Import - Export Documentary Credit and remittances
An Import documentary credit is a payment commitment given by an issuing bank (on behalf of the buyer) to a beneficiary (seller) notified via a third party bank.
Documentary Credit has become a widely used collection/payment method which is highly secure for import and export transactions. It is the most comprehensive solution to cover your risks.
Do not hesitate to contact us to find out about terms and conditions (subject to Banco Sabadell Credit Committee approval).