Commerzbank supported Carpentier Packaging GmbH in opening letters of credit, in particular with guarantee and letter of credit texts, as well as the possibility of confirming letters of credit.
The peculiarities of a letter of credit are primarily in the detail. Thanks to precise formulations, discrepancies with business partners can be avoided.
This advice has paid off for Carpentier: the company has produced its first machines for a customer in Turkey. Despatching the goods and receipt of payment went smoothly – in the end the order from Turkey contributed sales of over 500,000 euros to the coffers in Wörrstadt.