While the documentation will typically vary from case
to case NLBI usually requests some of the following documentation
from the exporter or the seller of the underlying receivables:
| • |
conformed copy of the underlying invoice(s) |
| • |
conformed copy of the underlying sales contract
(financial section) |
| • |
conformed copy of the transport document |
| • |
conformed copy of takeover protocol (if available) |
and
in case of promissory notes or bills of exchange:
- Notes or bills endorsed in our favour "without recourse”
and guaranteed per aval by a bank acceptable to ourselves.
in case of a Bank Guarantee:
- Letter of assignment issued by the Exporter assigning the underlying
payment claims towards the Importer and the guaranteeing bank in
our favour.
- Notification of the assignments issued by the Exporter addressed
to the Importer and the guaranteeing bank.
- Letter of acknowledgement issued from the Importer and the guaranteeing
bank acknowledging ourselves as new bona-fide-holder.
in case of a deferred payment Letter of Credit:
- Letter of assignment issued from the Exporter assigning the claims
arising from the letter of credit in our favour.
- Notification of the assignments issued by the Exporter addressed
to the advising bank or the opening bank.
- Letter of acknowledgement issued from the advising bank or opening
bank acknowledging us as new beneficiary to the letter of credit
(case by case).
- Letter of acknowledgement issued from the opening bank confirming
to us that they will effect payment under the letter of credit at
maturity in our favour and according to our instructions or from
the advising bank confirming to us that they will effect payment
in accordance with our instructions upon receipt of funds from the
opening bank.
Please contact NLBI for sample documentation.
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