Letters of Credit

A Letter of Credit facilitates financing, provides legal protection and assures expert examination of all documents related to the import/export transaction.

Bidvest Bank offers its clients a number of variations of the Letter of Credit:
  • Irrevocable (straight) documentary credit
  • Irrevocable negotiation documentary credit
  • Irrevocable documentary credit (unconfirmed documentary credit)
  • Irrevocable Confirmed Documentary Credit
  • Revolving documentary credit
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Retail foreign exchange rates
 Notes sellOther sell
AUD0.14420.1447
EUR10.331110.3004
JPY11.753011.8130
MUR3.94023.9604
GBP11.338211.3046
USD7.56947.5469
Last updated 11 March 2010 at 10h02


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