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International Services

Conducting business worldwide comes with its share of unique challenges and understanding. In conjunction with your Corporate Banking Relationship Specialist, CNB's International Services team can help you by explaining which of our products and services are most appropriate for your specific needs, then assisting you with the necessary documentation.
  • Import and Export Commercial Letters of Credit* provide pledges of payment when buying or selling goods internationally.
  • Standby Letters of Credit* provide pledges of payment for financial, judicial or other contractual obligations including performance bonds, lease guarantees and appeals bonds.
  • Bankers Acceptance: Following a letter of credit transaction, the Bank pays a draft (bill of exchange) upon maturity.
  • Documentary Collection: Commercial documents or drafts and checks sent for payment to and from foreign banks on your behalf.

*All Letters of Credit are issued subject to The Uniform Customs and Practice for Documentary Credits (UCP), Office of Foreign Assets Control (OFAC) and Special Designated National and Blocked Persons List (SDN). Fees and certain restrictions may apply.

 

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