Welcome to the Documentary Credit and Collection Department
which handles the foreign tradee transactions of our
customers through our network of Correspondent banks.
Zenith Bank Ghana Ltd provides comprehensive trade services
to major global corporations operating in Ghana as well as
the medium scale enterprises. With a direct presence in two
major countries in Africa and operating an account with
Citigroup which operates in over 150 countries across the
world, Zenith Bank Ghana's global reach and local market
knowledge provide powerful leverage for our importing and
exporting customers. Solutions are customized to our
customers` needs, integrating Letters of Credit and another
trade finance alternatives or products to for a truly
end-to-end trade proposition.
Import
bills for Collection |
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- Sight bills |
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- Acceptance bills |
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|
Export
bills for collection |
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- medical expenses |
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- Dividend / Royalty Payment |
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|
Direct
transfers |
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- Business profits |
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- Royalties |
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- Loans from abroad |
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- Subscription and tuition fees |
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- Government transfers to diplomats abroad |
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- Personal remittance of non-nationals |
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- Payments for samples |
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- Remittance for family upkeep |
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- Personal remittance of non-nationals |
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- Etc etc subject to documentation |
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|
Import
Letters of credit |
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- sight L/C's |
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- Time draft |
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- deferred L/C's |
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|
Export
letters of credit |
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- sight export L/C's |
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- Time drafts |
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- Deferred |
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- Others |
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|
Open
account payment |
| This is where a customer
receives import documents directly from the exporter
and wants to make payment. The following documents
are required. |
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- Customer's express instruction |
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- Original Import declaration form (IDF) |
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- BOG exchange control form A1 |
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- Original Customs entry documents |
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- Original inspection certificates |
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- Original Final Invoice |
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- Packing list (if any) |
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|
| Documents required to effect payment
under any other above mentioned bills shall be
disclosed upon enquiry at our head office. |