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Documentary Credits

Documentary credits enable importers and exporters to mitigate the risks of non payment and non-performance as stipulated in a contract of sale.

Top features

  • Security – payment is guaranteed by a bank, provided that all the terms and conditions of the documentary credit are met.
  • Better control – terms and conditions facilitate the control of quality, quantity and time of shipment.

 

Benefits

  • Protection – documentary credits offer protection to you and the seller.
  • Improves cash flow – they facilitate trade finance opportunities.
Additional Information
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Similar Pages
Payments & Receipts

Nedbank’s payments and receipts transmit your funds securely around the world through the SWIFT network. Secure and reliable; Fast; and more...

Guarantees

Guarantees are used to provide additional surety of performance and/or payment to your business counterparty

Foreign Exchange

Nedbank has a team of foreign exchange specialists to provide all the practical support and advice to make managing currency risk simple and cost-effective.

Documentary Collections

Documentary collections offer you a simple, secure method of payment for the exporter to dispatch goods or provide services to an importer and obtain payment through banking channels. Simplicity; Control; and more...

Trade Finance

Thrive in the marketplace with a competitive edge from Nedbank Trade Finance.

Customer Foreign Currency Account

If you make or receive regular cross border payments, having a dedicated Foreign Currency Account will increase the convenience and ease of handling of your foreign currency denominated payments.


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Your feedback matters

What do you think of the new site?

Give us your suggestions

Contact Us
+268 3278 1999
Send us feedback

Important Links
Terms and Conditions
Fraud Awareness
Disclaimer
Privacy Notice

Personal
Business
Corporate
About Us
Careers
News
Social Links
Nedbank Swaziland
Nedbank Swaziland

Nedbank Swaziland Limited Reg No CB39/1974.

Authorised financial services and registered credit provider.

Nedbank Swaziland Limited Reg No CB39/1974.

Authorised financial services and registered credit provider.

Not the page you are looking for?
Back to Previous Page

Similar Pages
Payments & Receipts

Nedbank’s payments and receipts transmit your funds securely around the world through the SWIFT network. Secure and reliable; Fast; and more...

Guarantees

Guarantees are used to provide additional surety of performance and/or payment to your business counterparty

Foreign Exchange

Nedbank has a team of foreign exchange specialists to provide all the practical support and advice to make managing currency risk simple and cost-effective.

Documentary Collections

Documentary collections offer you a simple, secure method of payment for the exporter to dispatch goods or provide services to an importer and obtain payment through banking channels. Simplicity; Control; and more...

Trade Finance

Thrive in the marketplace with a competitive edge from Nedbank Trade Finance.

Customer Foreign Currency Account

If you make or receive regular cross border payments, having a dedicated Foreign Currency Account will increase the convenience and ease of handling of your foreign currency denominated payments.

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