Maruti Associates

Frequently Asked Questions


Maruti Associates ( Proprietorship firm ) service provider to Importer and Exporters Contractors since 2001 online trusted by D&B since 2011 Maruti Associates LTD is also registered in Seychelles as business Consultants since 2020.

A client buying regularly from his supplier is opening letters of credit or making deposits, etc. When the letter of credit is opened through us, he does not need to use his money until the goods arrive.

Fill out our application form online provide KYC ,AML

We will provide you with a quote for the fee and a letter of credit draft. Get our letter of credit draft accepted with your supplier/beneficiary.

Pay our fees and get indemnity documents signed .

One of our partner financial institutions will issue your letter of credit and SWIFT it to the beneficiary’s bank.

Before paying any fees, MA will give you a L/C draft to send to your beneficiary. Once the beneficiary has accepted the verbiage, you can pay your fees and we will SWIFT out the documents within 1-2 business days. But once the instrument is issued all fee paid to banks and MA Become non refundable.

Anyone can open a letter of credit with us for a fee. Your credit rating or standing with the bank or lender has no effect.

DLC, LC ,SBLC , BG , APG

Yes we can give with A+ rated banks and non rated banks.

We open Instruments for almost any sum above 200,000 EURO/GBP or USD.

We are able to open letters of credit of almost any size depending on the banks .

The Instruments charge depends on a number of factors - the term and who issues it. type of institution , No days , credit information of client . We are 100% transparent with our fees.

The Instruments for which we arrange issuance are opened using our bank accounts at global institutions. Because we don’t ask our clients for specific security collateral in advance you do not tie up cash or your credit line. When you open through us, you use our credit lines.. not yours. It’s a faster and more efficient process..

In most cases, we do not require a specific collateral deposit to open a Instruments. We offer “transactional” based finance.

We specialize in servicing companies working with fast-moving consumer goods. We can open Instruments for almost any type of goods. That said, we will not get involved in transactions involving weapons or ammunition, animal products or any restricted items by Governments.

After receiving the Instruments opening fee, if for any reason the Instruments is not open, we will give our client a full refund.

All of the instruments that we issue are irrevocable and cannot be canceled except by the beneficiary. There are however certain transactions that can be made conditional by the buyer and the Instruments is made revocable in these instances.

Once the Instruments is opened your fee cannot be refunded. We recommend to all of our clients that they assure themselves of their suppliers’ ability to perform before opening any banking instruments to them. That is why we provide the draft before opening the instruments.

MA is a service provider and we do not participate in our client’s profits. Our clients pay us a nominal fee based on their costs of goods or services to arrange issuance on their behalf for their chosen transaction.

We have been in business for many years since 2001 and have a very good reputation. Online trusted by D&B since 2011, Our Credit reports are also available online with D&B and we can also provide on demand . We can provide the bank comfort letter and other documents on demand. We maintain significant facilities with major banks in cities throughout the world.

We always require our fees by wire transfer before opening the instrument.

Yes we can do through Escrow .com

We are not a bank. We are a Service provider and application portal to several banks.



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