Do you do business abroad? Receiving an export order and then delivering the goods is not all that it takes to do business successfully. Only once payment transactions have been fully completed it its successful. This is where ELCECO with their extensive knowledge and experience can help - securing payment for their clients through delivering comprehensive services that conform to Letter of Credit requirements.
This means maximum certainty for our exporters as we fully-manage the necessary steps required in the L/C process. Any L/C-risks are minimised in order to allow our clients to focus on their core business of selling products and services.
From our Veghel office, our team of six, enthusiastic, hands-on experts work with customers in the Netherlands and abroad.
Elceco B.V. manage all Letter of Credit processes for you including:
Not only do ELCECO manage L/C documentation processes, we also arrange documentary collections and handle other types of documentation.
Training courses on identifying and optimising the L/C process are provided to new, potential customers, as well as existing customers, from various departments within their companies. During the training sessions, we not only consider possible scenarios and obstacles but also to what extent these may pose risks in the process.
Additionally, in collaboration with the bank, we offer workshops for Evofenedex to shed light on the entire L/C process.
Interested in joining? Then contact us and we will be happy to give you more details.
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).
As our clients do business with several suppliers, companies and organisations, we work with many parties to ensure all documents conform to L/C requirements. These parties include carriers, banks, inspection offices, Chamber of Commerce and Embassies both at home and abroad. Through the collaborations formed, we have therefore been able to develop an extensive network as an independent service provider.
Would you like easy and quick access to your export documents? With Exportdocumenten.com you can create an account for free and immediately start applying for a Certificate of Origin or EUR.1 Certificate. Furthermore, for each document paid for there are no additional financial costs. The webshop has been set up to enable you to manage your documents independently. If there is something you are uncertain about or if you have any questions on how to apply for the document, simply call one of our specialists for assistance.
ABN AMRO bank and ELCECO have worked and cooperated with each other over the years to support their mutual relations and clients in all areas related to Letter of Credit transactions, ensuring the entire process is managed seamlessly and succesfully.
NLinBusiness supports entrepreneurs (particularly SMEs) who wish to grow internationally and is an initiative of employers' organisations including VNO-NCW and MKB Nederland. In carefully selected ‘Cities of Opportunity’, networks of NL Business Hubs are establishing strong connections between Dutch entrepreneurs and local business service providers in global economic growth markets . NLinBusiness also provides entrepreneurs with online insight and support through inspiring stories, market reports, and tips and tricks about doing business in diverse countries to assist the entrepreneur during their trip abroad.
This is a network of Dutch trade and production companies involved in logistic or international operations.
For many years we have worked together with the ING bank in providing services to our (joint) customers. Together we strive to provide clients with suitable, hassle-free and efficient solutions in their L/C documentation process.