Apply for export documentary letter of credit
Ready to apply for Export Documentary letter of credit?
Before you get started, here are some things you may need to know.
Who can apply?
Businesses seeking secure payments from international customers.
What you need to know before applying
Ways to apply
When you are ready to submit your export documentary letter of credit, print, complete and return the below relevant forms.
Export documentary collection forms
|You need an export lodgement form when presenting export documents to Westpac for forwarding overseas. The form provides instructions for dealing with documentary credit or documentary collection, as well as payment of proceeds.||Export lodgement form||Read the instructions
|An on demand draft or bill of exchange is a demand for sight payment issued by one party (the seller) on another party (the buyer). This form is to be used in conjunction with the export lodgement instructions.||On demand draft form||Read the instructions
|A term draft or bill of exchange is a demand for term payment issued by one party (the seller) on another party (the buyer). This form is to be used in conjunction with the export lodgement instructions.||Term draft application||Read the instructions
Things you should know
Overdraft facilities are subject to application and Westpac's lending assessment criteria. Fees and charges may apply to the products and services listed. Full details of the Terms and Conditions for this product are available on request.