ODAS Global Consulting, a provider of global investment and business consulting, says it has launched its letter of credit (L/C) services initiative that aims to provide importers and exporters worldwide with secure trade finance solutions, backed by reputable financial institutions.

The newly launched L/C service is designed to distinguish itself through a combination of tailored financial solutions, comprehensive support, and strategic integration with global banking networks. It is also designed to facilitate secure and efficient international trade for businesses of varying sizes.​

Customised financial instruments

ODAS offers a range of L/C products, including commercial L/Cs, standby L/Cs, import/export L/Cs, as well as transferable and revolving L/Cs.

The London-based start-up says each L/C arrangement is meticulously customised to align with the client's specific transaction structure, payment requirements, and risk profile. This bespoke approach aims to ensure that clients receive financial instruments precisely suited to their operational needs.

Strategic global partnerships

Leveraging a network of correspondent banks and financial partners, ODAS aims to provide a seamless and compliant L/C issuance process while these strategic alliances should enable clients to access a broad spectrum of financial services and expertise.

As part of its broader financial services, ODAS has set itself up to act as a monetiser, aiming to attract and consolidate liquidity from various sources to support clients' financial obligations and growth initiatives.

This article represents the views of the author and not necessarily those of the ICC or Coastline Solutions.