Discounting the export letter of credit
For the companies benefitting of an irrevocable letter of credit payable on term issued by an agreed bank, Exim Banca Romaneasca makes available up to 100% of the receivable value (less the costs related to discounting operation).
Advantages:
- Collection of receivable before maturity;
- The operation is without recourse;
- Setting up liquidities – improvement of cash flow by collecting the receivable before its maturity;
- Simplified documentation;
- Rapidity and expedience.