What is LC discounting, and when does it make sense?
How exporters turn a usance letter of credit into cash today, what it costs, and the questions to ask before you discount.
Read · 6 minFor partners
Bring trade, earn alongside it
Credit insurers, brokers and trade advisors can help exporters reach better financing, using the same secure workspace.
Client connected3 LCs in progress
What you get
Built around how you work
One workspace for your clients
Help exporters list LCs and prepare documents in one place.
Better outcomes for clients
Pre-checked documents and competing bids give your clients cleaner, faster financing.
Clear roles and audit
What you do, and on whose behalf, is recorded on the audit trail.
Grows with the platform
Partner tools such as client dashboards and earnings tracking are on the roadmap.
Ready when you are
Set up takes minutes. We help you configure roles and security from day one.
Request a demoYour journey
From sign-up to funded deals
1Talk to usTell us about your clients and how you work with them.
2Set up your organisationYour team gets its own secure workspace and roles.
3Bring your clientsHelp exporters list LCs and prepare clean documents.
4Grow togetherBetter-prepared deals attract more bids for your clients.
Client LCs
Client A · TextilesBidding · 3 bids
Client B · SpicesPre-checked · score 88
Client C · SteelFunded
Questions
What partners usually ask
What is GIX Credit?
GIX Credit is an online marketplace where exporters holding letters of credit can have them discounted by banks and financiers. Exporters list an LC, financiers place sealed bids, and the exporter accepts the offer that suits them.
Is GIX Credit a bank or a lender?
No. GIX Credit is a technology marketplace. It does not lend money or hold funds. Financing is provided by the participating banks and financiers, under their own credit approvals and agreements.
Which countries and currencies are supported?
LCs issued by banks in any country, in any ISO currency, can be listed. Each user sees amounts in their own number format and times in their own time zone.
How much does it cost?
Exporters pay a small, transparent platform fee, shown in every bid before you accept it, so the amount you receive is clear upfront. Pricing details are shared during onboarding.
How is my account protected?
Strong passwords are required, and two-factor sign-in with an authenticator app is compulsory for financiers and platform staff. You also get an email if your password, sign-in email or two-factor method changes.
Can records be changed after the fact?
Every action is written to an audit log where each entry is chained to the previous one with a SHA-256 hash. If any entry were altered, verification shows exactly where the chain breaks.
Insights
Guides for partners
The most common LC discrepancies, and how to avoid them
Many first presentations are found discrepant. These are the mistakes that come up again and again, with the UCP 600 rule behind each.
Read · 8 minGIX Credit is live at gixcredit.com
The marketplace for discounting letters of credit now runs on its own domain, with branded, secure emails and a new public website.
Read · 2 minRequest a demo
See GIX Credit with your own LC
Tell us who you are and we'll walk you through listing, pre-check and bidding, or set up your financier rules and limits.
- A walkthrough on your own documents
- Your organisation set up with the right roles
- Two-factor and limits configured from day one