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Trade Financing


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International Drafts

An International Bank Draft is a cheque or payment order issued by NBD, on behalf of a customer, which instructs an overseas bank to pay the payee whose name is indicated on the draft. Bank drafts can be used to make a payment to a third party in a foreign currency. more »


Manager's Cheques

An easy and convenient service to make payments to your suppliers, creditors and others in Dominica.

Key Benefits and Features

  • Safer than using cash to make payments.
  • Pay any amount. No limit is placed on the amount of the cheque.

Wire Transfers

An easy, fast and convenient way to pay your suppliers and clients. Wire transfer let you transfer money directly into a foreign bank account. more »


Bills For Collection

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Guaratees

A bank guarantee provides the beneficiary with access to a sum of money if the principal fails to fulfill contractual or other obligations in respect to an underlying transaction, contract or order.

Key Benefits and Features
  • Provides security for either financial or non-financial obligations.

Letters Of Credit (LC)

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