Export/Import Documentary Credits

Bank of Africa Europe offers its confirmation for documentary credits issued by a wide range of banks in Africa and the Middle East.  In addition, upon request, we can extend our confirmation to documentary credits issued by banks outside these regions.

Our skilled team and advanced technical resources enable us to provide rapid notifications—via phone, email, or fax—on the same day of receipt. We also conduct pre-verification of documents and offer advice to exporters to prevent discrepancies, ensuring smooth and straightforward negotiations.

We advise our clients on the technical details needed for the proper preparation of commercial and financial documents. This leads to more efficient transaction collections and enhances the professional image our clients present to their foreign buyers.

When the terms and conditions specify deferred payment (e.g. 90 days B/L, where B/L stands for Bill of Lading), we offer an advance payment of 100% of the export amount. This is done through a straightforward process, without the need for contracts or notarial intervention, and at a very competitive rate.

Our expertise also extends to the professional handling of Stand-By Letters of Credit, Transferable Documentary Credits, Back-to-Back Documentary Credits, Documentary Payment Orders, and Import Documentary Credits.