Letter of Credit
If another company requires a guarantee regarding your account, we can issue a Letter of Credit on your behalf. This is an assurance from VantageOne Credit Union to the company or party in question that funds are available and payment of a specified amount will be made to them on your behalf.
To get a Letter of Credit from us, you’ll need to ensure that the referenced funds are available in your VantageOne business account and we’ll provide you with a letter confirming that we will pay the company on your behalf.
Chat with us, e-mail us or give us a call about getting a Letter of Credit.