Online banking Contact center 011 30 11 555
Online banking

Documentary letters of credit

Documentary credit represents one of the most significant instruments of international payment in foreign trade business that enables more secure exchange of goods and protects interests of vendor and buyer.

The buyer is ensured that the purchased good is received on time and that it is of satisfactory quality

The vendor is ensured that the delivered goods and services will be paid for

Types of letters of credit that OTP Bank offers to its clients

Necessary documentation
Application form for letter of credit modification
Application form for letter of credit opening

Do you have any additional questions?

You can expect our answer any working day from 9 am to 5 pm

Call us

You can call us any working day from 9 am to 5 pm

+381 11 20 13 848

Documentary collection – incasso

Documentary collection is a payment instrument used in import-export businesses. Compared to the documentary credit, documentary collection includes prior delivery or rendering of services by the vendor before execution of payment.

Find out more


OTP Bank issues and advises guarantees as instruments of collateral. At the request of guarantee user the Bank undertakes to make payments up to the amount specified in the warranty, in the case of non-payment or default of contractual obligations by the instructing party under the guarantee.

Find out more


Our documentary operations and guarantees experts have significant experience in international trade and are always ready to offer you a piece of advice

Find out more

Map of branch locations

Find a branch

Online branch

A team of professional online bankers is at your disposal every working day from 8 am to 6 pm and on weekends from 9 am to 3 pm.

Find out more
Back to top