Foreign currency banking
The International Banking department handles the bank’s foreign currency denominated banking business and manages the bank’s relationships with correspondent banks.
Documentary letters of credit – inward and outward
NMB establishes letters of credit through its international correspondents for customers wishing to import. For customers wishing to export we receive and process letters of credit from abroad.
International payments – drafts and telegraphic transfers
NMB efficiently processes customers’ incoming and outgoing payments by way of SWIFT transfers (NMB Bank is a member of SWIFT (Society for Worldwide Interbank Financial Transfers)) or by telex. We also issue drafts drawn on our correspondents.