trade Solutions Sales Representative or Product Specialist.