Our services

Letters of Credit are a widely-used form of payment for deliveries to our international customers. In view of the complexity of this form of payment, we have fortunately been able to use Elceco B.V.’s expertise and services for many years. They manage our LC transaction process from screening set requirements, to providing feedback on these (and, if necessary, requesting and implementing amendments), and to ultimately drawing up and presenting documents. At Edel Grass we greatly value ELCECO’s precision in preparing Letter of Credit documentation as it reflects the superior quality and professionalism we strive for in an highly competitive market.

Our involvement with Elceco has proven to be not only a cost-effective investment, but has also become an extremely pleasant relationship – one which we hope to continue to enjoy for many more years to come.

“Put simply - a super service!" HYCOM BV chooses to fully rely on ELCECO in the processing of its L/Cs – and for good reason. Not only do they provide a “good old days" service with no hassle, they are always immediately and directly on hand. It's really important for us to get the right advice and information during the process. The informal rapport we have established makes communication transparent and open -  more often than not we get more than we ask for. ELCECO's service is just excellent. - Igal van der Linden

As with many companies that do not have a separate export/documents department, processing LCs (and other export documents) provided an additional challenge for our financial department.

It was for these reasons 15 years ago, Skalar decided to outsource the management of our LC transactions to ELCECO. Since then, the LCs procedure has become a mere formality for our organisation and is left entirely in ELCECO's capable hands.

The major advantage of this is that all required documentation can be prepared in advance (and, if needed, any unexpected issues can be dealt with during the early stages of the process) ensuring documents are presented to our bank almost immediately after delivery of goods. This has resulted in not only the quality in documentation being immensely improved, but also having LC payments paid almost two weeks earlier than before!

ELCECO's employees all have in-depth knowledge of LC transactions and export documentation which means there is no need to be completely dependent on a particular individual, as the entire team is well-informed of all processes in progress. Moreover, ELCECO has excellent connections with diverse banks and their subsequent departments.

Over the last 15 years, Skalar has been tremendously satsified with the service ELCECO has provided in seamlessly and successfully handling more than one hundred of their LC transactions (hassle-free).