What we offer
We provide exporters (sellers) and importers (buyers) with an opportunity to minimise risks related to payment for delivered goods and optimise settlement using documentary operations.
Settlement with documentary operations
A good way to pay for goods and services to a partner in another country.
Banks process and pay for documents only, without handling goods directly.
Paid by a bank.
The importer’s bank makes the payment instead of the importer (i.e. buyer or recipient of cargo).
Bank fees are paid according to the trade partners’ agreement and may be covered by importer, exporter, or shared.
A uniform standard is enforced by banks worldwide. The regulations of the International Chamber of Commerce (ICC) describe the exact procedure for each type of operation. All banks that provide these services are guided by the same regulations.