For the smooth running of your international transactions, NATIXIS Algeria offers you a universal payment technique suitable for import and export.
The documentary credit is the operation by which the bank, on the instructions of its customer, “importer”, undertakes through a correspondent bank in favor of the exporter to make payment against delivery of documents certifying shipment, recognized in accordance with the conditions issued by the importer when applying for the opening of the documentary credit.
Payment for imports intended for sale as is must be made by documentary credit alone.
