Promo

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Learn moreabout Promo

Advantages

  • Fast and easy access to the service the client may obtain the receivables on the same or the following working day as of the Contract conclusion
  • Complete elimination of credit risk for the client
  • No need for evaluation of the client’s creditworthiness as the risk is against the Issuing bank

Whom is it Suitable for?

  • Clients exporting or selling goods and/or services abroad or in the country on L/C terms stipulating deferred payment of 30, 60, 90 etc. days.

How to Apply for the Service?

 Please consult our Trade Finance Advisory Unit.

Frequently Asked Questions

  • Discount interest composed by:
    • Market Index (EURIBOR/LIBOR);
    • Bank risk premium based on the Issuing bank’s risk;
    • Transaction risk premium.
  • Purchase fee

Yes, if the buyer and seller have agreed on the method of payment by Letter of credit with deferred payment.

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