The valuable global tool for your cross-border transactions
Documentary letters of credit
Take advantage of the Documentary Letters of Credit, a worldwide renowned mean of payment to ensure the smooth execution of your trade transactions, based on the terms you have predetermined.
The Documentary Letters of Credit are governed by the regulations of the International Chamber of Commerce (ICC) and guarantee the delivery of goods within a predetermined period, under the terms and conditions agreed by the buyer and the vendor.
Imports' Documentary Letter of Credit
Alpha Bank, as the issuing bank and at the buyer's order, undertakes the obligation to pay the value of the merchandise to the supplier, as long as the latter complies with all the terms and conditions of the documentary letter of credit
Exports' Documentary Letter of Credit
The exporter Bank's Customer is secured against the danger of not being paid the value of the merchandise, as long as they present bills of lading that meet the terms and conditions of the documentary letter of credit.
Certification of Exports' Documentary Letter of Credit
Alpha Bank is able to certify the credit, thus undertaking the obligation to pay the value of the bills of lading to the beneficiary/exporter, according to the terms of the documentary letter of credit.
Benefit today from the capability of prepayment of the certified export credits.