The key advantages

A UNIVERSALLY ACCEPTED METHOD OF PAYMENT By following a simple and accepted procedure you can benefit from a method of payment which is subject to ICC  Uniform Customs and Practice for Documentary Credits (UCP ) THE  BNP Paribas BONUS: ISO 9001 CERTIFICATION BNP Paribas enables you to benefit from ISO 9001 certification for Documentary Credits in FRANCE, HONG KONG, SINGAPORE, MOROCCO, TUNISIA, MADAGASCAR, REUNION ISLAND, INDIA, CANADA, SENEGAL, BELGIUM, PANAMA.    BNP Paribas has committed itself to advise your documentary credit, to process your documentary credit opening  and your documents verification within a specific time frame. ISO specifications on documentary operations processing provide you the assurance of an optimal treatment. In addition to this undertaking, ISO 9001 certification provides you with the guarantee of a constant and long-lasting quality service. YOUR GUARANTEE OF FLEXIBLE PAYMENT Backing up the 3 types of documentary credits you benefit from a payment guarantee which is adapted to the risks that you wish to cover: country risk, financial risk, risk of abusive contract cancellation.

(1) The payment or the payment undertaking is made once the documents, visibly complying with the terms, have been received. It covers the “country risk” and the “financial risk” It can only be cancelled if all parties are in agreement (2) It can only be cancelled if all parties are in agreement (the exporter, the importer and the issuing bank), It covers the risk of abusive contract cancellation It can be confirmed by a bank. (3) Can be amended or cancelled at any time, by the issuing bank and / or by the principal, without prior notification to the beneficiary (UCP500. article 8.a).