Letters of credit

Letter of credit is the payment instrument by which the ordering party of the letter, through the bank, places at disposal a certain amount to user of letter of credit, which the user can collect when it meets certain conditions defined by the letter of credit. Payments by documentary letters of credit are considered safe and acceptable for participants in the payment operations since they offer protection of interests to both the buyer and the seller, more than other payment instruments.

If you import goods/services from abroad, our bank will make sure the payment is made if the conditions of the letter of credit are met.

If you export goods to foreign countries, our Bank can offer advisory service related to preliminary preparation and overview of documents.

 

For more info, please contact us at the following e-mail: pravnalica@intesasanpaolobanka.ba