Order goods safely, receive them according to the terms of your commercial contracts and pay the seller only if he has fulfilled all of his obligations.
Import goods at a lower cost than with the documentary credit.
Provide your supplier with a guarantee of payment.
With the export documentary credit, the issuing bank commits itself to pay you against presentation of the stipulated documents.
It is a less costly alternative to the export documentary credit and allows you to maintain the control of documents until the payment or commitment to pay is made by your buyer.