For a letter of credit payment, the buyer will issue the letter of credit from their issuing bank to the seller’s designated bank. Alibaba.com will help the seller to register the letter of credit information and scan a copy of swift/necessary documents on the My Alibaba system. Alibaba.com will also help with handling the documents review and presentation of such documents to the negotiating bank. Alibaba.com, together with licensed financial institutions, could provide L/C financing to Chinese sellers. The deal information will be kept under confidential conditions.