Transact
Finance
Specialised solutions
Get in touch
Find us
Internet Banking

Manage your business accounts, payments and transactions securely online.

International payments

Make or receive crossborder payments directly from your Nedbank account.
Explore Transact
Order financing

Provide your business with immediate access to funds.
Vehicle & asset finance

Procure assets, replace your fleet or assist your staff with access to vehicle loans.
Loan syndication

Protect your balance sheet when high levels of exposure are required.
Explore Finance
Agribusiness

Customised banking that ensure continuity, access to markets and opportunities to grow.
International business services

Manage international trade with solutions for imports, exports, exchange control and offshore finance.
Value-added services

Cutting-edge business solutions have been designed to add value to your dealings.
Explore Specialised solutions
Back
Transact

Internet Banking

Manage your business accounts, payments and transactions securely online.

International payments

Make or receive crossborder payments directly from your Nedbank account.
Back
Finance

Order financing

Provide your business with immediate access to funds.

Vehicle & asset finance

Procure assets, replace your fleet or assist your staff with access to vehicle loans.

Loan syndication

Protect your balance sheet when high levels of exposure are required.
Back
Specialised solutions

Agribusiness

Customised banking that ensure continuity, access to markets and opportunities to grow.

International business services

Manage international trade with solutions for imports, exports, exchange control and offshore finance.

Value-added services

Cutting-edge business solutions have been designed to add value to your dealings.
Back
  • Internet Banking
  • International payments
  • Order financing
  • Vehicle & asset finance
  • Loan syndication
  • Agribusiness
  • International business services
  • Value-added services

Promoting international trade

Letters of credit provide comfort to the beneficiary that once they receive the credit, payment will be made (provided they complywith the terms).

This encourages the provision finance pre-shipment or while goods are in transt, as well as post-shipment finance.

Letters of credi can also be used for the payment of disbursements, as a form of guarantee by an overseas bank.

To qualify for a letter of credit

You must be a Zimbabwean citizen

You must be a business owner or company representative

You must be a Nedbank business banking client

Documents you'll need

Company financial statements
Business plan and cashflow projection
Latest management accounts including debtor, creditor and stock age analysis
KYC documentation

Want to learn more? Contact an expert business banker

Get in touch
Alternatively, you can call us on +263 0242 230 000 or visit your nearest branch.