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Letter of Credit Service with Banks

Providing investors with the required liquidity through SIDF’s guarantee of letters of credit, in cooperation with commercial banks.
Target Audience:

Target Audience:

SIDF active clients
Service Type:

Service Type:

Finance
Service Duration:

Service Duration:

1 Month (This time frames only apply if all the supporting documents were submitted in a timely manner).

Frequently Asked Questions

FAQs
Phone

Phone

8001160004
Email

Email

info@sidf.gov.sa
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Benefits
  • Ensure the availability of liquidity to cover project costs.

  • Accelerate project implementation procedures.

  • Offer low fees for issuing letters of credit.
  • Client: Contracts with the supplier.
  • SIDF: Finances and guarantees the letter of credit according to terms and conditions.
  • Bank: Issues the letter of credit and ensures compliance with shipping, insurance, inspection, and certificate of origin documents.
Comments & suggestions

Comments & suggestions

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Last Modified Date: 06/30/2026 - 02:02 AM Saudi Arabia Time

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