If you're shipping goods internationally, your buyer can issue a letter of credit through their bank. Their bank will guarantee payment, but won't make the payment until you've sent documents proving the goods are on the way.

Key features & benefits

  • The buyer's bank guarantees payment.

  • You know you're going to get paid for what you ship.

  • Your buyer can be more confident that they'll get what they ordered.

How it works

Confirmation of export letters of credit

Sometimes, you might need a little more confidence that your risks are covered. If you’re worried about your buyer’s bank – or they’re in a country that you think may not be financially stable – you can contact us to confirm the letter of credit.

If we confirm the export letter of credit, it means that the risk of non-payment will be on us, instead of the buyer’s bank, so you’ll stay protected.

If you want to have a export letter of credit confirmed, call us on 0800 222 490 or email international@kiwibank.co.nz. If we agree to confirm the letter, you’ll be charged a fee.

Talk to us

To find out more about export letters of credit and for pricing information, get in touch with our business banking team.

Talk to a business banking specialist

Complete our online form and one of business banking specialists will get back to you within one to three working days.

Find a business banker

Call us

Call our business banking team on 0800 222 490, or +64 4 803 1646 if you’re calling from overseas.

Mon – Fri: 8am – 5pm.