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Import Documentary Credits
Import documentary credits (DCs) secure the settlement of international import transactions
Why do I need an import DC?
- Do you import unfinished or finished goods?
- Do your suppliers demand payment on delivery?
- Do you have to pay advances or deposits backed by import loans?
Import documentary credits (DCs) improve your cash flow and help you establish brand-new trading relationships based on guaranteed payment.
Product features
- Secures the settlement of your international import transactions through a bank’s undertaking within a prescribed time period subject to the delivery of stipulated documents
- Ensures suppliers fulfil all terms and conditions, as stated in the DC, before payment is made
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