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Export letters of credit

Let us help secure your transactions and improve your cash flow by receiving export letters of credit on your behalf. Once we receive a letter of credit from your buyer’s bank and you meet the conditions of the letter, you will be paid out for the goods.

What you can expect

What you get
Receive payment in a secure and fast way.

Manage your cash flow better with a known payment date, currency and amount.

Strengthen your trading relationship by offering better credit terms to overseas buyers.

Bank confirmation can be added upon request.

Takes away the risk of default by the buyer, bank and country risk.

Gives you access to finance solutions both before and after actual shipment has taken place.
What you need to know
Export letters of credit are advised within 24 to 48 hours of receipt.

You must meet the terms of the letter of credit and submit all required documents before you can receive payment.

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Tel: +233 (30) 2429150 (network charges apply)
Toll free: 0800 222333 (MTN and Vodafone customers)

Email:

service.excellence.GH@absa.africa

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Absa Bank Ghana Limited is regulated by the Bank of Ghana.