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Documentary credits

A documentary credit – also known as a letter of credit – is an irrevocable undertaking issued by a bank at the request of an importer to make payment for goods to an exporter upon presentation of specified documents that comply with the terms and conditions set out in the documentary credit.

From the exporter’s perspective, the documentary credit transfers any payment risk from the importer to ANZ. It is considered to be the most reliable and secure way for importers and exporters to protect their interests and minimise their respective risks in a trade transaction.

Optimising business performance

Benefits for importers

  • Enables an importer to enter into a trade by reducing certain risks, such as their goods arriving late or not meeting the importer’s specifications
  • Assists an importer with financing the purchase of goods in a way that matches up with the importer’s domestic cash flow requirements

Benefits for exporters

  • Documentary credits are regarded as the most acceptable means of credit risk control and payment throughout the world for the sale of goods between traders in different countries
  • Provides an exporter with the option of obtaining pre or post-shipment finance to help the exporter satisfy their working capital requirements

From aerospace to zinc
and just about everything in between

ANZ Institutional supports customers across a wide range of industries operating domestically or moving goods and capital across Asia-Pacific and beyond.


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If you're an existing customer
speak to your ANZ Relationship Manager
or Account Manager

For general enquiries 
from within Australia

Call 1300 883 798


For general enquiries
from overseas

Call +61 3 9601 1260


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