Krungsri provides Assignment of Proceeds under L/C service to 3rd
party beneficiaries according to instructions of beneficiaries under L/C. Krungsri will transfer only the right to receive payment according to L/C while the right to take actions under L/C conditions still remains with exporters or beneficiaries specified in L/C.
Provide you and your suppliers (Assignee) with assurance and convenience in payment.
After receiving payment from your overseas buyers, Krungsri will assign the proceeds to your suppliers according to your previous instructions.