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
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AUD0.14770.1482
EUR9.49519.4670
JPY11.213511.2708
MUR3.80773.8271
GBP11.348411.3148
USD7.38587.3640
Last updated 03 September 2010 at 16h37


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