Zenith Bank (UK) Limited

Mitigating the commercial and financial risks of international trade

Letters of Credit

When Zenith Bank (UK) Ltd provides a letter of credit, it guarantees that we will pay the importer/exporter a specified amount of money on a specified date.

For the buyer/importer, a letter of credit ensures that payment will not be made until the goods or service have been supplied and/or shipped.

Furthermore, the seller/exporter will only be paid 1) if the terms specified in the letter of credit are met and 2) the correct documentation, such as shipping confirmation for example, is supplied.

Tania Powell
Head of Trade Services
+44 (0) 20 7105 3957

Tim Holmes
Settlements
+44 (0)20 7105 3934

Priya Ganjoo
Payments
+44 (0)20 7105 3932

Ogiuwa Madunagu
LC Advising
+44 (0)20 7105 3959

Adeola Akintimehin
Relationship Officer - Zenith Bank (UK) Ltd - (DIFC Branch)
+971 (0)4 279 0736