RSD Overdraft facility
Use funds above the available amount in the current account, up to the amount of approved negative balance.
More information about Nostro - Import letter of credit
We offer you a foreign payment instrument, which includes an irrevocable liability of the Bank to pay for the imported goods to the beneficiary (supplier) upon your request and for your account as the applicant (importer), based on valid presented documents
- Obtain a longer period for the payment of liabilities, which will have positive impact on the cash cycle and working capital management
- Increase the volume of business activities through the settlement of contractual liabilities, establish cooperation with new suppliers
- Improve liquidity by replacing advance payment of own cash
- You will be approved funds up to the amount of proforma invoice issued by the foreign supplier, in accordance with your credit standing
Import letter of credit is available with an
RSD account for domestic legal entities and entrepreneursUseful documentation
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