Letters of Credit

UniBank is always at your disposal and guarantees the payment process!

The letter of credit is the most reliable payment instrument, which protects both the seller and the buyer, especially when they are new partners in the international trade. An advantage for the buyer when using a letter of credit is the certainty that he will receive the agreed goods due to the well-specified documents in the terms and conditions of the letter of credit.

An advantage for the seller when using a letter of credit is the certainty that he will collect for the goods delivered by fulfilling the terms and conditions of the letter of credit.
The letter of credit as an instrument is internationally regulated by the generally accepted Uniform Customs and Practice for Documentary Credits, Revision 2007, UCP 600 issued by the ICC in Paris.

Import (NOSTRO)letter of credit is an instrument to secure payment in case of export of goods and services.

Export (LORO)letter of credit is an instrument to secure payment in case of export of goods and services.

We know that for every business in the domain of import and export of goods and services, reliable and timely delivery as well as timely payment from your business partners abroad is significant. Take advantage of the opportunity we offer you to use letters of credit that will significantly increase the reliability of the business relationship and facilitate work with your suppliers and customers.

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