Documentary Credit

Documentary Credit

Documentary credit is a document issued by a bank, requesting one of its branches or another bank, to give in one or several times and under certain conditions, a sum of money to a named person a specific amount.

The payment is guaranteed by the bank. It is a widely used technique in international trade.

Specialized in cross-border transactions, Greenberg, Hornblower, Deschenaux & Partners assists you in setting up or obtaining a documentary credit.


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