Exciting renovations to our Coburg Branch in Melbourne will commence from Tuesday 6 August to bring our customers a fresh new look branch. Completion of this project will take a few weeks. From 6 August until work is completed, you can reach our customer service team on 9355-7740 or our lending team on 9355-8862 to see if you can access the branch on the day, you are looking to come in. Our team is available to assist with alternate ways to complete your banking in need. Alternatively you can freecall 1800 64 64 84 if unable to reach the Coburg Team. We apologise for any inconvenience this may cause.

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Our Melbourne Branch will be closed on Tuesday 5 November, for the Melbourne Cup public holiday. 

An irrevocable Export Documentary Letter of Credit (Export L/C) is the security of knowing that your payment can be guaranteed.

The Export L/C can be established in most major currencies, however your choice of currency should be included in your original commercial contract with the supplier. At your request, the overseas buyer establishes an Export L/C through their bank.

Key Benefits

  • The buyer’s bank has given an undertaking to pay you. This means that payment is guaranteed providing the credit has been established by a reputable bank and all conditions of the Export L/C has been fulfilled.
  • The buyer cannot cancel or alter the terms and conditions without your agreement.
  • Finance is available to approved customers to restore your working capital as soon as possible after shipment of the goods.
  • Payment security makes it easier for you to develop new business opportunities.

For more information please contact:

Claudio Piccinini
Senior Relationship Manager, Trade Finance

Telephone: +61 2 9377 8915

Fax: +61 2 9221 5428

Mobile: +61 421 097 656

Email: trade@arabbank.com.au