Skip to content

Build a foundation for your business that is based on trust and respect with a bank-backed letter of credit from West Shore Bank.

Key Features

  • No Monthly Fees
  • Digital Banking
  • EMV Chip Debit Card
  • Provides guarantee on payments of large purchases to third parties
  • Can replace need for costly insurance company performance bond
  • Can also be used to guarantee a service
  • Typically issued for 1-year term or less
  • Terms easily renewed
  • Fee is based on face value amount
  • Interest accrues only if we must make payment to beneficiary on your behalf