Documentary letter of credit | NKBM

If you are buying a new building from one of our partners or you are deciding on a prefabricated house, check the possibility of a documentary letter of credit. It allows you to take out a home loan when you sign the purchase or construction contract. At the same time, ensure greater security

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DOCUMENTARY LETTER OF CREDIT FOR NATURAL PERSONS

When buying a new building from one of our partners, check for payment via a documentary letter of credit. It allows you to take out a housing loan when you sign the purchase agreement and ensures greater security, as the funds will be transferred to the contractor when the conditions written in the letter of credit are met (completed work).

When taking out a loan for project financing.

Payment to the contractor upon completion of the property.

Safe business for the borrower and contractor.

Before opening a letter of credit, consult our experts, who will give you a more detailed explanation of the procedure for opening and drawing up a letter of credit.

Why choose a documentary letter of credit?

	Purpose: when renting a loan from project financing.
	The loan is approved upon signing the sales contract, loan assets are transferred to the cover account for the opening of the letter of credit.
	The letter of credit is drawn up when the contractor/seller of the property proves with documentation that he has fulfilled the letter of credit conditions.
	Safe business for the borrower and contractor.

Are you interested in a Documentary Letter of Credit? The conclusion is simple.

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Click on I am interested, submit your information and we will contact you as soon as possible.

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