Export
Using documentary credits when you export goods or services means the importer’s bank commits itself to paying you when the conditions of the credit have been met. This offers a number of advantages:
Payment guaranteed by the importer’s bank prior to shipment.
Enhanced security of payment at the agreed time.
Enhanced security that the order received will not be cancelled or changed without your agreement.
Improved liquidity as payment often can be made shortly after shipment.
The possibility of financing.
It is important to note that the importer’s bank will make payment only after you have complied with all its requirements and conditions. You should therefore examine the documentary credit document carefully when you receive it.
Contact
Get in touch with your local branch:
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Download forms
All the forms you need in the documentary credit process are available in
PDF files
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Document checklists
What to look out for in every document involved in the documentary credit process:
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Drafts/bills of exchange
Invoice
Bill of lading
Air waybill
CMR
Insurance
Packing list
Certificate of origin
Certificates/declarations
General
Legalising documents
Overview of checklists