Import Letter of Credit
An Import Letter of Credit is an irrevocable undertaking provided by the Bank on behalf of the Buyer to make payment to the Seller against presentation of shipping documents conforming with LC terms and conditions
Features:
Import Documentary Collections & Avalized Drafts
The Seller Bank entrusts the collection of payment to the Buyer Bank for shipments effected with instructions for onward presentation of documents to the Buyer viz. whether under payment or acceptance basis
Features:
Loans against Import / Trust Receipts
Provides the Buyer with financing to pay the Seller for the value of goods imported
Features:
Shipping Guarantees
A written guarantee issued by the Bank in favor of the Buyer to be presented to the Shipping Company or its Agents for release of goods
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.