Import
When you import goods or services, using documentary credits as your method of payment offers several advantages:
No obligation to pay unless all the conditions of the documentary credit are fulfilled.
Using documentary credits with extended credit terms may be an alternative to traditional forms of bank finance such as overdrafts.
A possible discount from the exporter because of secure and fast payment.
Multiple payments can be made under a documentary credit.
Your credit reputation is enhanced by providing suppliers with documentary credits.
Prompt shipment of goods.
To request a documentary credit, fill out an application for issuance and send it to Northern Bank.
Contact
Get in touch with your local branch:
Find your branch
.
Download application form
Documentary credit forms for importers are available in
PDF files
.