Finance for Oil & Gas projects

Letters of Credit & Financing of Oil & Gas Transactions

  • Financing For Oil & Gas Purchases
  • Letters of Credit
  • Back to Back L/C’s & Transfers
  • Confirming ‘Ability to Pay’ and ‘Proof of Funds’

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Financing for Re-Sellers & Intermediaries

Are you purchasing refined oil products with the intention to resell and having difficulty showing your supplier your proof of payment or ability to pay?

ICS can provide the solution you need through a transferable Letter of Credit or Back to Back Letters of Credit.

If you are using your buyers payment confirmation to show your supplier that you have the ability to pay, you will more than likely need Back to Back Letter of Credit facilities.

Back to Back L/C’s (or Reciprocal L/C’s) mean that you can raise a letter of credit to your supplier using a letter of credit you have received from your buyer without declaring to your buyer the ultimate supplier of the product. This method is favoured with intermediaries to protect themselves and to keep their buyers completely separated from their suppliers.

ICS can arrange these facilities through world renowned banks, ensuring your letters of credit is acceptable to international suppliers and keeping costs low.

Our pricing is market driven and our terms are extremely competitive.

If you require any advice or guidance on your financing requirements, please contact us for a no-obligation quotation.

Guides to leasing Bank Guarantees

Download your free 12 series guide for everything you need to know about Leasing Bank Guarantees

Coronavirus (COVID-19) Outbreak:

In light of the outbreak of the Coronavirus, we wish to assure all our clients and potential customers that we remain open for business as usual.

Given the travel restrictions being imposed against certain nations and restricted travel to and from Switzerland, we have implemented permissions from our sources and provider groups to conduct meetings over video links and to exchange legal documents via DHL and email. This process will remain in place during the travel restrictions and we would like to assure all existing clients, customers and new applicants that they should not experience any significant delays during this time.

Whilst Switzerland has now entered the removal stage of the lockdown procedure, we are deeply understating that many other countries are not yet at that position to do the same. As a result, we have implemented existing Swiss procedures to undertake our interviews, underwriting and identification procedures online - as many other dynamic Swiss Banks have been using for the last few years.

We are now adopting a remote underwriting mode.
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If you are worried about the circumstances or have any questions, please do not hesitate to telephone us on +41 22 544 1653.

Contact Us

Get in touch today by calling us on
+41 225 441 653
or by emailing us at
admin@intacapitalswiss.ch