Trade Finance

As an exporter, are you the beneficiary of a documentary credit? Then you can discount your receivables as soon as the documentary credit has been opened in favour of, and confirmed by, our bank.

We will then pay you the proceeds of the documents, less a discount. The discount rate depends on the term of the credit. This service allows us to pay you the proceeds of a documentary credit immediately, although the payment is actually only due later.

This service allows us to pay you the proceeds of a documentary credit immediately, although the payment is actually only due later. For example, instead of having to wait up to 180 days after the shipping date for your outstanding receivable to be paid, you can improve your current liquidity immediately using a documentary credit. This gives you additional financial freedom, allowing you to purchase goods or cover other unexpected financial bottlenecks. Reducing the period of time between the purchase of goods and the receipt of the proceeds also lets you offer your customers more generous payment terms.