Documentary Credit
Let the best specialists advise you on how to minimise your export risk. You will find solutions tailored to the needs of your company to enable you to export at no risk.
Documentary credit for exports is an undertaking in which the buyer’s bank undertakes to pay the seller against release of the documents requested in the documentary credit provided the terms and conditions of same are complied with.
Our team is at your disposal to advise you, if necessary, and implement your request.
If you need more information, visit our branches or your personal agent.
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Advantages
- Secure payment. The payment commitment is furnished by the bank, not the buyer.
- Irrevocable: it cannot be modified without your knowledge.
- Access to new markets: it offers protection when dealing with new or emerging markets.
- Internationally accepted standards (proposed by the International Chamber of Commerce).
Apply now...-
Internet
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Visiting our branches
- At BancSabadell d’Andorra we offer you:
- Immediate opening of your documentary credit
- Personalised, professional management of documentary credit
- Immediate revision of the documents by the finest professionals
- Documentation
- Balance sheet and profit and loss account
- Bank statements of last 6 months if not a BSA customer