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
AUD0.14590.1463
EUR10.206410.1761
JPY11.983112.0443
MUR3.91113.9311
GBP11.373511.3397
USD7.41727.3951
Last updated 17 March 2010 at 16h28


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