Letter of Credit

Import and export letters of credit, and discounting services.

Export Letter of Credit

An irrevocable undertaking of the buyer’s bank located abroad, received in UniCredit Bulbank, in favour to the seller

Import Letter of Credit

An irrevocable undertaking of the Issuing Bank, issued upon request of a local buyer – the Applicant, to effect payment in favor of a seller

Letter of Credit Discounting

Purchase of receivables under Export Letters of Credit