(Import / Export)
BRED documentary letters of credit for importers and exporters help with assurance that ensure that all documents are in order, and that payment is received in the manner in which your business requires.
For Importers
A BRED letter of credit offers you a secure means of paying your suppliers by ensuring the documents you stipulate are in order before we effect payment. This will help you minimise the risks associated with payment for your imports.
With agent banks in major countries worldwide, BRED trade services enable you to process your international payments right on your doorstep.
For Exporters
As an exporter, a letter of credit gives you the assurance of receiving payment against your shipping documents which comply strictly with the terms and conditions stipulated in the letter of credit.
You must be able to comply with the terms and conditions and, in particular, avoid any discrepancies in your documentation. BRED’s trade advisors will be able to help you with this.
