Personal BankingBusiness & Corporate Banking
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TRADE RISK
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Bank Windhoek uses a range of documents to protect the interests of both buyer and seller. These documents include:
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Confirmations It is a definite undertaking of the confirming bank, in addition to that of the issuing bank, to honour or negotiate complying documents presented under the Letter of Credit.
Avalisations
It is a specific endorsement on a Bill of Exchange by a bank. By doing this, Bank Windhoek guarantees payment in the event that the drawee defaults on payment of the bill at maturity. |
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Other value adding services:
- Transaction processing, service and support
- Professional advisory and consultancy services
- Customised trade solutions
- Exchange control related formalities and advice
For assistance please contact the International Banking Service Department:
Tel: + 26461 2991451/2 or
Tel: + 26464 219616
E-mail: info@bankwindhoek.com.na
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