When Zenith Bank (UK) Limited provides a letter of credit, it guarantees that we will pay the importer/exporter a specified amount of money on a specified date.
For the buyer/importer, a Letter of Credit ensures that payment will not be made until the goods or service have been supplied and/or shipped.
Furthermore, the seller/exporter will only be paid 1) if the terms specified in the Letter of Credit are met and 2) the correct documentation, such as shipping confirmation for example, is supplied.
Email us at TradeFinance@zenith-bank.co.uk or call us on +44 (0)20 7105 3950. You can also visit us at 39 Cornhill, London, EC3V 3ND.
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