• Documentary letters of credit

    If you’re exporting goods, let us receive the export letters of credit and facilitate the payment transfer of documents. When buying from an overseas seller, take control with our documentary letters of credit – import and export. It covers trading risks by giving the exporter our guarantee that payment will be made, making the deal less risky and more attractive.  This provides a higher level of security to both seller and the buyer. 

    Documents required when you apply
    • Pro-forma invoice
    • Completed import declaration form (IDF)
    • Formal letter to open L/C and how it will be funded

  • Documentary collections

    Simplify overseas transactions by appointing us to receive important documents from your suppliers and facilitate collection of the proceeds. Take advantage of a secure, easy way to collect payment. With our documentary collections, you stay in control of your goods once they have been dispatched and you know you will be paid. We offer comprehensive review and handling of your trade documents (collection instructions), providing professional advice and correspondence to supplier’s bank

    Documents required when you apply
    • Original bill of exchange
    • Acceptance letter
    • Formal request to settle bill on due date
    • Standard trade documentation

  • Bonds, indemnities and guarantees

    Get the surety you need to secure deals and negotiate better terms with an Absa guarantee, bond or indemnity. If you are looking to reduce the risk that comes with international deals and trade finance transactions, let us help provide the surety you need with our bonds, indemnities and guarantees. You get a signed undertaking by Absa on your behalf to facilitate trade transactions by securing future payment upon presentation of a complying demand.

    Documents required when you apply
    • Formal letter from you to issue bonds, guarantees, indemnities

  • Open account payments

    You can receive payment as soon as the goods are sent to the importer. Open account payments can help you succeed in today’s global marketplace by winning sales against foreign competitors. Build attractive sales terms, supported by appropriate payment methods for your business. Get seamless processing of international trade bills, which translates to better customer service and efficient response to queries.

    Documents required when you apply
    • Commercial invoice
    • Original bill of lading/airway bill 
    • Import declaration form
    • Inspection certificate
    • Customs entry form
    • Formal request/E17 form

  • Avalisation of bills

    Provide a guarantee to exporters that the payment for goods will be met. With avalisation, we provide exporters with a third-party guarantee of payment of a bill of exchange drawn on an importer under trade contract. Get secured payment to drawer under documentary collection.

    Documents required when you apply
    • Collection instruction requesting avalisation
    • Invoice
    • Bill of exchange
    • Formal letter from you to avalise bills
Need more help?

Call us on:
+233 (30) 242 9150 (network charges apply)
0800 222 333 (MTN and Vodafone customers)

Email us: 
customerexperience.gh@absa.africa