Export Letter of Credit (Advising / Confirmation)
An Export Letter of Credit is an irrevocable undertaking provided by the Buyer’s Bank guaranteeing payment to the Seller against presentation of shipping documents conforming with LC terms and conditions.
Features:
Export Documentary Collections
The Seller entrusts the collection of payment to the Bank for shipments effected with instructions for onward delivery of documents to the Buyer viz. whether under payment or acceptance basis
Features:
Export Pre-Shipment / Packing Credit Loan
Loan granted to the Seller against Export Letter of Credit/Purchase Order
Features:
Export Post-Shipment / Bill Discounting Loan
Loan granted to the Seller for the value of shipment effected to the Buyer
Features:
IBAN refers to the International Bank Account number
IMPORTANT: Please carefully enter your valid NBB Account Number. Any error in entering the Account Number will result in wrong IBAN number. The bank will not be held liable for any damage or lose of whatever nature directly or indirectly.
Please fill in all the required fields in order to process your request.