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Develop your international activity
Letter of credit
Letter of credit
Optimize your import-export transactions
Expand your business transactions internationally and benefit from our expertise in Documentary Credit.
Optimize your import-export transactions
Expand your business transactions internationally and benefit from our expertise in Documentary Credit.
Ultimately important service
To facilitate and settle international and local commercial transactions
For coverage against diverse international transactions' risks
As a universal tool that can be used worldwide, for all types and amounts of goods and services
Several commitments undertaken by SGBJ
Letter of credit for import: guarantees to the supplier his payment within the predefined time frame and to the importer a maximum control over documents, deadlines, means of conveyance and channels used, etc.
Letter of credit for export: secures exports by eliminating the financial risk of the importer.
Stand By letter of credit: guarantees to the supplier the settlement of the specified payment amount in case the importer fails to fulfill the settlement obligations, particularly in the case of successive and renewed deliveries.
Back to Back credit: is used when the Documentary Credit is not transferable, or when the first beneficiary fails to respect the purchase contract conditions.
Interested?
Visit any SGBJ branch:
Sign a request to initiate a Letter of Credit reflecting the commercial contract terms signed between the seller and the buyer (Letter of credit for import)
Receive a notification of the credit opened in your favor (Letter of credit for export)
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