Import letter of credit
Let the bank pay suppliers on your behalf, giving suppliers’ added peace of mind that they will receive payment only against their presentation of the correct documents and it gives you the comfort that the documents are evidencing the goods have been shipped as contracted and that the documents will be presented before your supplier is being paid or promised to be paid.
We offer the issuance of all Types of LCs (Local, International, revolving, standby)

Export letter of credit
Emirates NBD’s Trade Finance Operations team offer superior service with a quick turnaround time for advising new received issuance LC and amendments. We also, offer you, Transferable of LCs, Assignment of proceeds handled by experienced Tarde finance operation and the issuance of Export certificates according to the central bank of Egypt instructions

Export LC Confirmation
By adding our confirmation to the Letter of Credit , it allow you to trade with confidence by providing certainty that you’ll be paid for goods you export and you will have protection against payment default by the buyer’s bank. In addition to being a secure and fast way to receive payment, confirming the export letters of credit enable you to manage your cash flow more effectively by giving you a known payment date, currency and amount.

Discounting of avalized Documentary collections
( Export & Import documents )
We offer purchase of the avalized bill of exchange at a discount.
As an exporter this will significantly reduce non-payment risks and country risk and early access to fund.
As an importer this provides advantages to you and your supplier, your supplier gains early access to fund at interest rate that may be lower than those available in their local market , you gain time to sell the goods and generate the cash you need at maturity of the bill.

Documentary Credit (LC) Discounting ( Export & Import LCs )
You can use LC Discounting if you sell or buy on credit terms using letters of credit as a means of settlement.
For you as an exporter:
LC discounting allows you to receive funds as soon as there is a binding commitment from your buyer’s bank that payment is due on a specific future date. As an exporter this enables you to receive payment sooner, you don’t have to wait for your buyer to pay you and gives you the ability to offer your trading partner longer payment terms and improve your business relationship.
For you as an importer:
LC discounting allows you to control your cash flow as we will pay the funds as soon as it become our binding commitment that payment is due on a specific future date. As an importer it helps you to improve cash flow by accelerating the payment to your suppliers that put you in a stronger negotiating position and can help place you in a position to negotiate better pricing that allows you to pay your suppliers early.

Enjoy reduced paperwork

You will receive a copy of your trade advices and swifts via email and SMS automatically once the transaction is processed on our core trade banking application.

The service is free of charge.

To subscribe to the new service, please fill in and sign the request from our application forms center.

For Apply now, please click here

Tailored for Large corporate clients who are registered to SWIFT platform, now you can submit your request of LGs & standby LCs through SWIFT. MT798.

For Application, please click here