Security to foreign trading
Offer your trading partner a standby documentary credit issued by Nordea to secure the fulfilment of your company's obligations under the agreement. This way your trading partner knows that you are a reliable cooperation partner.
Your company can also request a standby documentary credit from the trading partner so that you can be sure that your partner will act as provided by the agreement. Collateral issued by the bank provides security to your company especially when the trading partner is not well known.
Use standby documentary credits for managing your company's foreign trade risks.