For greater security in the international business of your Company
A Documentary Credit is an order given by an importer to its Bank so that the bank assumes towards the beneficiary (exporter), the commitment of paying, accepting or negotiating a bill of exchange of a specific amount (value of merchandise), provided the beneficiary presents the documents required, in compliance with all the terms laid out in that commitment.
It is aimed at Clients in the exporting/importing business that need to carry out collections or payments in which the degree of trust between seller and buyer is very low.
- Export documentary credits
anco Único notifies or confirms the Documentary Credit open in his favour, by a foreign bank, under order from its client/importer.
- Import documentary credits
At your request, Banco Único assumes the commitment of paying your imports, to your supplier, against presentation of the documents required, provided that all terms and conditions are met/fulfilled.
