Import documentary credits - International & trade

Import documentary credits

Convenient banking

ANZ undertakes in the documentary credit to effect payment to a beneficiary (overseas exporter) on your behalf. The beneficiary receives payment (upon presenting documents which comply with the terms of the documentary credit) without reference to your creditworthiness as payment risk is transferred from you to ANZ. You then reimburse ANZ for the payment made on your behalf unless other financing arrangements are made.

Features at a glance

Term drawings (up to a maximum of 180 days from date of shipment) can be arranged allowing the importer to finance the purchase of goods to match domestic cash flow requirements
Subject to normal lending requirements
The system electronically transfer the customer's credit amendment application to ANZ central operations for transmission to the "advising" bank.

For further information

For further information on import documentary credits contact our Supervisor Trade and Finance, Yvonne Tuia on +685 69 999 (extension 404) or call us on +685 69 999 to speak to an ANZ specialist today.

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