Import

When you import goods or services, using documentary credits as your method of payment offers several advantages.

D/C for importers

These are some of the benefits of documentary credit for importers:

No obligation to pay unless all the conditions of the documentary credit are fulfilled.
Using documentary credits with extended credit terms may be an alternative to traditional forms of bank finance such as overdrafts.
A possible discount from the exporter because of secure and fast payment.
Multiple payments can be made under a documentary credit.
Your credit reputation is enhanced by providing suppliers with documentary credits.
Improved security for prompt shipment of goods.

Go local Read about our trade and export finance services across northern Europe (new window):	Document checklists What to look out for in every document involved in the documentary credit process: