Imports and Exports Services

Import letters of credit
providing the branches with necessary guidelines and directions concerning issuance of L/Cs and notification of the valid banks that have correspondent banking relations with BMI.
Issuance of L/C.
Selling of foreign currencies to customers for advance payments of Import L/Cs.
Selling of foreign currencies to customers for remaining amount of import L/Cs.
Confirmation of negotiating bank of import L/Cs

Export letters of credit
Discounting of export L/Cs , deferred L/Cs and bills of exchange collected by foreign customers or corresponding banks according to principles of interest free banking operations.
onsideration of conditions of opened export L/Cs and confirmation of financial status of issuing banks.